I have demate account and I want to add name of my father in the same demate account.
Is it possible?
6 Replies
Rushikesh
(Chartered Accountant - Manager Finance)
(2375 Points)
Replied 18 August 2008
Yes, you can have a joint account for Demat
Rushikesh
(Chartered Accountant - Manager Finance)
(2375 Points)
Replied 18 August 2008
or you can give the relevant authorities to your dad, with a letter of authorization
CA Kamal Jhawar
(service)
(46 Points)
Replied 18 August 2008
wel pratik....i think rushikesh had solve ur problem....
Amresh Choudhary
(M.Sc. (Maths) MBA LLB (DU))
(694 Points)
Replied 20 August 2008
there is form for addation of another name in your demat account, fill it and submit, they will change your status
Pratik K
(Student)
(3406 Points)
Replied 21 August 2008
what i found that u can only add nomination name or can edit itafter openning an account.
But once u opened account then you will only be allowed to remove the one of the holders name only in case of Death or Unsoundness declared.And that will also required approval for the same.
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