How to Open a Zero Commission Account at Zerodha
Zerodha is renowned for offering one of the lowest commission rates in the stock market. One of the many benefits of investing with Zerodha is the potential to open an account without any charges. Learn more about this simple process and how to get started.
Welcome to Zerodha
Zerodha is a leading online stock brokerage platform in India, known for its user-friendly interface and competitive rates. If you are looking to enter the stock market without the burden of high initial costs, Zerodha could be the perfect choice for you.
Zero Commission Account - An Overview
A zero commission account at Zerodha is an account that allows you to trade in equities, commodities, and options without incurring any commission on the trades. This is a significant benefit for traders and investors who are looking to minimize their overall trading costs.
Eligibility and Requirements
To open a zero commission account at Zerodha, the customer must meet certain eligibility criteria. These include:
A minimum investment of Rs. 5000 (approximately $65) for the basic account type A PAN card and a valid identification proof such as a passport or driving license A bank account with the same address as the proof of address documentsStep-by-Step Guide to Open a Zero Commission Account
Opening a zero commission account at Zerodha is straightforward and can be done through the official website. Here is a step-by-step guide:
Step 1: Visit the Zerodha Website
Head to the official Zerodha website at This is the most reliable and secure way to access your account and to open a new one.
Step 2: Register for a Zerodha Account
Click on the 'Register Now' button on the homepage. You will be prompted to fill in the required details such as your full name, phone number, email id, and a unique username and password. Ensure that the information you provide is accurate and complete.
Step 3: Verify Your Phone Number and Email ID
After registration, you will receive a verification SMS and email. Follow the instructions to verify your phone number and email id. This step is important to ensure the security of your account.
Step 4: Select Your Account Type
Once the verification process is complete, you will be prompted to select the type of account you want to open. Choose the 'Zerodha Kite Zero' account, which is the zero commission account.
Step 5: Complete the Remaining Formalities
You will be asked to provide some additional information such as your residential address, PAN card details, and a bank account details to link with your Zerodha account.
Step 6: Submit Your Documents
After filling in the necessary details, you will be redirected to the document submission page. Here, you can submit necessary identification documents like your PAN card and ID proof.
Step 7: Await Approval
Once you have submitted all the required documents, Zerodha will review your application. This process usually takes a few business days. Once your account is approved, you can start trading without any commission on your trades.
Benefits of Opening a Zero Commission Account at Zerodha
No Commission on Trades: Once approved, you can start trading without incurring any commission on your trades. User-Friendly Interface: Zerodha's Kite Zero platform is user-friendly and easy to navigate, making it ideal for both beginners and experienced traders. 24/5 Live Margin Banks: With Zerodha, you can enjoy live margin banks and watch your trades in real-time. You can also take advantage of the mobile apps for easy access. No Hidden Fees or Charges: Zerodha ensures that there are no hidden fees or charges, making the trade more transparent and cost-effective. Diverse Investment Opportunities: With Zerodha, you can invest in a variety of asset classes including equities, commodities, and options.Open Your Zerodha Account Today
If you are looking for a reliable and cost-effective way to enter the stock market, Zerodha's zero commission account is an excellent choice. Follow the steps outlined above to get started or visit the official Zerodha website for more information.
If you have any questions or need further assistance, feel free to contact Zerodha's support team via the live chat or by email. They are always ready to help you with any queries you may have.
Note: For any direct queries or information, please make sure to email at Use this email for all your requirements or clarifications.