A Hindu Undivided Family (HUF) account can only be opened offline, unlike resident individual accounts that can be opened online.
The documents required to open a HUF account depend on the KYC status of the HUF. To learn how to check the KYC status, see What is Know Your Customer (KYC), and how can the KYC status be checked?
Table of contents
The table below shows the documents required if the KYC of the HUF is not registered:
The table below shows the documents required if the KYC of the HUF is registered:
The table below shows the additional documents required if the Karta is an NRI:
In-Person verification (IPV) is the process of verifying that the person opening the account and the documents submitted are of the same person. As part of the mandatory IPV requirement for all brokers, Karta must complete the verification.
To complete the IPV online, visit signup.zerodha.com/ipv. A 4-digit OTP is generated and shown on the screen. Clients are required to enable the camera and show the OTP while being clearly visible. To learn how to enable the camera. See, How can the camera be enabled for an in person verification (IPV)?
To complete the IPV offline, the Karta must visit a Zerodha branch office or a representative of Zerodha would be required to visit the offices or residences of the client to complete the IPV procedure.
The account opening charge is ₹500 for equity trading, demat and commodity accounts. Once all documents are prepared, email soft copies of the forms to [email protected]. The forms will undergo review for any necessary corrections. Upon completing the review process, courier the documents and a cheque of ₹500 in favour of Zerodha Broking Limited to:
Zerodha,
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078
It can take upto 72 working hours to open the account. To learn about the applicable charges, see What are the charges applicable to a Hindu Undivided Family (HUF) account? For further assistance, call 080 4680 5727 or create a ticket.
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