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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.