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Can I open 2 Demat Account with same Bank Account in India?

Can two Demat Accounts can be opened with the same Bank Account in Zerodha, Upstox, Angel One? How many Demat accounts one person can open with same Bank Account?



There are two answers to this situation- Yes, you can open 2 Demat accounts with the same Bank Account in India only if brokers are different. 

Within the same broker, you can not open 2 Demat accounts with the same Bank account. 

For example, if you are already having a Demat account and want to have another account with the same bank account, then it is not possible. 

If you are opening a new Demat account, then you should consider opening a Demat account from our links. It will be helpful for you with added benefits.

You will be able to get the amazing trading course. It is absolutely free if you open a Demat account from our referral links. Please watch videos for detailed instructions and requirements.

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