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How to Open Best Demat Account in India Online? - ₹ 0 Brokerage Demat Account कैसे खोलें? - YouTube
Channel: Asset Yogi
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Namaskar, my name is Mukul, and welcome to Asset Yogi.
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Guys we discussed about D-mat account in our previous video.
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If we want to invest in shares then it's very important to open a D-mat and trading account
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We also discussed the difference between D-mat and trading account in that video
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If you haven't watched that video
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then do watch it you'll get the link in the description
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We also discussed in that video
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about where should we open a D-mat account and what all parameters to check.
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After watching that video, many people had this query
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And asked me to make a step-by-step process on how to open an account in Zerodha.
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Zerodha is a discount broker where brokerage charge is less
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And I can understand that while opening the D-mat account for the first time,
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we're afraid of doing any mistake, will the money be safe there
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I also felt the same while opening my D-mat account for the first time 11-12 years back
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But in this video, we'll see the whole process step by step
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about how to open an account in Zerodha.
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We'll see both online as well as offline processes in this video.
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In offline account, you have to print all the forms
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and courier them to the Zerodha office.
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We'll also see where to courier it
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Now if we talk about the online account, the process is changed a bit.
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Now the linking of Aadhaar is through Digilocker.
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Digilocker is a government website where your Aadhaar number is reflected
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That's an easy process and we'll talk about it during this video
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It hardly takes 1 minute to sign in to Digilocker.
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I'll show you the whole process live and we're going to open an actual account
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Also, we'll discuss all the possible problems which can occur during this process
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For opening an account in Zerodha, prepare 2-3 things in advance.
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Keep a cancelled cheque or latest bank statement
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with the clearly mentioned account number, MICR, and IFSC code.
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You have to submit this as bank proof.
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The bank account which you want to attach with your D-mat account,
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you can keep a scanned copy of its cancelled cheque or latest bank statement.
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Besides this, if you want to trade in Future & options or commodities,
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Then you have to submit income proof.
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In that, either you can give last 6 months bank statement
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or salary slip which should be signed and stamped by your employer
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or you can submit the acknowledgement of the latest income tax returns
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you can also submit form 16 given by your employer.
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All these acceptable documents are also displayed on your screen.
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Once you prepared all these documents,
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Do your signature on plain paper
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because specimen signature is required and scan it too.
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After completing all these documents, you've to go online.
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As I showed you in the previous video also,
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you can click on the link given in the description or comment section
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After clicking on that link, you'll see this Zerodha window on your screen
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And here you've to fill in your full name, mobile number, and email.
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While filling in these details,
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remember that you don't have to use the same mobile number Or email id which you used before here
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Many people have this query that their mobile number Or email is not getting accepted here
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So if you used it before, then it would not be accepted
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That's why you have to fill fresh email or number.
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After this, either you can choose call me back option
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In this, Zerodha's team will guide you on the phone
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But since we're watching that process here, online as well as offline
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so in this case, you can select "continue to signup"
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I already filled in my details and clicked on it.
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You'll now see this window, open your Zerodha account
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And a verification link will be sent to your email.
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I got this link on my email so let me click on it.
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So here you have to set a password, let me set it.
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I've filled in the password and now I'll click on continue.
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Now you have to fill your PAN, let me do that
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After this, you've to fill in the date of birth according to your pan
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Once you filled all these, click on confirm and let's continue it.
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So now this window will get opened.
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I am explaining you this process on desktop,
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so you can either do this process on desktop or mobile phone
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The process is same in both.
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Now you've to do the payment.
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If you want to trade in equity & currency,
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means if you want to invest in shares and currency,
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Then you have to pay only Rs.300 but if in future, you also want to trade in the commodity,
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Then you've to pay Rs.200 extra.
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I would recommend paying Rs.500 together because it's not that big amount
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And you'll have an option in the future for trading in commodities.
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Here, you're getting options to pay through google pay, net banking, or cards
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So I'm selecting net banking or cards option
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Let's pay and continue.
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Now we're getting card, net banking, or wallet options.
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I am selecting the card option.
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So I think it's taking us to the next window.
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And the payment is done. Congratulations Mukul.
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And now I have to put my bank details here.
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So I already kept all these ready.
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Let's fill IFSC here.
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And after filling the IFSC code, it will automatically take MICR
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and I also filled my bank account number
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Here we've to fill in some background information, so enter all that here.
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After this, you'll fill in the rest of your details
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Marital status, occupation, trading experience, and your annual income.
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Are you politically exposed?
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If you're into politics then you can enter 'Yes'. I'll enter 'No' here.
