Can anybody have more than one demat account in his name?
prabodh kumar patel (advocate) 26 October 2008
Can anybody have more than one demat account in his name?
Shree. ( Advocate.) 29 October 2008
Dear patel,
Yes, u can open any no of demat a/c's , a demat a/c is just like a Bank a/c. You just will have to fullfill the KYC(know ur customer) norms of the bank.
prabodh kumar patel (advocate) 29 October 2008
Thanks
Debjyoti Gupta (Proprietor) 17 March 2010
A person can have one demat account in his own name in a particular DP but he may have one demat account in multiple DP