You can now open a secondary demat account with Zerodha to separate your long-term investments from short-term trades, alongside your primary account to manage investments better and plan taxes more efficiently.
To open a demat account when a trading account already exists, courier the demat application form (PDF) to Zerodha. The demat account will be opened only if the client is KYC compliant. Non-KYC-compliant clients must courier the KYC form (PDF) and the demat application form.
If a trading account was opened earlier where the equity segment was not enabled, courier the segment addition form (PDF) and the demat application.
Courier the forms to the following address:
Zerodha Customer Support Centre
#192A, 4th Floor, Kalyani Vista
3rd Main Road, JP Nagar 4th Phase
Bengaluru 560076
Once the form is received, the demat account will be opened within 72 working hours.