Zerodha only broker in India to charge ₹200 to open a demat account; here's why
‘There is an actual cost (KYC, documentation, eSign, human verification, etc.) that is incurred while opening an account. If there was no account opening fee to recover the cost, the business could implicitly be pressured to get a customer to transact to recover that cost,' said Zerodha.
DNA News Desk
0
7
‘There is an actual cost (KYC, documentation, eSign, human verification, etc.) that is incurred while opening an account. If there was no account opening fee to recover the cost, the business could implicitly be pressured to get a customer to transact to recover that cost,' said Zerodha.
