Can I open more than one demat account with Zerodha?
Yes, you can open more than one DEMAT account with Zerodha, but only under the following cases :
1) You hold physical shares in Joint-name and have an individual Demat account with Zerodha.
2) You have a Joint Demat account with Zerodha but you're holding the physical shares in an individual name.
3) You want to process a closure-cum-transfer from another Broker/DP where you have a joint account but you have an individual Demat account with Zerodha.
4) You want to process a closure-cum-transfer from another Broker/DP where you have an individual account but you have a joint Demat account with Zerodha.
Note: Request to open an additional Demat account can be denied at the discretion of our DP team.