Account Types on WebNotes

3-in-1 account at Zerodha

Mon, 11 May 2026 00:00:00 +0000

3-in-1 account at Zerodha refers to the integration of three distinct financial accounts, a savings bank account, a demat account, and a trading account, into a single functional unit that allows funds and securities to move between them with minimal friction. The concept of a 3-in-1 account originated in India when HDFC Bank, ICICI Bank, and Kotak Mahindra Bank began offering tightly integrated savings + demat + trading packages through their own brokerage arms. Zerodha does not offer a traditional 3-in-1 account in the sense used by bank-sponsored brokers, because Zerodha is a standalone discount broker and does not hold a banking licence. However, Zerodha does integrate its trading account (Zerodha Broking Limited) and demat account (CDSL or NSDL via Zerodha DP) with the client’s existing savings bank account at any scheduled commercial bank, creating a functional 3-in-1 experience without the account being held under one institutional umbrella.

BSDA (Basic Services Demat Account) at Zerodha

Mon, 11 May 2026 00:00:00 +0000

BSDA (Basic Services Demat Account) at Zerodha is a demat account variant offered by Zerodha under the regulatory framework established by SEBI for small investors whose demat holdings remain below specified value thresholds. The BSDA framework was introduced by SEBI to reduce the cost of holding securities in electronic form for individuals with modest portfolios and to encourage retail participation in the capital markets. The BSDA is governed by SEBI’s circular on Basic Services Demat Account, most recently updated by the SEBI circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/186, dated 28 November 2023, which revised the eligibility thresholds effective 1 January 2024.

Zerodha corporate (private limited) account

Mon, 11 May 2026 00:00:00 +0000

Zerodha corporate (private limited) account is a trading and demat account opened in the name of a company incorporated under the Companies Act, 2013 (or its predecessor, the Companies Act, 1956) by Zerodha for the purpose of managing the company’s treasury investments and marketable securities. The account is a non-individual account and operates under the company’s PAN and corporate identity. The authorised signatory or signatories are determined by a board resolution, which governs all transactions on the account.

Zerodha HUF account

Mon, 11 May 2026 00:00:00 +0000

Zerodha HUF account is a trading and demat account opened in the name of a Hindu Undivided Family (HUF) by Zerodha for the purpose of managing the HUF’s investable surplus in Indian financial markets. The account is operated by the Karta, the senior-most male member of the HUF, or in certain circumstances the senior-most female member, who acts as the authorised signatory and representative of the HUF entity. The HUF is a distinct legal person under the Hindu law and under the Income Tax Act, 1961, and is therefore entitled to hold a separate demat account, obtain a separate PAN, and file an independent income tax return.

Zerodha joint demat holders

Mon, 11 May 2026 00:00:00 +0000

Zerodha joint demat holders refers to the arrangement under which a demat account at Zerodha is opened in the names of two or three individuals jointly, as permitted under the Depositories Act, 1996 and the SEBI (Depositories and Participants) Regulations, 2018. In a joint demat account, up to three persons may hold securities in the account concurrently. The account is maintained by CDSL or NSDL under Zerodha’s depository participant (DP) registration. Joint demat accounts are commonly used by spouses, parents and adult children, or business partners who wish to co-own securities.

Zerodha LLP account

Mon, 11 May 2026 00:00:00 +0000

Zerodha LLP account is a trading and demat account opened in the name of a Limited Liability Partnership (LLP) by Zerodha for managing the LLP’s investable surplus in Indian financial markets. LLPs in India are governed by the Limited Liability Partnership Act, 2008 and are registered with the Ministry of Corporate Affairs (MCA). An LLP is a distinct legal entity separate from its partners, combining the organisational flexibility of a partnership with the limited liability protection of a company. This makes the LLP account distinct from a partnership firm account, where the firm is not a separate legal entity and partners bear unlimited personal liability.

