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prabodh kumar patel (advocate)     26 October 2008

Demat Account

Can anybody have more than one demat account in his name?



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 3 Replies

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


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