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Can I open more than one demat account with Zerodha?

We process requests to open more than one demat accounts in the following cases:

  • You hold physical shares in joint-name and have an individual demat account with Zerodha or vice-versa
  • You want to process a closure-cum-transfer from another DP where you have a joint account but you have an individual demat account with Zerodha or vice-versa.
Note: Requests to open additional demat accounts can be denied at the discretion of our DP team.