Zerodha Brokerage Charges Zerodha is highly popular and reputed for its low brokerage charges. Be it account opening charges, AMC, or brokerage charges, they are set in affordable ranges only. Zerodha account opening process is easy, quick, and safe. You could open a Zerodha account online in just a few minutes. The account opening charges are Rs 200 for trading in Equity, F&O, and Currency.
Zerodha account opening key features
Paperless online account opening.
Simple 2-in-1 account opening (Trading + Demat Account).
Account gets activated on the same day in most cases.
NRI account is available (paper-based process).
Zerodha Account Opening Process
- Zerodha Account Opening Steps
To open an instant online account, visit the Zerodha website and click on the Signup button. Register using your mobile number and email. Verify them via OTP.
Zerodha account opening is a simple 7 steps process. It is recommended to keep scanned or digital copies of the Aadhaar Card, PAN Card, Cancelled Cheque, and Signature on a blank white paper for quick account opening.
Enter PAN Number and Date of Birth.
Choose trading segments and pay Rs 200 account opening fees.
Enter your Aadhaar Number and verify it via OTP.
Enter additional personal information like your parents’ name.
Enter your Bank account details.
Complete the In-person verification by recording a video as per the instructions provided.
Digitally sign your application form.
Once your application is submitted, the Zerodha team will verify the details, and open your account. After the account opening, your account details will be shared including your login credentials via an email within 24 hours.
- Zerodha 3-in-1 account opening process
Zerodha offers 3-in-1 account (Trading + Demat + Bank accounts) through its partner bank, IDFC FIRST. The 3-in-1 account offers seamless transitions between bank and trading accounts. When the customer buys/sells shares, the funds are withdrawn or deposited in the bank account automatically. The customer does not have to maintain funds in a trading account for buying shares. In addition to it, the customer also earns savings account interest on the bank account holdings with IDFC First.
To open a 3-in-1 account, you need to open a bank account online with IDFC FIRST Bank. Once your Bank account is open, you can open a trading and Demat account with Zerodha and link it with your IDFC bank account.
- Zerodha offline account opening form, fees and status
If your Aadhaar number is not linked to your current phone number, you have to open Zerodha accounts via the offline process by signing the paper forms. Zerodha charges Rs 400 for offline account opening.
Zerodha Offline Account Opening Steps
Download the PDF Account Opening Form for Equity trading and Commodity Trading.
Take a printout.
Fill up the details.
Sign the form.
Attach the documents required.
Courier the forms to the Zerodha office.
The Zerodha team will check the documents and details after receiving the form. Your account will be opened in two days if all of the required information is provided.
Zerodha Account opening documents
- Documents Required for Online Account Opening
A scanned copy is required of the following documents:
Document Details
Identity Proof
PAN Card
Address Proof
Anyone – Driving License, Voter ID, Passport, Aadhar Card, Bank statement, etc.
Bank Account Details
Canceled cheque with your name printed on it. If not please attach your latest Bank Statement
Signature Proof
Signature on an empty white paper
Income Proof
Only in the case when the F&O segment is selected.
Anyone – Latest salary slip, ITR, Form 16, 6-month bank Statement, etc.
- Documents Required for Offline Account Opening
A paper signed copy is required of the following documents:
Document Description
Photographs
One. Paste on the KYC form and sign across it.
PAN Card
1 copy, self-attested
Address Proof
1 copy, self-attested – (Driving License, Voter ID, Passport, Aadhar Card, Bank statement, etc. – Anyone)
Income Proof
1 copy, self-attested – (Latest salary slip, ITR, Form 16, 6-month bank Statement, etc. – Anyone)
Canceled Cheque
The cheque should have your name printed on it, if not please attach your latest Bank Statement
Zerodha Account Opening Time
Zerodha offers an online account opening. Customers can submit the online form at any time. Once the application is received, Zerodha takes around 24 hours to verify the application and open an account.
Zerodha team sends an email with your login credentials once the account is opened.
For an offline paper application form, Zerodha takes two days to process account opening applications.
Zerodha Account Opening Charges
Zerodha’s online account opening charges are Rs 200 for the equity segment and Rs 300 for the equity and commodity segments. Offline account opening charges for the trades on Equity, F&O and Currency are Rs 400.
