Demat Account related FAQs

How much Demat accounts can I add to my trading account?

Stock brokers in India allow you to link up to five Demat Accounts to a trading account. Important to note that each demat account must have your name as the primary account holder.
Notice:
A person can only have one PAN number.
A person can open as many Demat accounts as he likes.
A person can open multiple trading accounts with different brokers
A person can only open one trading account with a broker. This means that you can only open one trading account with a broker. In Sharekhan, you cannot open two trading accounts for the same person.

Using the Power of Attorney, could a broker withdraw money from my linked bank account?

If I do not give Power of Attorney , will I be able to use broker Pool Demat account to keep my share?

Can someone trade in F&O without Power of Attorney in their Demat account?

Can I trade if my signed Power of Attorney is still in courier?

How do I receive dividends to the bank and not a cheque? Is it possible to apply online?

Can I add multiple people to my Demat account?

Why a Demat account is needed?

Does investing in SIP requires a Demat account?

Differentiate between NSDL & CDSL?

Does CDSL Easiest facility offered by any broker?

Can shares be transferred from CDSL to NSDL demat account?

What will happen if AMC for a Demat account is not paid?

Is PAN card mandatory to open a Demat account?

Can a PAN Card issued to one year old child Or Is there any age limit ?

FAQ Categories

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