1.) If Person A and B each have an individual demat account with zerodha, then can A and B open a Joint demat account with zerodha.
2.) If Person A’s individual linked bank account is HDFC, then can the joint demat account also be linked to the same Bank account in HDFC?
Yes, they can open a joint demat account. However, the joint demat account will be mapped to the first holder’s trading account. For example, if Person A and Person B open a joint demat account where Person A is the first holder and Person B is the second holder, the account will be mapped to Person A’s trading account.
Yes, you can.
1.) To clarify, First holder’s trading account will be linked to 2 demat accounts? (individual and joint)
2.) If the joint demat account will be mapped to the first holder’s trading account, then how does one choose which demat account the shares bought from A’s trading account will be credited to: A’s individual demat or the joint demat? @Kalpesh @ShubhS9
You can have two demat account (individual and joint) but you can map only one demat account with trading account. Kite will display only holdings in the demat account linked to the trading account. Holdings for both the demat accounts can be viewed on Console.
If you want to change the mapping, you will have to create a ticket.
you can refer to this article for more detail.