Can I open more than one demat account with ArihantPlus?


Yes, Arihant Plus offers different types of demat accounts to suit your needs: 


  • Primary individual demat account: This is your main demat account, linked to your trading account. You can open it online quickly and easily if your mobile number is linked with your Aadhaar. 
  • Secondary demat account: You can also open a second demat account in addition to your primary one. This is great if you want to separate long-term investments from short-term trades, manage your taxes better using FIFO (First In, First Out), or simply organise your portfolio more efficiently. 
  • Joint demat account: If you hold shares jointly with someone else, you can open a joint demat account. This type of account is mainly used to dematerialize jointly held physical shares, which can’t be converted into an individual account. 


However, if you already have an individual demat account and a joint demat account with Arihant Plus, you won’t be able to open a secondary demat account.

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