Zerodha Referral Code |
How to Get 300 Free Reward Points + a Free Demat Account on Zerodha
- Click ACTIVATE OFFER
- Go to Zerodha and begin the signup process
- Provide your mobile number (linked to Aadhaar) - Get OTP - Verify
- Verify using Gmail login, or enter your email ID manually and confirm the OTP sent to your email
- Input your PAN number and date of birth
- Choose the segments you want to trade in (Equity, F&O, Commodity, etc.) - Accept terms & conditions.
- Enter your Aadhaar number - Verify with OTP (sent to Aadhaar-linked mobile) - Enter Captcha + 6-digit Digilocker PIN
- Fill in your personal information (name, address, etc.)
- Link Bank Account: Link via UPI (pay ₹1 to verify) or manually enter bank details + upload proof (cancelled cheque or statement)
- In-Person Verification: Enable camera - Ensure your face is clearly visible - Capture selfie/video as prompted
- Signature: Draw your signature on screen or upload a scanned copy
- Add nominee details. You can skip and add later
- Digitally sign using Aadhaar OTP + Digilocker PIN
- Done! Your User ID will be displayed immediately. Zerodha will activate your account within 48 working hours and email your login credentials.
ACTIVATE OFFER RGV002
What is Zerodha?
Zerodha is one of India's largest and most popular discount brokerage firms. It provides an online trading and investment platform for both retail and institutional clients. Zerodha offers trading and investment opportunities in stocks/equity (delivery and intraday), derivatives (futures and options), commodities, currencies, mutual funds (direct plans), ETFs, bonds, and other securities.
Why is Zerodha better than other brokers?
1. Low & Clear Pricing
- No brokerage on equity delivery trades (buy & hold stocks) and direct mutual funds.
- Flat ₹20 or 0.03% (whichever is lower) for intraday, futures, and options.
- No hidden charges. Free account opening in most cases.
2. Trustworthy & Stable
- Bootstrapped (no VC funding), customer-first approach.
- Over 1.6 crore customers. Highly profitable and reliable.
- No aggressive sales or bad advice.
3. Great Trading Platforms
- Kite app & web: fast, clean, and powerful for trading.
- Extra tools: Coin (mutual funds), Varsity (free education), APIs for algo trading.
- Better for active traders than beginner apps like Groww.
4. Many Investment Options
- Stocks, F&O, currency, commodities, mutual funds, bonds — almost everything.
5. Focus on Education
- Varsity and other resources teach you to trade on your own, without relying on broker advice.
6. Other Benefits
- No pressure to buy advisory or portfolio services.
- Strong on technology, not on flashy ads.
Potential Drawbacks
- Demat AMC: ₹300 per quarter after the first year (waived in some cases)
- Account opening: Slower at times
- Customer support: Limited hand-holding for absolute beginners
- International markets: Not available (focus is India-only)
- Competitive positioning: In a competitive market, others like Groww lead in active clients due to simpler interfaces and promotions, while some platforms offer zero brokerage on more segments or better margins
Zerodha Referral Code
Zerodha Referral Code is: RGV002
Zerodha Refer and Earn Program
- You earn 300 reward points when your friend opens a demat account, plus 10% of the brokerage your referrals pay.
- Your friend earns 300 reward points when they open an account.
- Brokerage earnings can be redeemed to your bank account via Zerodha Console after you reach ₹500.
- Reward points can be used to redeem Zerodha partner offers, such as subscriptions from Tijori, MProfit, Quicko, Tickertape, Smallcase, or a 1-year annual fee waiver with 1000 points.