ForumCategory: Dematerialization Of SharesHow many Demat accounts one can have in India?



How many Demat accounts one can have in India?Shares Recovery India Staff asked 5 months ago

1 Answers



Best Answer

How many Demat accounts one can have in India?Pravin Poloju Staff answered 5 months ago
You can have multiple demat accounts with multiple stock broker companies but, as demat accounts are opened using PAN details, one can only have one demat account with one stock broker company. It is safe to have multiple demat accounts for multiple investments, because a company itself cannot expect for any fraud or theft.