Yes, Angel One offers joint Demat accounts. You can open a Demat account with up to three holders. This means two or three people, like family members or partners, can invest and manage stocks together in a single account. Joint accounts make it easy to share and control investments without opening separate accounts. It also helps in tracking the portfolio together and makes investing simpler and more transparent.

What Is a Joint Demat Account?

A joint Demat account is an account that two or three people share. All holders can buy, sell, and manage shares using this account. It is useful for families, business partners, or friends who want to invest together. Instead of opening individual accounts, a joint Demat account combines all investments into one, which saves time and effort. Every holder has equal rights to operate the account, making it simple and flexible.

Who Can Open a Joint Demat Account with Angel One?

Any two or three adult Indian residents can open a joint Demat account with Angel One. All account holders must be above 18 years old. Minors cannot be joint holders but can be primary account holders if a guardian opens the account for them. Joint accounts are perfect for spouses, siblings, parents and children, or business partners who want to manage their investments together easily.

What Documents Are Needed to Open a Joint Demat Account?

To open a joint Demat account, each holder needs to submit some basic documents:

• PAN Card of all account holders
• Aadhaar Card linked with mobile number for OTP verification
• Cancelled cheque or bank statement for bank details
• Passport size photograph of each holder
• Income proof if you plan to trade in derivatives

These documents help Angel One verify your identity and link your bank account securely for smooth transactions.

How to Open a Joint Demat Account with Angel One?

Opening a joint Demat account with Angel One is simple and quick. Follow these easy steps:

1. Go to Angel One’s official website and choose 'Open Joint Demat Account.'
2. Fill out the online application form with all account holders' details.
3. Upload all required documents for each holder.
4. Complete e-KYC by verifying Aadhaar via OTP for every holder.
5. Review and submit the application.
6. Angel One will verify your details and activate the joint Demat account.

After activation, all holders can start buying and selling shares through one single account.

What Are the Benefits of a Joint Demat Account?

Joint Demat accounts come with many advantages. Here are some key benefits:

• Easy to manage investments together in one account.
• Reduces the need to maintain multiple accounts.
• Helps family members or partners track their shares in one place.
• Saves paperwork and simplifies tax filing for joint holders.
• All account holders have equal rights and can operate the account smoothly.
• It is cost-effective as you pay fewer charges compared to multiple accounts.

Overall, it is a convenient option for people who want to invest and grow their money together with ease.