Zerodha Coupon Code 2021 – BY5166 – Get 300 Reward Points

Looking for the Zerodha Coupon Code? You are on the right page at the moment, and in this post, I will tell you everything you need to know about Zerodha and the Zerodha account opening coupon code. 

Zerodha is currently one of the finest discount brokers, and the platform is equally good for beginners and experts. Reading this post till the end will give you good clarity about this platform.

Zerodha Coupon Code

Zerodha Coupon Code

The Zerodha Coupon Code is BY5166. Sign up with this coupon code BY5166 and the code will be automatically applied.


By using our link you can get free 300 reward points. You can redeem the points on various offers from Zerodha’s partners such as Quicko, Smallcase, LearnApp, Streak, Sensibull, and Zerodha itself to renew the demat account.

How to claim the Zerodha deal

Now that you know that there is no Zerodha Promo Code and you can still earn 300 reward points signing up with Zerodha to spend on different Zerodha and its partners’ services, it’s time for you to know how you can signup and claim the deal. 


Before you can proceed with the signup, I suggest you have the following documents handy: 

  • Pan Card
  • Aadhaar Card
  • Mobile Number linked to Aadhaar card
  • Canceled Check/Bank Statement
  • Photo/Signature Scanned copy
  • Signup with DigiLocker and link your Aadhaar card to it.

Besides, if you face any difficulty during the signup process, you can contact the Zerodha support team at 080 47192020 / 080 71175337 to guide you.

Step 1: Enter Mobile linked with Aadhar and Confirm with OTP

You can begin by clicking on our link and entering your mobile number in the Sign-Up box. The deal will be automatically applied on signup. After you hit the Continue button, you will be asked to enter the OTP sent to your mobile number and Confirm.

Step 2: Pay the Zerodha Account Opening charges

In the next screen, you will need to pay the Zerodha Account Opening Fee, which is Rs 300 for Equity and Currency, and if you include the Commodity section, that will amount to Rs 500. After that, you will have to fill in your PAN, Bank Account, and Personal Details. You can pay using your Card, Net Banking or Wallet. 

Step 3: IPV or Zerodha In-Person Verification

For In-Person Verification, you have to turn on your webcam and enter your mobile number in the Enter Your Mobile Number for IPV. After you receive your OTP, you have to write it in big letters on a piece of paper and hold the paper, click on Start IPV. Besides, you will have to fill in a few more details.

Step 4: Upload Documents

You need to upload the scanned copies of your Bank Proof, your Signature, and PAN at this stage. If you want to trade in F&O Segment, you will need to upload your Income proof.

Step 5: eSign Application Form

Now, you will be presented with the options to eSign the Application Form, and you can eSign using your Aadhaar card. You can proceed further by clicking on the eSign Equity Button. Next, you can enter the security code which was sent to your mobile number or email address. After that, you could hit the Submit button. 

With this, the Sign Up process is completed, and your account will be activated in 24 to 48 hours. Once it gets activated, you will receive an email with your login credentials.

Reasons to choose Zerodha.

There are just so many reasons for choosing Zerodha. The company started back in 2010, and it wouldn’t be wrong to say that this discount broker has revolutionized the entire industry. Most importantly, Zerodha has made trading and investment ridiculously simple for all levels of users. 


Zerodha has the lowest brokerage and annual fee.

Zerodha is pretty affordable, and the platform charges just Rs 20 per executed order on intraday. The broker doesn’t charge anything on delivery. As far as the annual account maintenance-free goes, it charges only Rs 300 per year.

Zerodha Pricing

Zerodha comes with excellent Leverage. 

Zerodha provides you with good leverage to buy or short sell more volume of stocks than you can afford. However, according to the recent mandate by SEBI, clients need to pay an upfront margin of 20% of the total stock value to avail of this feature.

Zerodha comes with advanced charting and 100+ technical indicators.

Once you are on the Zerodha, you no longer have to rely on others for technical analysis since the platform gives you everything you need for technical analysis. It starts right from real-time Candlestick charts to over 100 technical analyses. 

Of course, if you are a complete beginner, you will have to learn a bit, but you could get the hang of it in just one to two months. However, once you learn technical analysis, you can hardly go wrong with your trade.

Zerodha comes with multiple timeframes & different order types.

Just as pointed above, Zerodha is a platform for types of users, be it a trader or investor. The platform has different timeframes and order types. For example, if you are an aggressive trader, you can monitor every minute change in price and volume using a 1-minute timeframe. However, 5 min and 10 min timeframes are considered the ideal time frames for intraday.

Zerodha has compatibility with all the device platforms.

Zerodha has the best apps on all device platforms, including Android and iOS. The apps work equally good, and most importantly, charts and indicators work seamlessly on all the device platforms. That helps you trade on the go from anywhere.

Zerodha comes with enhanced security.

On the Zerodha platform, you will have no headache about security since the platform comes with two-factor authentication. Further, it allows you to use Authy or Google Authenticator for exceptionally robust security.

Wrapping Up

Even though there is no Zerodha discount coupon, you can have 300 points right away as you sign up using our link. Zerodha is a great trading platform and on top of that, getting 300 points is one hell of a deal. You can redeem it for availing of any of the Zerodha services or its partners’ services.

Most importantly, trading on the Zerodha platform will offer you an excellent experience altogether with the most advanced charting and technical indicators. Whether you are a user on PC, Android, or IOS, Zerodha has the best app on all the platforms. Besides, Zerodha offers users a lot of space to learn, and if you are a beginner, you can learn a lot from Zerodha’s Varsity.

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