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Can I open Zerodha account with Icici bank?

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Can I open Zerodha account with Icici bank?

Yes, a person can open Zerodha account with an ICICI Back link, infact with any bank, as it does not matter. All they need is : Pan Card. Aadhar card.

Which bank can link with Zerodha?

Currently, we support HDFC Bank, IndusInd Bank, IDFC FIRST Bank, Yes Bank and Axis Bank for NRE PIS or NRO PIS accounts. If you are choosing to open an NRO non-PIS account , you can link an NRO bank account of any bank.

Can I transfer my demat account from Icici to Zerodha?

yes you can transfer shares from ICICI demat to the new Zerodha demat. You will get a DP ID when you open a Zerodha demat account. You have to mention this in the ICICI delivery instruction booklet, and submit it back to them. Once they receive, they will transfer it to your new Zerodha demat.

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Is it safe to open demat account in Icici bank?

The Demat Account opening charges with ICICI is NIL, and the annual service charges for the first year are waived off. ICICI Demat account also offers you a safe, online mode to keep track of your investments.

Is it safe to link bank account with Zerodha?

No, you will only be able to transfer funds from bank accounts that are linked to your Zerodha trading account. SEBI regulations mandate this.

Is Zerodha account NSDL or CDSL?

Zerodha is a depository participant of the CDSL depository. This means Zerodha works as a service agent for a demat account which is held by CDSL, one of two central depositories.

Which is better Icicidirect vs Zerodha?

Zerodha is better than ICICI Direct in the following ways: Zerodha offers brokerage-free equity and mutual fund investment. ICICI Direct charges 0.55\% brokerage for equity delivery. Zerodha call and trade charges are Rs 20 per trade while ICICI Direct charges Rs 50. Zerodha doesn’t charge any subscription fee.

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How much does Icici charges for demat account?

ICICIdirect Account Opening Charges and AMC

Transaction Charges
Account Opening Charges Rs 0 (Free)
Demat Account Annual Maintenance Charges AMC Rs 300 per year
Demat Debit Transaction Charges (Sell Orders) Rs 20 per transaction
Call & Trade Charges Rs 50 per order

Can 2 people use same Zerodha account?

No, you will not be able to add another person as a joint holder to your existing account with Zerodha.

What is DP name in Icici demat account?

DP ID of your demat account in ICICI Direct is a depository identification number allocated to ICICI by NSDL or CDSL depositories. The DP id is part of your demat account number which is a 16 digit alphanumeric code. The first 8 digits represent the DP ID and the last 8 digits is your client ID.

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