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Can I open two different Demat accounts with one mobile number in Zerodha?

Zerodha Account Opening

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No, you cannot open two different Demat accounts with one mobile number with Zerodha. But you can open another Demat account with any other broker with the same mobile number.

As per SEBI regulations, you cannot open more than one Demat account with the same broker in the same name. Even when you look to open a Demat account for another person with the same broker, you cannot provide the same mobile number registered for any of the existing Zerodha accounts.

As per recent NSE guidelines, every client registered with a broker should have a different mobile number.

 

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