How to open a Zerodha corporate account

From WebNotes, a public knowledge base. Last updated 12 May 2026. Reading time ~10 min. Level: Intermediate.

Key facts

Time required	7-15 business days after document submission
Documents needed	Company PAN, MOA/AOA, certificate of incorporation, board resolution, authorised signatory KYC
Cost	Rs 500 account opening fee; higher brokerage rates than individual accounts

This guide details how a registered company or corporate entity can open a demat and trading account with Zerodha, covering the board resolution requirement, document checklist, and segment restrictions applicable to corporate accounts.

Prerequisites

The company must be registered under the Companies Act, 2013 (or Companies Act, 1956 for older entities) and have a valid Certificate of Incorporation.
The Memorandum of Association (MOA) or Articles of Association (AOA) must permit the company to invest in or trade securities. If not, a special resolution amending the objects clause is required before opening the account.
A valid company PAN card is required. The company PAN is separate from the PAN of the directors.
A board resolution specifically authorising the opening of a Zerodha demat and trading account must be passed before submitting the application.
A corporate current account in the company’s name at a scheduled bank serves as the settlement account. Individual or savings accounts of directors cannot be used.
Physical forms must be submitted; the online eKYC route is not available for corporate entities.

Step-by-step procedure

Step 1: Confirm eligibility and check MOA objects clause

Before preparing any documents, have a company secretary or chartered accountant review the MOA and AOA to confirm:

The objects clause permits investment in listed securities or financial instruments.
No regulatory restriction (SEBI ban, court order, or NCLT freeze) applies to the company’s securities trading.

If the current objects clause does not explicitly permit securities trading, the company must pass a special resolution under Section 13 of the Companies Act, 2013 to amend the MOA and file the amended MOA with the Registrar of Companies (ROC) before proceeding. This process takes 30-60 days.

The Zerodha corporate account overview page details which trading segments are available for corporate entities.

Step 2: Pass a board resolution

Convene a board meeting (physical or under Section 173 via video conferencing) and pass a resolution containing:

The company’s intent to open a demat account with CDSL or NSDL through Zerodha Broking Limited.
The company’s intent to open a trading account with Zerodha for transactions in equity, derivatives, currency, or commodities (specify only those segments needed).
Names, designations, and specimen signatures of authorised signatories (typically one or two directors or senior officers).
Confirmation that the corporate current account at [bank name] will be the settlement account.

The resolution must be certified true by the company secretary or a director with the company seal (if applicable). Zerodha does not accept uncertified board minutes.

Step 3: Download the corporate account opening kit

Visit zerodha.com/open-account. Select “Corporate” as the entity type. Download the account opening form package, which includes:

Corporate account opening application form
FATCA and CRS declaration (entity)
Beneficial ownership declaration (SEBI requirement for entities with 25% or more beneficial ownership concentration)
Authorised signatory KYC form (one per signatory)
Segment activation annexure

Step 4: Fill the application form

Complete all fields in the company’s legal name as it appears on the Certificate of Incorporation. Do not abbreviate the name. Key fields:

Entity PAN: Company PAN (10 characters, 4th character is “C” for companies).
Registered address and correspondence address: These may differ. Ensure the correspondence address is where Zerodha communications should be sent.
Authorised signatories: Enter each signatory’s name, designation, and PAN exactly as on their identity documents.
Bank details: Corporate current account number and IFSC code.
Segments: Tick equity delivery and any derivative segments the board resolution authorises. Commodity trading requires a separate commodity account with Zerodha’s commodity subsidiary.

The authorised signatory(ies) sign every page. The company seal (if the company uses one) is affixed alongside the signature where indicated.

Step 5: Prepare the document package

Compile certified true copies of the following:

Document	Certification required
Certificate of Incorporation	Certified by company secretary or director with company seal
Memorandum of Association (all pages)	Certified by company secretary or director
Articles of Association (all pages)	Certified by company secretary or director
Company PAN card	Certified copy
Board resolution (certified extract of minutes)	Certified by company secretary or director
GST registration certificate (if applicable)	Certified copy
Latest audited annual report or balance sheet	Self-attested by signatory
KYC documents of each authorised signatory (PAN + Aadhaar)	Self-attested by the respective signatory
Beneficial ownership declaration	Signed by authorised signatory
Cancelled cheque from corporate current account	Self-attested

SEBI’s KYC circular (SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37) requires that non-individual entities submit beneficial ownership details for any natural person who ultimately owns or controls more than 25% of the entity.

