[Resolved] Zerodha — no refund on account opening fees

Nilesh Siruka

from Surendranagar, Gujarat

Address:

Ahmedabad, Gujarat, 380058

At time of account opening their representative told that there is no need to send any documents and after opening there asking to send poa sign for which costs me additionally. So decided that not want to be with zerodha. So asking for refund.

At time of account opening commitment and after account opening commitment different. I have paid 300 inr to zerodha.
They asking for signed poa form to bangalore which will coast me additionally 100-150 inr which i don't want to spend.

Nilesh siruka
Client id : zn1257
Sirukanilesh. [protected]@gmail.com
[protected]
Ahmedabad

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Mar 9, 2019

Complaint marked as Resolved

Zerodha customer support has been notified about the posted complaint.

Verified Support

Feb 04, 2019

Zerodha Customer Care's response Dear Nilesh,

It is not mandatory to submit your PoA. You can still trade equity intraday and derivatives. However, if you want to buy shares for delivery, you will have to submit your PoA.

If the PoA is not submitted, you will be able to buy shares, but you won't be able to view them in your holdings.