Demat Account (Zerodha) Last Date, Fees, and Important Details

Key Details

Last DateNo deadline — open anytime, available 24x7 online
Account Opening ChargesRs. 0 (free)
Annual Maintenance Charge (AMC)Rs. 300/year (Rs. 75 charged every quarter)
BSDA — AMC WaiverRs. 0 AMC if holdings under Rs. 4 lakh (and only one demat on your PAN)
BSDA — Reduced AMCRs. 100 + GST if holdings between Rs. 4 lakh and Rs. 10 lakh
Equity Delivery BrokerageZero — fully free
Intraday / F&O BrokerageFlat Rs. 20 or 0.03% per executed order (whichever is lower)
Options BrokerageFlat Rs. 20 per order (any number of lots)
DP Charge (sell side)Rs. 15.34 per scrip per day (Rs. 13 + 18% GST)
Activation Time24 to 48 working hours after eSign
Online Account Opening Available24 x 7, all days

Who Can Apply

  • Indian resident, 18 years or older (minors cannot open online)
  • Must have PAN card and Aadhaar
  • Aadhaar must be linked to an active mobile number (for OTP-based eSign)
  • Must have a bank account in your name (savings or current)
  • Name on PAN, Aadhaar, and bank must match
  • For F&O segment — must upload valid income proof

Important Highlights

  • 100% paperless online account opening — no physical documents to courier
  • Same account covers equity, F&O, currency, commodities, mutual funds, and bonds
  • Rs. 0 brokerage on all equity delivery trades — keep stocks long-term at no cost
  • Kite (trading), Console (reports), and Coin (mutual funds) — all included free
  • AMC waived under BSDA for small investors (holdings below Rs. 4 lakh)
  • Nominee can be added online during application (SEBI mandatory)
  • 24-48 working hours to activation — no agent, no branch visit
  • If KYC already registered with a KRA, you get 15 days to complete rectifications; via DigiLocker only 3 days
Follow the Step-by-Step Guide