Can I Open Multiple Demat Accounts With Sharekhan?

Last Updated: Mar 19, 2024 Value Broking 1 Mins 1.6K

Yes, it is possible for a trader to open multiple Demat Accounts with Sharekhan. 

Several traders like to enjoy the dual characteristics of a full-service broker and a discount broker. There are various factors that determine the quality of a brokerage firm. 

Some traders like to open separate demat accounts with different brokers capitalizing on the specialization of each as per the brokers’ expertise.

Multiple demat accounts are beneficial only for seasoned and serious traders. Some traders wish to separate their investments based on duration, goals, stock exchange, stock type, etc. Such traders can open multiple demat accounts to store different types of securities, thus, eliminating any confusion and streamlining the process.