If you are wondering why NSE is disabled for your Zerodha account, it's due to the non-KYC compliance.
Many Zerodha users have lately reported the error, “NSE is disabled for your Zerodha account.” To fix this issue, you must re-submit the KYC details and wait for the account to be reactivated.
It can be highly frustrating, especially when you are trying to place a well-analyzed trade and are being stopped.
NSE is Disabled for Your Zerodha Account: What Causes the Error?
Zerodha stated on its website that an account deactivation causes the error due to KYC non-compliance.
Any user encountering this error gets an email regarding the KYC documents that must be submitted and the necessary steps to follow.
You can reply to the same email to determine why the demat account is deactivated. You must send the required KYC documents to Zerodha to reactivate your demat account.
NSE is Disabled for Your Zerodha Account: How Long Will the Reactivation Take
Here is the problem: Zerodha never mentioned the amount of time the reactivation will take.
You can either wait for the reactivation or switch to any other online broker in case the reactivation is taking too long. There are various good Zerodha alternatives to choose from. However, you need to try and see, which one of these alternatives works the best for you.
You may also like to read: 10 Brokers with the Lowest Brokerage Charages for F&O.
Conclusion
When NSE is disabled for your Zerodha demat account, you cannot place orders, and it can be very frustrating for many traders.
Even though you should receive an email explaining how you can go about it and have your Zerodha demat account reactivated, no one knows how long the reactivation process will take since Zerodha still needs to clarify it.