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Now that you have finalized that you want to open account with Zerodha. You have generated the lead online and provided your details and even made the payment but now you are struck. Don’t worry, the payment will not go anywhere and your account would be opened for sure, the online condition being your mobile number should be linked to Aadhar card. The account opening process is straight forward but there are few steps which you have to keep in mind while account opening.

The first issue where people are struck while opening an account in Zeordha is when they want to link their mobile/Aadhar number to Digilocker account.

The second place people are struck is they are not able to complete the IPV process for Zerodha.

And finally people face issue is when they are esigning by providing there Aadhar number.

If you are struck in one of these steps and are not able to contact support for Zerodha, no worries. Whatsapp your issue on the number mentioned on the video and we will call you at the earliest.

We have made step by step guide to apply online for account opening but if you are still struck while opening account just whatsapp us on this number with the issue and we will call you and help you with account opening process. We will help you to resolve zerodha account opening issues. Just keep these document ready

1) Clear picture of PAN card

2) Clear picture of Signature

3) Clear image of Check/Pass book

You should have these document preferably on your mobile so that they can be uploaded directly on Zerodha for account opening. We are Zerodha Authorized partner and we will make sure that your account is opened at the earliest. Once the process is complete, the account opening take place in anywhere from 24 – 48 hrs.

So whatsapp us on 8989132284 with your name and issue being faced in account opening and we will make sure that the issue is resolved at the earliest.

 

Zerodha is one the leading stock broker in India and we are marketing partner for Zerodha.

 

Finally full service broker have also started to provide unlimited trading plans to their customer. The first such plan is launched by Kotak in which after paying Rs 999 per year, you can trade unlimited in intraday for any equity segment including intra-day and F&O. That translate into Rs 4 per day of trading which is very low and can give even discount broker a run for their money. There would be Zero brokerage for any intraday trades you will do. This will bring their brokerage at par or even better than those provided by discount broker.

For delivery based trade, they will still charge a brokerage as per the plan you will take. This is a very competitive rate for intraday trading and customer who are getting little concerned with the reliability of discount broker, can start looking at this plan. [Read more…] about Free intra-day trading(FIT) with Kotak Securities

Before telling which is the best Demat account, I will explain in simple term what is a Demat account. Before 2001, stock were kept in physical format which were know as shares certificate. Buying and selling physical shares were slow and cause lots of issue in settlement. So it was decided that stock would be kept in Digital format or DEMAT form so that they can be easily managed.

So DEMAT allows you to take delivery of shares in Digital format. So if you are planning to buy shares and keep it for more than a day, then you would require a Demat account. Most of the broker now provide purchase of Mutual funds also with a DEMAT account making it easier to manage the MF holding. [Read more…] about Best demat account for small investors

After waiting for long, Zerodha have finally launched UPI fund transfer for all its client. It is really easy to use. We will talk about the process in detail but first let me touch on what is UPI. UPI in simple terms is like your financial email which is created by your bank and in case you need to transfer funds to someone, you don’t need their account number

Just transfer the funds to the email ID provided by the bank and the money will reach real time in their account. This is really easy to use money transfer process and if you are not using it I would suggest you to make your own UPI ID and start transferring fund through it. There is no charges associated with UPI for peer to peer transfer. Some business do charge some small amounts though.

Fund transfer in Zerodha was possible by two ways before. If your bank was one of the 21 banks supported by Zerodha, you were able to transfer money from Zerodha app. But there was a transaction charge of Rs 9+GST every time you used this service. The other way was transferring funds through NEFT. But for that you have to manually add Zerodha as a beneficiary.

With the UPI, both the above mentioned issues are resolved. Firstly, they charge Rs 9 per transaction it is free of cost for now for upto 6 months and there is a good chance that the will remain free going forward also. Also you don’t need to know any Zerodha bank details or add them manually, you can directly transfer the funds without requiring to add any of these details.

The process is pretty simple and explained in the video below

I will also explain the process in few steps.

Just go to add funds and select UPI payment option. It will ask for your UPI ID. Remember that this UPI ID should be linked to the same bank account which is linked to Zerodha. If you try using any other bank account, the money would be debited but would not show up in your trading account.

Once you have put in correct UPI ID associated with your bank account, just input the amount you want to transfer and submit it. Once you do that, you will receive a message in your mobile phone and banking app to approve this payment. Just approve it and you should be able to see the funds transferred in real time to your trading account.

The method is error proof if you follow the steps mentioned above. One more thing to keep in mind is that you have to transfer fund from Zerodha app online. You cannot directly transfer to Zerodha UPI address. If you try doing this, the money would be deducted and would not reflect in your trading account.

We hope that this would have cleared all the doubts you had about using Zerodha UPI app. In case you face any other issue, do let us know and we will try to find the answer for it. You can find latest update about UPI from Zerodha here.

 

Upstox (formerly RKSV Securities), is one of India’s top discount broking firms specializing in the zero brokerage costs model. Founded by Ravi Kumar, Raghu Kumar and Shrini Viswanath, Upstox now accounts for 2% of daily turnover of NSE. Upstox’ customers can trade on BSE, NSE and starting in 2016 on MCX.  (approx. Rs. 7000 crore daily traded turnover)

Upstox is backed by Mr. Ratan Tata, Kalaari Group and GVK Davix and prides itself as the technology-first low cost brokerage firm. The cutting-edge trading platform is built in-house by the team of engineers at Upstox’ head office at Sunshine Towers in Lower Parel, Mumbai. Traders and investors can use the sophisticated charting tools on Upstox Pro Web and Mobile platforms in order to analyze the markets and make profits.

Upstox offers free brokerage on equity delivery trading and trading in Equity F&O, Equity IntraDay, Commodities and Currency Derivatives can be done for a flat fee of Rs. 20 per order traded irrespective of the order volume. What that means is even if you trade 10 lots of NIFTY in one trade, the brokerage would still be Rs 20. Upstox also provide trading facility in Mutual funds and you can manage the account from one screen making it easier for customer to trade. [Read more…] about Upstox brokerage review (2018 Update)