If you have already opened a trading and demat account with SBI smart, you can use that account to trade in the stock market. You do not need to open a separate account with Zerodha or any other brokerage firm.
However, if you want to use Zerodha’s trading platform, Charting tools or avails its services, you can do so by opening a trading account with Zerodha.
To open a trading account with Zerodha, you will need to follow the below steps:
- Visit the Zerodha website www.zerodha.com and click on the “Open an account” button.
- Fill in the online form with your personal and financial details.
- In the “Account Type” section, select the option “I don’t have a trading and demat account”.
- Enter your personal, contact, and financial details in the online form.
- Upload the required documents, including identity proof, address proof, and income proof.
- Review the terms and conditions and complete the online form.
Once you have completed the online form, Zerodha will verify your details and initiate the account opening process. This process may take some time to complete, and you may be required to visit a Zerodha office or partner bank to complete the account opening process.
Once the account opening process is complete, you will receive your login credentials for the Zerodha trading platform. You can then use these credentials to log in and start trading in the stock market.
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