Step 6: Arrange IPV for authorised signatories

Each authorised signatory listed in the board resolution must complete in-person verification (IPV). For corporate accounts, Zerodha typically schedules a brief video call with each signatory after receiving the physical forms. Each signatory must:

Be present individually during their video call.
Hold their PAN card to the camera during verification.
State their name, company name, and designation on camera.

Alternatively, each signatory can sign the IPV declaration in the form. Zerodha may accept this in lieu of a video call for accounts opened entirely via physical forms.

Step 7: Courier the complete package

Send the assembled forms and documents to:

Zerodha Broking Limited 153/154, 4th Cross, Judges Colony, J.P. Nagar 4th Phase, Bengaluru 560078, Karnataka, India

Use a trackable courier. A corporate account package is typically 15-30 pages; use an A4 envelope and avoid folding the documents. Retain a complete copy of everything submitted.

Step 8: Pay the account opening fee and receive credentials

The corporate account opening fee is Rs 500 (verify at zerodha.com before applying). Zerodha sends a payment link after verifying the received documents. Processing takes 7-15 business days after receipt of the complete, correct document set. Credentials are issued to the registered email of the company. The authorised signatory(ies) can then log in to Kite and Console to begin trading.

What can go wrong

MOA objects clause does not cover securities trading: Applications are rejected if the company’s stated objects do not include investing or trading in securities. Amend the MOA before applying; this cannot be resolved post-submission.
Board resolution not specifically naming Zerodha: Generic board resolutions authorising “opening of demat and trading accounts” without naming Zerodha Broking Limited may be queried. Draft the resolution specifically for Zerodha.
Beneficial ownership form incomplete: SEBI requires disclosure of ultimate beneficial owners (UBOs). Leaving the UBO section blank or listing only institutional shareholders (not individual ultimate owners) causes rejection.
Corporate bank account in director’s personal name: Funds can only be settled to a current account in the company’s registered name. Personal accounts of directors are not accepted.
Expired or pre-2013 MOA format: Companies that pre-date the Companies Act, 2013 may have MOA formats that reference older statutes. Zerodha may request additional clarification or an updated certified copy.

Zerodha corporate account overview - Segments, brokerage, and regulatory framework for corporate entities
How to open a Zerodha partnership/LLP account - Account opening for partnership firms and LLPs
How to open a Zerodha HUF account - HUF-specific account opening process
How to complete Zerodha KYC online - KYC steps for the electronic verification component
How to track Zerodha account opening status - Check the status of a submitted application
How to activate F&O segment on Zerodha - Enabling futures and options trading after account activation

References

SEBI Circular on KYC norms for non-individual entities (SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37, 23 March 2023).
Companies Act, 2013, Section 13 (alteration of MOA objects clause) and Section 173 (board meeting via video conferencing).
Zerodha corporate account opening page: zerodha.com/open-account (accessed May 2026).
CDSL Operating Instructions, Chapter 4: Non-individual account opening, revised 2024.
SEBI Master Circular on Anti-Money Laundering and Know Your Customer (SEBI/HO/CDMRD/DMP/CIR/P/2022/143, 19 October 2022), Annexure B (beneficial ownership declaration requirements).

Reviewed and published by

WebNotes Editorial Team

The WebNotes Editorial Team covers Indian capital markets, payments infrastructure and retail investor procedures. Every article is fact-checked against primary sources, principally SEBI circulars and master directions, NPCI specifications and the official support documentation published by the intermediary in question. Drafts go through a second-pair-of-eyes review and a separate compliance read before publication, and revisions are tracked against the SEBI and NPCI rule changes referenced in the methodology section.

Last reviewed: 12 May 2026
Conflicts of interest: WebNotes is independent. No relationship with any broker, registrar or bank named in this article.