Can More Than One Trading Account Be Opened With Zerodha?

No, zerodha’s policy and regulatory rules state that only one trading account be opened from one PAN (Permanent Account Number) with one broker. This means that a person is limited to having a single Zerodha trading account. There is an exception to this rule, though. Even if a person currently has an individual trading account with Zerodha, they are still able to register a new trading and demat account under a different entity, such as a corporation, partnership firm, LLP (Limited Liability Partnership), or HUF (Hindu Undivided Family).

It is important to remember that even if it is acceptable to have numerous trading accounts under various organizations, each trading account must have its own PAN and adhere to all regulatory requirements.