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How many d mat account an investor can have at a time? |
How many d mat account an investor can have at a time? you can have as many dmat accounts as u want there is absolutely no restriction on number of dmat account u can open. but only one account per dmat service provider, for example if u have a dmat account in hdfc band under name of , say, mr s k narula, u cant open second account with same name in hdfc bank. but go ahead and open another dmat account in same name in , say, axis bank I believe you are from India. In India, only one Dmat account is allowed per person. The Dmat A/c number is based on your PAN number which is unique like the Social Security Number in US. It is easily traceable to see if a particular person has more than one Dmat Account. But you know, in India, anything is possible so long as money has long hands and people has no respect for themselves, their country and their laws. in india there is no limit on the number of demat account a person can have. |
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