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After this, scroll down.
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So you can read all this. Let me tick all these boxes and then click on continue.
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After this, you have to create your Digilocker account. It's very easy.
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Now linking of Aadhaar is done through Digilocker
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You don't have to do much. Just click on this link
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Enter your mobile number and you'll get an OTP
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Enter that OTP and after that, enter your Aadhaar
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And your account will get created.
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You will see this interface. I had already linked it.
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So now your Aadhaar will start reflecting in issued documents.
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Now let's get back to Zerodha window
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Here we'll click all this. Already have a Digilocker account, Aadhaar is linked
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Click on it.
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Link your Digilocker with Zerodha
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So here is your account and let me fill in my username and password
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which I used in Digilocker and now allow this and click on 'sign in'
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So once I signed in, this window is opened and I clicked on share and stay locked in.
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Now click on 'link your Digilocker with Zerodha'
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After waiting for a while, you'll see this window with all your details written
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Fill in all these details again as I'm doing
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Scroll down and fill in some more details which we entered before also
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Bank account and background info
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On filling IFSC code, you'll see MICR
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Now let me fill bank account number
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Now scroll down and fill in the remaining details.
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Fill annual income, occupation, experience, politically exposed
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If you are in politics then select 'Yes' but I'll select 'No'
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Fill in the remaining details.
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You can click all these, read all in detail and then click on continue.
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Now you will see an OTP like I've got 9133 and now you have 2 options
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Either you can write this OTP on plain paper and stand in front of your webcam
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if you're doing it on your desktop or you can show your mobile
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Or if you're opening account on your phone, then you can write on paper and show it like this
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This is in-person verification.
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Let's click on 'Start IPV'
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So I have written this OTP on a paper and click on 'Take video'
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I think it's clearly visible so let's click on 'Save IPV'
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Are you sure?
Ok
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So now you'll get a window like this and here we have 2 options
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Either we can print these forms,
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we have equity and commodity forms because I subscribed for both.
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Print these, sign them, and courier these forms.
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This was the offline method.
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2nd option is, if your Aadhaar is linked to your mobile,
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then you can wait for OTP and click on it
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Since mine is linked, so I will click on continue
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And here I have to fill in bank proofs and income proofs about which I told you before
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So here I attached bank proof. Scroll down and in income proof, I'll select my ITR.
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And after income proof, I'll add my current signature about which I told you to do on a white paper.
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Let's select that file
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Besides this, it's asking for my PAN copy so let's attach that also
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When I was attaching PAN copy, it was not accepting PDF so keep that in mind
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It asks for a password in PDF file so store your PAN in JPG format
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So I uploaded the JPG file because it is accepting it as a picture.
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Now let's move on
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Here we're asked to e-sign equity and commodity
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Let's do e-sign for equity first,
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You can select email verification code and continue
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Now let me check the security code I received in my email
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I've got this code so I'll copy it and paste it there
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Submit and let's see which window opens.
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Complete your profile, select 'I agree', and proceed to esign
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Now it will ask for your Aadhaar number and after filling that,
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check this box and click on 'Request OTP'
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I'll first type my Aadhaar number here.
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Check this box and request for OTP
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If you didn't received the OTP at once as I didn't received it, click on 'resend OTP'
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So I received OTP for the second time and now I'll click on 'submit'.
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And after this, esign verification will be done.
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Now I got all these forms which I need to esign
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So click on 'sign now'
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It is asking for Aadhaar number again so I'm entering it once again
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Click on request OTP again and submit it again.
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I think it's happening 2 times so it asks 2 times for OTP
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And our signature is completed and now you can download the forms
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These are the forms you can keep for your records.
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And the process is completed.
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If you go through the offline process, then you have to send these forms to Zerodha
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But in this case, you don't need to send it anywhere because it's already done.
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After this, esign for commodity also has the same process which I'll complete right now.
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So I completed the sign-up process for the commodity as well.
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If you're following the offline process,
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then you have to send all the signed forms to this address
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I think now you might have understood the whole process
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And I tried to answer your maximum questions in this video.
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If you liked this video then press the like button and share it.
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This video will be very helpful for all those who want to open an account in Zerodha
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If you have any suggestions related to this video or channel
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Then do tell us in the comment section and you can also suggest topics for future videos.
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We'll keep this stock investing series going.
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If you haven't subscribed to this channel,
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then please subscribe to it and press the bell icon
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so that you get notifications of our latest videos
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So we'll meet in the next video of this investing series
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Till then keep learning, keep earning, and as always stay happy.
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