How to open demat account

Re: Can have two different trading and demat accounts with two firms??

hai this is prakash,
U can also open the no of demat accounts, u also open another demat a/c. in Bonazza portfolio, I can charge less brokrage charg t u(0.4) and free life time validity for ur account,Take my contact No-9241266196, cal t know further detail.
Thank for Reg.
Prakash(RM-Bonanza Portfolio ltd,Bnalore)

I think you surely can open no. of demat accounts.

Re: Can have two different trading and demat accounts with two firms??

You can have any number of demat accounts but for IPO purposes you can put in only 1 application per person in the retail category.

can i have two different demat accounts?

what do you mean by different demat accounts ??? please be specific so that i can help u

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Re: Can have two different trading and demat accounts with two firms??

Need not be. There is another legal option,you can apply also along with a relative. An application can have upto 3 names so that is another option. But it would get messy if you have to demat them.

Is it necessary for the person to open trading account with icici if he only wants to open demat account with them?

A trading account comes along with the demat account by default. No need to open separately. Say we can apply thru IPo then it gets credited to the demat without the need for a trading a/c.

i asked because.I am opening an account with angel and the guy said amc charges of approximately 500 would apply.SO i was thinking whether demat can be open with my bank hdfc(as they reverses the charges)and trading i do on angel.

Is that possible?