Absolutely, you can open two or more demat accounts with one single bank account. You can, later on, add other bank accounts to your demat account as per your requirements.

There are two ways through which you can add Nifty 50 stocks in Zerodha Kite. The first is by adding them one by one and the second is by investing in Mutual funds.

In-Person Verification, or IPV, is the process of re-validating the KYC info you submitted. This can be done either by physically visiting the broker's office or can be done online.

Demat accounts are not completely free in India. They come with different charges that are charged by the broker or Depository Participants (DPs). These charges vary from broker to broker and are charged quarterly or annually.

No, a demat account is not required for bonds. One can buy bonds from banks, bond dealers, or post offices. However, demat is necessary in order to purchase bonds from the secondary market.

Yes, a demat account is completely safe if it is opened with a SEBI registered broker. This is because all SEBI registered brokers are regulated and monitored by SEBI.

Yes, you can open two demat accounts with different brokers. But, you must strictly adhere to the KYC requirements, which include providing a PAN number and providing proof of identity and address as set forth by SEBI, for each account.

Yes, it is completely safe to open an account with a discount broker because all discount brokers are subject to strict regulation and only act as an intermediary. They do not have direct access to any of your investments.

No interest is paid on your Demat Account. Since a demat account is not like a savings or current bank account where you deposit your money. It is used to hold securities in an electronic format.

Absolutely, your Aadhaar card is mandatory to open a Demat account online. Although if you want to open your account without providing Aadhaar, then you'll have to do it through the offline method. Consequently, you will require a valid Aadhaar card to complete your Demat application process

You can open more than one demat account as long as you open them with separate depository participants. It is completely legal to own multiple demat accounts but you cannot have more than one account with a stockbroker.

Many Indian brokers allow you to open your Demat account for free, whereas some charge a nominal fee of Rs 200 to Rs 500. Although there are some recurring charges that you have to bear such as annual maintenance charges, Demat charges, etc.

Yes, you can open a trading and Demat account without an Aadhaar card but it's not possible to do that in the online method. To open your account without an Aadhaar card, you will have to visit the broker's branch and complete the process there.

Yes opening a Demat account in India might be free with some brokers but not all. Apart from the opening charges, a Demat account is not completely free. You will have to pay an Annual Maintenance charge or Demat fee, every year.

DP means Depository Participant and they act as go-betweens for the depository and the traders. It is the first 8 digits of the Demat account number. For more details, you can read through the expanded version.

Yes, a student can open a Demat account. In case of minor student, the student's account is operated by a guardian and if the student is 18 or above, he/she can manage the account independently. Overall, there is no age requirement.

Yes, your Demat account can have joint account holders provided they have been included in your demat account while opening a demat account.

No, a Demat account is not required for investing in mutual funds in India. However, having a demat account can be beneficial for some investors.

Trading Account is used for buying and selling securities while Demat Account is for holding various securities in electronic format.

Annual Maintenance Charge or AMC for a Demat Account is a mandatory fee need to be paid by each investors. In case of a non payment of AMC, your Demat Account will be announced inactive by your DP.