Yes, you can open a joint Demat account with Angel One. A joint Demat account allows two or more people to hold and manage their shares and investments together. It’s perfect for family members, business partners, or friends who want to invest as a team. Angel One makes it easy and safe to open this account online with simple steps and minimal paperwork.

What Is a Joint Demat Account?

A joint Demat account is an account held by two or more people who want to keep their shares and investments together. Everyone in the account can buy, sell, and manage investments. This type of account is useful for families or business partners who want to invest collectively and make decisions together easily.

How to Open a Joint Demat Account with Angel One?

To open a joint Demat account with Angel One, follow these simple steps:

• Visit Angel One’s official website or use their mobile app.
• Choose the option to open a Demat account and select “Joint Account.”
• Fill in the details of all account holders, like name, PAN, and contact information.
• Upload the required documents for all holders (Aadhaar, PAN, photos, bank proof).
• Complete the e-KYC and e-sign process online.
• Submit the form and wait for account approval.

Once approved, your joint Demat account will be ready to use for trading and investing.

Documents Required to Open a Joint Demat Account

Every account holder must provide:

• PAN Card: For tax and identity proof.
• Aadhaar Card: To verify address and identity.
• Passport-sized Photograph: Recent photos of all holders.
• Cancelled Cheque or Bank Statement: To link your bank account for transactions.
• Income Proof: Needed if you want to trade in derivatives (like salary slips or bank statements).

Who Can Open a Joint Demat Account?

A joint Demat account can be opened by two or more adults who want to invest together. This includes:

• Family members like spouses, parents, and children above 18 years.
• Business partners who want to manage investments jointly.
• Friends or associates interested in collective investing.

Minors cannot be joint account holders, but a guardian can operate an account on their behalf if needed.

Benefits of Opening a Joint Demat Account with Angel One

Opening a joint Demat account with Angel One offers many advantages:

• Easy and quick online account opening with minimal paperwork.
• Shared management of investments helps in better decision-making.
• Lower costs as expenses are shared between account holders.
• Transparent and secure transactions with Angel One’s trusted platform.
• Access to Angel One’s advanced trading tools and expert support.

This makes investing convenient and cost-effective for groups who want to grow their wealth together.

Is It Safe to Open a Joint Demat Account Online?

Yes, opening a joint Demat account online with Angel One is very safe. They use advanced security measures to protect your personal and financial information. The entire process is regulated by SEBI (Securities and Exchange Board of India) and NSDL/CDSL (the main depositories in India). Your data is encrypted, and the platform requires multiple steps of verification, so your investments are secure.

You can track and manage your joint Demat account anytime, anywhere with their mobile app or website, making it a convenient and secure way to invest together.