How Many Demat Account One Can Open?
The Securities and Exchange Board of India (SEBI) does not place any restrictions on the opening of numerous Demat accounts in India.
You are allowed to have an unlimited number of Demat accounts in India. Nevertheless, depending on your investment portfolio, it is preferable to combine them into 2 or 3 accounts for smooth transactions and simple maintenance.
Example:
You can maintain separate accounts for trading and investing.
As per NSE data, Zerodha is the #1 discount brokers and Angel One is the #1 full-service broker. You can use Angel One for all your investments need and Zerodha for trading activity.
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