Can I have more than one Demat Account with Geojit in same name?

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Are you a day trader?

Yes, you can have multiple demat accounts with geojit on your name. There is no limit on the number of the demat accounts in the same name with a broker.

But there is a limit on the number of trading account with the same broker. One individual (unique PAN Number) can have only 1 trading account with a stockbroker. i.e. You could open only 1 trading account on your name with Geojit. But you could open multiple trading accounts by choosing different brokers i.e. one with Geojit and another with Zerodha.

Multiple Demat & Trading Account with a Broker

Customer Name

Broker

Demat Account

Trading Account

Sandeep Singh

Geojit

Demat 1 to x

Trading 1

Sandeep Singh

Upstox

Demat 1 to x

Trading 2

Rajesh Bahal

HDFC

Demat 1 to x

Trading 1

Rajesh Bahal

Zerodha

Demat 1 to x

Trading 2



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