Zerodha : A Leading Discount Broker in India

Zerodha is a popular discount broker in India, known for its innovative and technology-driven approach to investing. With a client base of over 4 million, Zerodha has emerged as one of the leading players in the Indian brokerage industry.

Founded in 2010, Zerodha has disrupted the traditional brokerage industry by offering low-cost, transparent, and user-friendly investment platforms. It has also been at the forefront of introducing new technologies, such as algorithmic trading and direct market access, to retail investors.

Zerodha's flagship trading platform, Kite, is widely regarded as one of the best trading platforms in India, offering a range of advanced features, such as advanced charting, multiple order types, and real-time market data. Zerodha also offers a suite of other investment platforms, such as Coin, which is India's largest direct mutual fund platform, and Varsity, an online education platform for investors.

With a strong focus on customer service, technology, and innovation, Zerodha has been able to build a loyal customer base in a highly competitive industry. Whether you are a seasoned investor or a first-time trader, Zerodha offers a range of products and services to help you achieve your investment goals.

1. Log in to your Zerodha Kite account on the Zerodha website.
2. Click on your profile icon, located at the top-right corner of the page.
3. Select 'My Profile' from the drop-down menu.
4. Click on the 'Nominee' tab on the 'My Profile' page.
5. Click on the 'Add Nominee' button.
6. Enter the details of your nominee, such as name, relationship, age, address, etc. and click on the 'Save' button.
7. You will receive an email with a link to confirm your nominee's details. Click on that link and confirm your nominee's details.
8. Once confirmed, your nominee's details will be added to your Zerodha account.

To transfer unused funds from Zerodha to your bank account, follow these steps:

1. Log in to your Zerodha account.
2. Click on the "Funds" tab.
3. Select "Payouts" and then "Request payout."
4. Enter the amount you wish to withdraw and click on "Add new bank" to link your bank account if you haven't already done so.
5. Click on "Submit" to initiate the payout request.
6. The funds should be credited to your linked bank account within 24 hours.

Note that Zerodha may charge a nominal fee for the payout depending on the mode of transfer you choose. Additionally, you can only withdraw funds that are in your "available balance" and not the "collateral margin" used for trading purposes.

Zerodha is a leading discount brokerage firm in India that offers online trading and investment services across various segments, including:

• stocks
• mutual funds
• commodities
• bonds and currency derivatives

They also provide other services such as research and analytics, educational resources, and investment tools.

To open an account with Zerodha, you can follow these steps:

1. Visit the Zerodha website.
2. Click on the "Open an account" button.
3. Fill in your personal and financial details in the account opening form.
4. Upload your PAN card and bank statement as required.
5. Complete the e-signature process.

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