『Zerodha Referral Code “ZQF906” – Open Free Account for First Year』のカバーアート

Zerodha Referral Code “ZQF906” – Open Free Account for First Year

Zerodha Referral Code “ZQF906” – Open Free Account for First Year

著者： Zerodha Referral Code “ZQF906”
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If you are planning to open a Demat and trading account in India, the Zerodha referral code “ZQF906” may be useful when starting your account-opening process. The offer associated with this code is promoted as a way to open a Zerodha account with no Account Maintenance Charge (AMC) during the first year.

Zerodha has officially introduced zero AMC for the first year on all new resident individual accounts opened from 1 June 2026. This means the first-year AMC benefit is now part of Zerodha's current account pricing for eligible new accounts, rather than being dependent solely on a referral code.

This guide explains how the ZQF906 referral code can be used, what "free account for the first year" means and which charges investors should understand before opening an account.

What Is the Zerodha Referral Code “ZQF906”?

The referral code provided for this offer is:

ZQF906

The offer promotes the code as a way to open a Zerodha account with a free first year.

It is important to understand that Zerodha currently provides free account opening and no AMC for the first year for eligible resident individual accounts opened on or after 1 June 2026. Therefore, the first-year free-account benefit should not necessarily be viewed as an exclusive benefit of ZQF906.

The referral programme itself is active, with Zerodha stating that successful referrals can generate rewards for the referring customer.

What Does “Free Account for the First Year” Mean?

A free Zerodha account generally refers to the absence of account-opening charges and, under the current policy, no AMC during the first year for eligible new resident individual accounts.

Zerodha's current charges page states that individual account opening is free. It also confirms that AMC is free during the first year on new resident individual accounts.

However, having a free account does not mean that every trading transaction is free.

Depending on the type of transaction, investors may still have brokerage, exchange charges, taxes and other applicable statutory costs.

How to Use Zerodha Referral Code “ZQF906”

If you want to use the referral code during your Zerodha account-opening process, follow these general steps.

Step 1: Start Your Zerodha Application

Visit Zerodha's official account-opening page or begin registration through the Kite app.

Zerodha allows eligible resident Indians to complete the account-opening process online.

Step 2: Enter Your Mobile Number

Provide your mobile number and complete the OTP verification.

The account-opening process requires your mobile number and other personal information for verification.

Step 3: Use the Referral Code

If the registration process provides a referral or referral-code field, enter:

ZQF906

Make sure the code is entered correctly before continuing.

Zerodha's official referral system is primarily based around personalised referral links. When an account is opened through an eligible referral link, the referral can automatically be captured by Zerodha.

Step 4: Complete KYC

You will need to provide the required KYC information.

For online account opening, Zerodha lists PAN, Aadhaar linked to a mobile number and bank-account information among the required details. Income proof is required if you want to activate Futures and Options trading.

Step 5: Complete the Digital Signing Process

Follow the on-screen instructions to complete the digital account-opening forms.

Once the required process is completed, Zerodha provides the account credentials and activates the account after the relevant checks.
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  • Zerodha Referral Code “ZQF906” – Open Free Account for 1 Year

    Zerodha Referral Code “ZQF906” – Open Free Account for 1 Year
    2026/08/09

    Opening an account without an account-opening fee does not mean that all trades are free.

    Zerodha currently lists zero brokerage on equity delivery investments. For intraday equity trades, the brokerage is listed as 0.03% or ₹20 per executed order, whichever is lower. Options are charged at a flat ₹20 per executed order.

    Other costs can include Securities Transaction Tax, exchange transaction charges, GST and stamp duty, depending on the transaction.

    Investors should therefore review the current charges before trading.

    Zerodha Referral Programme

    Zerodha's referral programme is currently active.

    According to Zerodha, a successful referral can earn the referrer 10% of the brokerage generated by the referred account, along with 300 reward points. The brokerage-sharing benefit requires at least three successful referrals in the preceding 12 months.

    The reward points can be used for eligible Zerodha services and can also contribute towards AMC payments under the applicable programme rules.

    This referral system is separate from the first-year AMC waiver available to new resident individual accounts.

    Things to Consider Before Opening a Zerodha Account

    Before registering, consider the following:

    Check eligibility: The first-year AMC waiver applies to new resident individual accounts opened from 1 June 2026.

    Review charges: Brokerage may be zero for some investment types, but other transaction and statutory charges can still apply.

    Understand BSDA: Your AMC after the first year may depend on whether your account qualifies for BSDA.

    Check the referral: If you want the referral associated with your application, make sure the code or referral link is captured during registration.

    Review current terms: Promotional and referral programme conditions can change.

    What If ZQF906 Does Not Work?

    If ZQF906 is not accepted during registration, check the code for typing errors.

    It is also worth noting that Zerodha's official referral system uses personalised referral links, which automatically capture referrals when someone opens an account through the relevant link.

    If the referral code is not recognised, check whether the registration page currently supports manual referral-code entry or use the applicable referral link.

    The first-year AMC waiver should still be available to eligible new resident individual accounts under Zerodha's current policy, regardless of whether a specific referral code is accepted.

    Final Thoughts

    The Zerodha referral code “ZQF906” is promoted as an option for opening a Zerodha account with a free first year. Zerodha's current official pricing confirms that new resident individual accounts opened from 1 June 2026 have no AMC for the first year, while account opening itself is free.
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