Current Referral Reward & Benefits
- โ 10% lifetime brokerage sharing from your referee trades
- โ 300 reward points per successful account opening
- โ Zero equity delivery charges and low flat โน20 F&O brokerage
- โ Direct integration with Smallcase, Sensibull, Streak, and Tijori
Company Overview & Market Standing
Founded in 2010 by Nithin and Nikhil Kamath, Zerodha Broking Limited (SEBI Reg: INZ000031633, CDSL DP: 12081600) pioneered discount broking in India. With over 10 million active clients, Zerodha manages roughly 15% of Indian retail trading volumes without external venture capital.
Zerodha Kite Demat Charges & Brokerage Table
| Segment / Fee | Charges & Rates |
|---|---|
| Account Opening Fee | โน200 (Equity, Currency, Commodity online onboarding) |
| Annual Maintenance Charge (AMC) | โน300 + 18% GST (billed quarterly at โน75 + GST; โน0 under BSDA if holdings < โน4 Lakh) |
| Equity Delivery Brokerage | โน0 (Completely Free Equity Delivery) |
| Equity Intraday Brokerage | Flat โน20 or 0.03% per executed order (whichever is lower) |
| Futures & Options (F&O) | Flat โน20 per executed order across Futures & Options |
| DP Charges (per debit) | โน13.50 + GST per scrip per day on debit |
* Statutory government levies including STT, Stamp Duty, GST (18%), and Exchange Transaction Charges apply as mandated by SEBI.
Trading Features & Platform Capabilities
- Kite Web & Mobile: Minimalist, ultra-reliable charting with TradingView and ChartIQ
- Good Till Triggered (GTT) lifetime trigger orders for long-term target and stop-loss execution
- Coin by Zerodha: Direct mutual fund investing in demat format at 0% commission
- Ecosystem integrations with Sensibull, Streak, Smallcase, and Tijori Finance
IPO Availability: Seamless UPI-based IPO applications on Kite with 1-click pre-apply and real-time bid modifications.
Mobile Application: Kite by Zerodha (iOS & Android) โ rated 4.6โ with 10M+ downloads, biometric login, and millisecond latency.
Pros & Cons of Zerodha Kite
โ Advantages & Pros
- Zero brokerage on long-term equity delivery investments and direct mutual funds
- Industry-leading referral program: 10% perpetual brokerage revenue sharing + 300 points
- No spam promotional calls, unsolicited stock tips, or aggressive upsells
- Exceptional investor education via Zerodha Varsity (100% free)
โ Drawbacks & Cons
- One-time account opening charge of โน200 (unlike competitors with free onboarding)
- No Margin Trading Facility (MTF) leverage for delivery shares
- Annual maintenance charge of โน300+GST applies for standard accounts
Who Should Choose Zerodha Kite?
The gold standard for long-term equity investors, index fund accumulators, and disciplined derivatives traders who prioritize software reliability and zero delivery brokerage.
Eligibility Criteria
- Resident Indian aged 18+ with valid PAN and Aadhaar linked to mobile number.
- Valid bank account proof (cancelled cheque or bank statement with IFSC).
- Applicant must not have an existing active account with Zerodha Broking Ltd.
How To Claim the Offer
-
1
Click the [REFER NOW] button to open the Zerodha account opening portal.
-
2
Enter your mobile number and confirm with OTP.
-
3
Enter your PAN, bank details, and verify personal identity through DigiLocker.
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4
Complete in-person verification (IPV) via webcam and e-Sign using Aadhaar OTP.
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5
Receive Kite login credentials via email and start investing.
Note: Rewards and eligibility are determined by Zerodha Kite upon successful verification. DematRefer does not guarantee reward payouts.
Terms & Conditions
- Earn 300 reward points on successful account opening by the referee.
- Receive 10% of brokerage generated by your referee perpetually as withdrawable/credited earnings.
- Points can be redeemed against AMC fees or partner tools (Smallcase, Sensibull, Tijori).
- Referee must open an account within 60 days of using the referral link.
Official Website & Terms
Review official offer details and verified terms directly on the provider's portal:
View Official Terms (Zerodha Kite) โFrequently Asked Questions
Referral Disclosure: Some links on DematRefer may be referral or affiliate links. We may receive a commission when eligible users complete qualifying actions through these links at no extra cost to you. Read our full Affiliate Disclosure.
Risk Disclosure: Securities investments carry market risk. Read all scheme-related documents carefully before opening an account or investing.
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