Zerodha allows customers to open online and offline accounts through its trading platforms and website. However, NRI, Partnership, Limited Liability Partnership, HUF, or Corporate accounts can only be opened via an offline process.
Account Type Equity Equity + Commodity
Individual Account (online)
Rs 200
Rs 300
Individual Account (offline)
Rs 400
Rs 600
NRI Account (offline)
Rs 500
N/A
Partnership, LLP, HUF or Corporate accounts (offline)
Rs 500
Rs 800
Zerodha Account Maintenance Charges
Zerodha AMC Charges are Rs 300 per year. Zerodha withdraws Rs 75 from customers’ trading account quarterly (every 90 days). Zerodha AMC charges for the NRI account is Rs 500 per year.
Transactions Fees
Trading/Demat AMC Rs 300 per year (Rs 75 per quarter)
NRI Account AMC Rs 500 per year
Note:
Zerodha Demat AMC charges are payable by all customers irrespective of account utilization.
18% GST is charged in addition to Rs 75 AMC Fees.
It is recommended to close the demat account if it’s not in use to avoid AMC charges.
Conclusion:
Zerodha account opening process is easy, safe and secure. Zerodha accounts can be opened from both online and offline modes. Zerodha account opening charges are Rs 200 (one-time fee). Zerodha takes a max of 24 hours to open an account once the application is received.
Zerodha Account Charges
Zerodha offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with Zerodha. Zerodha fee structure and trading commission rates are explained as below.
To open Zerodha account you have to pay account opening charges and annual maintenance charges (AMC).
Zerodha Account Open Charges | Zerodha AMC 2024
Transaction Fee
Trading Account Opening Charges (One Time) Rs 200
Trading Annual Maintenance Charges AMC (Yearly Fee) Rs 0 (Free)
Demat Account Opening Charges (One Time) Rs 0
Demat Account Annual Maintenance Charges AMC (Yearly Fee) Rs 300
Zerodha Brokerage Charges 2024
Customer pays a commission (brokerage) when buying or selling stocks through Zerodha. The brokerage charges for equity, commodities and currency derivative trading for Zerodha are explained as below.
Zerodha Flat Brokerage Plan
Segment Brokerage Fee
Monthly Fee (Fixed)
Equity Delivery Rs 0 (Free)
Equity Intraday Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
Zerodha Demat Account Charges 2024
The Demat account transactions are charged separately from the trading commission. Find Zerodha Demat account charges 2024.
Zerodha Demat Charges
Zerodha trading and demat account opening fees are Rs 200. Zerodha charges Rs 300 per year demat account AMC. Zerodha demat debit transaction fee of
Market Trades: ₹13.5 + GST
Off-Market Trades: 0.03% of ₹25 whichever is higher + GST
per debit transaction.
ID Transaction Charges
1 Demat Account Opening Charges Rs 200
2 Transaction Charges (Buy)
3 Transaction Charges (Sell)
Market Trades: ₹13.5 + GST
Off-Market Trades: 0.03% of ₹25 whichever is higher + GST
4 Annual Maintenance Charges (AMC)
Individuals/Non Individual (except Corporate) – ₹300 + GST
Non Individual – Corporate – ₹1000
5 Demat + Courier charges
₹150 per certificate (+ ₹100 Courier charges)
6 Remat
₹150 per certificate + CDSL charges + ₹100 Courier charges
7 Pledge Creation
₹30 per request + GST
8 Pledge Creation Confirmation
₹0
9 Pledge Invocation
₹20
10 Failed Transactions
₹50 per ISIN
11 Other Charges
Cheque Bounce: ₹350
Physical Statement – ₹50 (+Courier charges at actual)
Modification in CML – ₹25 per request
KRA Upload / Download – ₹50 per request
Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.
Zerodha Transaction Charges (Exchange Turnover Charge)
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
Zerodha Transaction Charges 2024
Segment Transaction Fee
Equity Delivery NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A – Rs 260 per Cr (0.0026%)
Zerodha Trading Taxes
Zerodha charges government taxes and fees in addition to the brokerage. These Zerodha trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the Zerodha tax calculation.
Zerodha Tax on Trading
Tax Zerodha Rates
Securities Transaction Tax (STT)
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Exchange Transaction Charges
Refer table above
GST
18% on (Brokerage + Transaction Charge + SEBI Fee)
SEBI Charges
0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore)
Stamp Duty
(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.
Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)