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Can I link my bank account to my wife demat account?
Yes, Demat accounts can be held by one, two, or three people at the same time. Once an account is already open, you cannot add another person to it. Your only alternative is to open another demat account.
How do I link my bank account to Zerodha?
How do I add a secondary bank account to my Zerodha account?
- Log in to Console.
- Click on the Accounts tab.
- Click on the Bank tab.
- Click on the add bank account button.
- Enter your bank account details, click on I/ We hereby declare.. then select if you want to receive the OTP on your Email or Phone and click on Send OTP.
Can I apply for IPO through my bank account which not linked to my demat account?
No, not necessarily. You would be provided with DP ID and CLIENT ID of 8 digits each, totaling 16 digits for your Demat Account. Login to Internet banking website of the bank with which you have account. Note, the bank should provide Application Supported by Blocked Amount (ASBA).
Can I use someone else’s bank account for demat account?
Any individual you designate to manage your account by signing a power of attorney can do so on your behalf. More than one person can hold a Demat account at the same time. If you want to have more than one person on a Demat account, you must do so when you open the account.
Can I link joint bank account to demat account?
Yes, you can open a trading and demat account with a joint bank account if the bank account has a signatory method as either or survivor (also known as anyone). If the bank account needs the signature of both the holder to pass the cheque, the first hold name is a must in trading and demat.
Which banks are linked with Zerodha?
Currently, we support HDFC Bank, IndusInd Bank, IDFC FIRST Bank, Yes Bank and Axis Bank for NRE PIS or NRO PIS accounts. If you are choosing to open an NRO non-PIS account , you can link an NRO bank account of any bank.
Which UPI is best for IPO?
View Frequently Asked Questions
| Sr. No. | UPI Apps live on IPO | Handle |
|---|---|---|
| 1 | BHIM Baroda Pay (only Android) | @BARODAMPAY |
| 2 | BHIM RBL Pay (Android & iOS) | @rbl |
| 3 | BHIM (android & iOS) | @upi |
| 4 | BHIM ALLBANK UPI (only Android) | @allbank |
Is demat account compulsory for IPO?
To invest in an IPO, you need a demat account. Even investors who don’t have a demat account are finding ways to bet on the Reliance Power mega issue.
Should I open an account with Zerodha or ICICI Direct?
If you are a regular trader or stock investor then you should open an account with Zerodha otherwise you would end up paying all your profits as brokerage charges. ICICI Direct offers a 3-in-1 (trading + Demat + savings) account, for that you need to have a savings account with ICICI Bank.
Which bank accounts can I link to my Zerodha trading account?
An NRE or NRO bank account may be linked to your trading account. Currently, at Zerodha, we support HDFC Bank, Axis Bank, and Yes Bank. Please click here to know more.
How to apply for IPOs through Zerodha UPI?
Until now, we asked customers to apply for IPOs using the ASBA (Application Supported by Blocked Amount) from their respective bank’s netbanking portal or by visiting a bank and submitting a physical application with your Zerodha demat account number. SEBI has now made it mandatory for all IPOs to be supported by UPI 2.0.
Can I transfer shares from ICICI Demat to Zerodha Demat?
Sudheendra, yes you can transfer shares from ICICI demat to the new Zerodha demat. You will get a DP ID when you open a Zerodha demat account. You have to mention this in the ICICI delivery instruction booklet, and submit it back to them. Once they receive, they will transfer it to your new Zerodha demat.
https://www.youtube.com/watch?v=0HlLq8DxngQ