Zerodha minor demat account

Mon, 11 May 2026 00:00:00 +0000

Zerodha minor demat account is a demat account held in the name of a person below 18 years of age and operated exclusively by a natural or legal guardian, offered by Zerodha as a depository participant registered with CDSL and NSDL. The account is governed by the Depositories Act, 1996 and the SEBI (Depositories and Participants) Regulations, 2018. A minor demat account is a demat-only account; a separate trading account cannot be opened in a minor’s name under current SEBI guidelines, which means the account may hold securities but cannot independently place market orders.

Zerodha NRI account (non-PIS)

Mon, 11 May 2026 00:00:00 +0000

Zerodha NRI account (non-PIS) is a trading and demat account offered by Zerodha to non-resident Indians (NRIs) and Overseas Citizens of India (OCI) cardholders who wish to invest in Indian financial markets without obtaining Portfolio Investment Scheme (PIS) permission from the Reserve Bank of India. The non-PIS route is governed by the Foreign Exchange Management Act, 1999 (FEMA) and the FEMA (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017, which distinguish between exchange-traded equity (requiring PIS) and instruments that NRIs may hold without PIS permission.

Zerodha NRI account (PIS)

Mon, 11 May 2026 00:00:00 +0000

Zerodha NRI account (PIS) is a trading and demat account offered by Zerodha to non-resident Indians (NRIs) and Overseas Citizens of India (OCI) cardholders who wish to invest in Indian equity markets through the Portfolio Investment Scheme (PIS). The PIS is a channel authorised by the Reserve Bank of India under the Foreign Exchange Management Act, 1999 (FEMA), specifically under the FEMA (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017 (as notified through various RBI master directions). Investments made through the PIS route from a Non-Resident External (NRE) bank account are fully repatriable, while those from a Non-Resident Ordinary (NRO) account are repatriable within RBI-prescribed limits.

Zerodha partnership firm account

Mon, 11 May 2026 00:00:00 +0000

Zerodha partnership firm account is a trading and demat account opened in the name of a partnership firm by Zerodha for managing the firm’s treasury or investment portfolio in Indian financial markets. Partnership firms in India are governed by the Indian Partnership Act, 1932. Unlike a company, a partnership firm is not a separate legal entity distinct from its partners; it is a body of persons carrying on business together with the intent to share profits. However, a partnership firm is treated as a separate assessable entity under the Income Tax Act, 1961, enabling it to obtain a PAN and hold assets in its name.

Zerodha resident individual account

Mon, 11 May 2026 00:00:00 +0000

Zerodha resident individual account is the standard trading and demat account opened by Zerodha for individual residents of India under the SEBI (Stock Brokers and Sub-brokers) Regulations, 1992. It is the most common account type on the Kite platform and serves as the reference account against which all other Zerodha account variants are defined. The account combines a trading account (held with Zerodha Broking Limited) and a demat account (held with either CDSL or NSDL) under a single onboarding workflow.

Zerodha sole proprietorship account

Mon, 11 May 2026 00:00:00 +0000

Zerodha sole proprietorship account is a trading and demat account opened in the name of a sole proprietorship business by Zerodha for managing the business’s investable surplus or for the proprietor to trade under the firm’s identity. A sole proprietorship is not a legal entity distinct from the proprietor; there is no separate statute governing sole proprietorships in India (unlike companies under the Companies Act, 2013 or LLPs under the LLP Act, 2008). The sole proprietorship and the individual proprietor are the same person in the eyes of the law. Accordingly, a sole proprietorship account at Zerodha is structurally very similar to a resident individual account, with the primary distinction being that the account is opened in the business’s name (e.g., “M/s ABC Traders”) using the proprietor’s PAN, and is linked to the firm’s bank account (current account in the firm’s name).

Zerodha trust account

Mon, 11 May 2026 00:00:00 +0000

Zerodha trust account is a trading and demat account opened in the name of a trust by Zerodha for managing the trust’s corpus or investable surplus in Indian financial markets. A trust in India is a legal arrangement whereby a settlor (the person creating the trust) transfers property to one or more trustees to hold for the benefit of specified beneficiaries, in accordance with the Indian Trusts Act, 1882 (for private trusts) or applicable public trust legislation (for charitable and religious trusts). Trusts are widely used for family wealth management, charitable endowments, and philanthropic activities.