Sunday, 5 November 2017

What is the best way to open your online trading, demat & commodity account to invest in stock, commodity & direct mutual funds? How can I open my online trading and demat account?

What is the best way to open your online trading, demat & commodity account to invest in stock, commodity & direct mutual funds?  How can I open my online trading and demat account?


You may open your trading, demat and commodity account together all or any two of them as you wish using offline as well as online process. Preferred way of opening your account is through the Zerodha Online Application Form:

  1. Through the Zerodha Online Form, you can fill your application form, upload scanned copies of your documents and have them verified by their representative.
  2. Go to the Open an Account link on their website.
  3. Follow the instructions as given on the page. Once you receive your online form password, you can login to your online form wizard and fill in the relevant details and have them reviewed by them. The details that you enter will be saved automatically so you can log back in anytime at your convenience to complete the process.
  4. Fill in all your personal information . While filling the information make sure you do it as per the instructions that popup on your screen.
  5. Remember that all the information gets automatically saved, so even if you cannot fill the form in one go the details will always be available to be continued and completed once you re-login. First, you will have to upload the scanned copies of all your documents.
  6. After you have entered your personal information online and clicked on Continue, you will be redirected to another page wherein you will have to choose between two options – Standard process and the Priority process. Here you should also select the accounts/segments which you wish to open and pay the relevant charges.
  7. If you wish to sign up for the standard process, you will have to take a print out of the forms yourself. Additionally you need to make a payment of Rs.500 online for a T+D+C account. Along with the form you should also attach the relevant documents and courier it to them directly. Your account will be created at the earliest, once they receive the forms from you.
  8. If you wish to sign up as a Priority client, you will have to enter all your details online and you should upload all the relevant documents. Additionally you need to make a payment of Rs.800 online for a T+D+C account. They will print your prefilled application form and courier to your address. You will have to sign on the application form and on the documents and you should courier the forms back to them. Once they receive the form from you, they will process you forms and will get your account opened at the earliest.
  9. The account opening charges for both the processes (standard and priority) can be paid by you online this way. Kindly look at the image below for the same.
 

After this process you will be onboard Zerodha and will be ready to trade.


Hope this will help you to open your online trading , demat and commodity account and enjoy free delivery brokerage charge.


Happy trading and investing.


With best regards,
Amiya Sarkar

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