Is it possible to have more than one DEMAT account?

to buy and sell shares and for investments

Not possible legally.

There are 55,000 multiple demat accounts with depository participants. There are ways you can do it.

Legally speaking of course it is possible....

You can not have 2 demat accounts with the same DP (Depository Participant)

But you can have number of accounts with various DPs

For example... you can have ONLY 1 DP account with, say Angel Broking.

But you can have 1 with AB, 1 with India Bulls, 1 with Reliance Money, 1 with Motilal Oswal, 1 with ICICI direct, and 1 with various other......

And it is perfectly legal

Yes you can have more than one demat account in your name.

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