How much Demat accounts can I add to my trading account?
Stock brokers in India allow you to link up to five Demat Accounts to a trading account. Important to note that each demat account must have your name as the primary account holder.
- A person can only have one PAN number.
- A person can open as many Demat accounts as he likes.
- A person can open multiple trading accounts with different brokers
- A person can only open one trading account with a broker. This means that you can only open one trading account with a broker. In Sharekhan, you cannot open two trading accounts for the same person.