Miscellaneous

Is it safe to open demat account with Zerodha?

by Author

Is it safe to open demat account with Zerodha?

Is Zerodha Demat Account safe? Yes, your Zerodha demat account is safe. The demat account is opened with CDSL (Central Depository Services Limited), one of the 2 central depositories in India. Zerodha’s role in the demat account is limited to acting as an intermediary between the customer and the central depository.

Is there any risk in Zerodha?

Yes, Zerodha is as safe as any other stock broker in India. Zerodha is a genuine and trusted stock broker. They are among the lowest risk broker for the following reasons: Zerodha is a debt-free.

Can I open account in Zerodha by phone?

To open an account, you can get in touch with us by calling us on 080 47192020 or 080 71175337. Our account opening lines will be open from 10:00 AM to 7:00 PM.

READ:   What are the components of a good ad?

What is offline account in Zerodha?

If your mobile number is linked to your Aadhaar number, you can open an account online. To open an account offline, you will have to print out the account opening forms, fill them up and sign them. If you need help filling out the application form, you can call us on 080 47192020 / 080 71175337.

How much does it cost to open an account in Zerodha?

If you wish to open your account offline then the charges will be Rs. 400 for Equity account opening and Rs.600 if you open both Equity and Commodity accounts. (To be paid via a cheque in favor of “Zerodha Broking Ltd.” for offline accounts)

Does Zerodha require a PAN card and address proof?

However, if you are already KYC compliant then PAN card and Address Proof is not required. To get your account opened at Zerodha, you are required to courier us the Account opening forms.

READ:   Which algorithm is suitable for face recognition?

Is it advisable to give 6 months bank statement to Zerodha?

At Zerodha, we’ve always believed in having just one pricing structure for all clients. It’s unlikely that this would change. SIR IS IT MENDATORY TO GIVE 6 MONTHS BANK STATEMENTS. ONE OF MY FRIEND WANT TO OPEN EQUITY TRADING AND COMMODITY TRADING ACCOUNT BUT HE HAS BANK ACCOUNT OPENED ON 02 FAB 2013.

Is Zerodha a debt or debt company?

Zerodha is zero debt company since first quarter. Zerodha has 1 million active user base and add 50000 customer on monthly basis. Zerodha got best retail broker award in the year 2017. Zerodha charges zero brokerage on equity delivery.