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Can I have more than one Demat Account with Angel One in same name and PAN number?

Angel One Account Opening

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Yes, you can have as many demat accounts as you want with Angel One on your name. There is no restriction on the number of the demat accounts in the same name with a broker.

But note that there is a restriction on the number of trading account with a broker. One individual (by unique PAN Number) can open only 1 trading account with a particular stockbroker. But you could open multiple trading accounts by choosing different brokers i.e. one with Angel One and another with Sharekhan.

Number of Demat & Trading Account with a Broker

Customer Name

Broker

Demat Account

Trading Account

Deepak Kumar

Angel One

Demat 1 to x

Trading 1

Deepak Kumar

Zerodha

Demat 1 to x

Trading 2

Rajveer Singh

Sharekhan

Demat 1 to x

Trading 1

Rajveer Singh

ICICI Direct

Demat 1 to x

Trading 2

 

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