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

Angel Broking Account Opening

Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.

Yes, you can have as many demat accounts as you want with Angel Broking 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 Broking and another with Sharekhan.

Number of Demat & Trading Account with a Broker

Customer Name

Broker

Demat Account

Trading Account

Deepak Kumar

Angel Broking

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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