Opening a joint Demat account with Angel One is very simple and quick. A joint Demat account allows two or more people to invest and trade together using one account. It is perfect for family members, spouses, or partners who want to manage their investments as a group. By opening a joint account, you can easily share the benefits of investing and grow your money together.

What Is a Joint Demat Account?

A joint Demat account is an account opened by two or more people together. All account holders can buy, sell, and hold shares or mutual funds in the same account. This helps you manage investments easily with your family or friends. Joint accounts are useful to save time, reduce paperwork, and share financial goals.

How to Open a Joint Demat Account with Angel One?

Follow these easy steps to open your joint Demat account with Angel One:

1. Visit the Angel One website or download the Angel One app.
2. Select the option to open a Demat account and choose the “Joint Account” type.
3. Fill in the personal details of all account holders, including names, PAN numbers, and contact details.
4. Upload scanned copies or photos of all required KYC documents like Aadhaar and PAN cards.
5. All holders will receive an OTP on their Aadhaar-linked mobile numbers for identity verification.
6. Complete the e-sign process to submit your application electronically without any physical paperwork.

Once you complete these steps, Angel One will verify your information and activate your joint Demat account quickly.

Documents Required for Joint Demat Account

You need to submit a few important documents for all account holders to open a joint Demat account. These include:

• PAN Card for each holder (mandatory for tax purposes)
• Aadhaar Card linked with your mobile number for OTP verification
• Cancelled cheque or bank statement to link your bank account
• Recent passport size photograph of each holder
• Income proof, only if you want to trade in futures or options (derivatives)

Make sure all documents are clear and valid to avoid delays in account opening.

Who Can Open a Joint Demat Account?

A joint Demat account can be opened by two or more adult individuals. It is often used by:

• Spouses who want to invest together
• Parents and children
• Business partners
• Relatives or friends willing to invest jointly

Minors cannot be joint account holders but can have a guardian operate the account for them in some cases. Always make sure all holders agree to the terms and conditions of the account.

Benefits of Opening Joint Demat Account with Angel One

There are many advantages to opening a joint Demat account with Angel One:

• You can easily manage and track investments together in one place.
• Angel One’s platform is user-friendly and offers quick online account opening.
• It reduces paperwork and simplifies the investment process.
• Joint account holders can trade in stocks, mutual funds, ETFs, and more.
• It helps build trust and cooperation among account holders for better financial planning.
• Customer support is available to help all account holders anytime.

How Long Does It Take to Open a Joint Demat Account?

Once you submit all documents and complete the KYC process, Angel One usually activates your joint Demat account within 1 to 2 working days. You will receive your login details and can start investing right away.

Angel One offers digital KYC and e-sign facilities, making the process paperless and faster compared to traditional methods. If you need help at any stage, their customer support team is ready to assist you by phone or chat.