Opening Demat Account


#1

I have paid requisite Fees (Rs.300/-) for opening demat account.

Now, when the application form is asking to link my digilocker account with zerodha.

I have checked digilocker portal. It has 29 requestor organisations, however, zerodha’s name is not appearing on it.

Plz correct me if m wrong, but is it safe to allow access to the digilocker as other personal docs will be stored there as well?

Regards,


#2

Hi Ankur,

Zerodha has tied up with Digilocker as a Requester too, that is how Digilocker share details with us after you issue your documents within the Digilocker portal. I will check and see to it that Zerodha’s name appears too, I am unsure on whether they keep updating the list.

With regard to safety, Digilocker is an initiative of the National eGovernance Division under the Ministry of Electronics & Information Technology (MeitY), Government of India. As it is an initiative from the Government and has no profit motive, we believe that it is extremely safe :slight_smile:


#3

Ohk…thanks a lot…Will complete the pending application form… plz guide me if I get stuck…will connect


#4

@somnath248
Is it compulsory to also pay Rs.200/- (for commodity market) as I have already paid Rs.300/- for equity market., while opening new account.


#5

Hey Ankur,

The ₹200 for commodity is required only if you intend to trade in commodity derivatives, with the equity account you will have access to a world of services from Zerodha.

Check this link for more