Zerodha has made online and offline account opening free for resident Indian accounts from 29th June 2024.
The charges for opening a resident individual account are as follows:
Online account opening:
| Equity trading and demat account | ₹200 |
| Commodity account | ₹100 |
Payments can be made using UPI, a debit or credit card, net banking or a wallet. To learn how to open an account online, see How to open a Zerodha account online?
Offline account opening:
| Equity trading, demat and commodity accounts | ₹500 |
Payment is to be made with a cheque written in favour of Zerodha Broking Ltd. with the account opening fee amount mentioned above and sent along with the account opening form and documents. The charges are more for offline account opening because of the paperwork involved. To learn how to open an account offline, see How to open a Zerodha account offline?
A commodity account can only be opened if a trading and demat account exists. To activate the commodity, see How to open a commodity account?
