Zerodha
Zerodha is India's largest discount broker. Equity delivery is free; intraday and F&O are charged at flat ₹20 or 0.03% per executed order, whichever is lower (options at flat ₹20).
Charges verified 2026-06-13Account opening happens on Zerodha’s own portal — we link out, we don’t collect your details.
Independent guide. We don’t currently earn affiliate commission from Zerodha; if that changes we will mark it here. See our affiliate disclosure.
Charges schedule
Default plan: Flat ₹20. Statutory charges (STT, GST, stamp duty, exchange fees) apply on top and are uniform across brokers — the calculator breaks them out per trade.
Who it’s for
Cost-conscious self-directed Indian investors and active traders who want a low-cost, well-designed platform with free equity delivery, flat-fee intraday/F&O, and free direct mutual funds.
Zerodha web platform
The Zerodha web platform lives at zerodha.com and covers the same trading, holdings, funds and statements surface as the mobile app. Web is the better fit for charting, multi-monitor workflows, copy-pasting from spreadsheets and filling out account or KYC forms; the app wins on mobility, biometric login and fast order placement on the move. Both share one login and one set of holdings — what you do on web reflects on the app instantly and vice versa.
Can you buy bonds on Zerodha?
Zerodha is India's largest bootstrapped discount broker (founded 2010, ~1.6 crore users), where bonds are a side feature of the Kite/Coin stack rather than a curated bond store. You can bid for G-secs, T-bills and SDLs in the weekly RBI auctions via exchange non-competitive bidding (Kite Bids / coin.zerodha.com/gsec, from ₹10,000) and buy exchange-listed corporate, tax-free and PSU bonds/NCDs on Kite's secondary market like shares. Everything trades at exchange/auction prices with no dealer markup — structurally cheaper than the embedded-spread model most bond platforms run. Zerodha is not itself a SEBI-registered OBPP, and it does not offer NCD public-issue applications, 54EC bonds or curated bond inventory; the old GoldenPi-powered Coin bond store is defunct.
- G-secs (dated government bonds) via weekly exchange non-competitive bidding on Kite Bids / Coin
- T-bills (91/182/364-day) via the same auction route
- SDLs (state development loans) via the same auction route
- Listed corporate bonds and NCDs on Kite secondary market (bought like shares, T+1 settlement)
- Listed tax-free bonds (NHAI/PFC/IRFC etc.) on Kite secondary market
- Sovereign Gold Bonds — secondary market only (RBI stopped fresh issuance in 2024)
- NOT offered: NCD public-issue (bond IPO) applications on-platform, 54EC capital-gains bonds, curated/unlisted bond inventory; the 2020 GoldenPi-powered corporate bond store on Coin is defunct
Tools and information
Run any trade through Zerodha — see brokerage, STT, GST, stamp duty, exchange and DP charges, broken down by segment.
Full Zerodha fee schedule — every plan, DP charges, subscription fees, and the statutory charges that apply on every trade.
Independent Zerodha review — brokerage, app, account opening, customer support, and who the broker actually fits.
Documents, the online e-KYC + IPV + e-sign flow, and how long Zerodha takes to activate the account.
What the Zerodha demat account holds, AMC + DP charges, and how to transfer holdings from another broker.
Direct vs regular plans on Zerodha, SIP setup, commissions, and how it compares with going to the AMC.
Web and app sign-in, password reset, OTP issues, and what to do if your Zerodha account is locked.
How to reach Zerodha support and the four-level SEBI escalation path — broker desk, compliance officer, SCORES, and SMART ODR.
What Zerodha’s Kite app does, where to download it, and how to avoid impersonator apps.