Yes — you can open a trading and demat account with Rupeezy even if you already have one with another broker. There's no restriction on holding accounts with more than one broker at the same time.
Do I need to redo my KYC if I already have an account elsewhere?
Your KYC (PAN, Aadhaar, bank, address proof) is verified centrally through a KYC Registration Agency (KRA), so an existing verified KYC record can speed up your Rupeezy account opening — you'll still complete Rupeezy's own onboarding steps (mobile/email verification, IPV, e-sign).
How do I open my Rupeezy account?
Follow the same online or offline account opening process as any new customer — having an account elsewhere doesn't change the steps.
Things to keep in mind
- Each demat account (with each broker/DP) can carry its own annual maintenance charges — check AMC charges for demat.
- Holdings in your other broker's demat account don't automatically move to Rupeezy — they stay where they are unless you transfer them.