I’ve a number of Demat accounts and need to know that may I take advantage of completely different e-mail IDs in several Demat accounts? Will I face any points?
@himudaji Sure, you should use completely different e-mail IDs for demat accounts held with completely different brokers, or the identical e-mail deal with for a number of demat accounts throughout completely different brokers, as there are not any regulatory restrictions on this.
Please rigorously learn my query I requested can I take advantage of completely different e-mail ids in several brokers. @nithin_kumrr
@himudaji My unhealthy. I’ve edited the response, please examine.
Doesn’t matter so long as emails are energetic and also you’re in a position to handle all of the emails and demat accounts. It’s possible you’ll do it.
Don’t you assume KYC will placed on maintain if e-mail ids are completely different ?
Hello @Non-public , KRA triggers verification for contact particulars. Offered that these particulars are verified, purchasers are permitted to commerce. Defined right here
So If Particular person use completely different e-mail ids for various brokers. KRA KYC will solely have one e-mail id and dealer with different e-mail id will put account on maintain.
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Similar query of mine. @nithin_kumrr @ShubhS9
I even have this doubt. If we use a number of emails in several demats then which e-mail might be registered within the kra and what’s going to occur to that demats the place different emails are registered. Please inform me sir @nithin @moderators
Think about you’ve gotten accounts with three brokers (A, B, and C) and have registered completely different e-mail IDs with every:
Dealer A – Registered with E1@gmail.com (Opened account on Jan 1st, 2021)
Dealer B – Registered with E2@gmail.com (Opened account on Jan 1st, 2022)
Dealer C – Registered with E3@gmail.com (Opened account on Jan 1st, 2023)
For the reason that newest e-mail ID you up to date was E3@gmail.com with Dealer C, this ought to be the e-mail mirrored in your KRA (KYC Registration Company) profile.
If you happen to replace your e-mail with Dealer B to E4@gmail.com on Might 1, 2023, KRA will substitute the e-mail on file with E4@gmail.com as the newest replace.
For the reason that e-mail is now modified, KRA initiates a verification course of by sending a affirmation e-mail to the up to date deal with. You even have the choice to confirm the e-mail immediately on the KRA’s portal. When you full this verification, KRA will mark your account as verified, and the replace course of might be accomplished.
This ensures that the newest e-mail in your KRA profile is each up to date and verified.
It’s vital to notice that these modifications have an effect on solely your KRA profile and don’t replace the e-mail throughout all of your dealer accounts. Every dealer will proceed utilizing the e-mail ID registered immediately with them except you replace it individually.
Hope this clarifies.
Alwin:
Every dealer will proceed utilizing the e-mail ID registered immediately with them except you replace it individually.
Thanks for the affirmation @Alwin . However I need to know if I proceed utilizing previous emails aside from the registered one in Kra with the brokers then I might be requested by brokers to replace the identical e-mail which is registered in KRA? Will I face any concern if I take advantage of completely different e-mail id’s in several demat accounts of mine.
Suppose
In zerodha I opened account in 2020 and used e-mail for instance xyz123 @ gmail . com
In dhan I opened account in 2023 and used e-mail for instance abc456 @ gmail . com
In groww I opened account in 2024 and used e-mail for instance vyz729 @ gmail . com
Then in KRA vyz729 @ gmail . com might be up to date. However my query is will zerodha requested me to replace the e-mail which is registered latestly in KRA?
@Alwin
I imply is it needed to make use of similar e-mail which is registered with KRA in all of the demats?
Prabhaji:
I imply is it needed to make use of similar e-mail which is registered with KRA in all of the demats?
Prabhaji:
Then in KRA vyz729 @ gmail . com might be up to date. However my query is will zerodha requested me to replace the e-mail which is registered latestly in KRA?
No
Prabhaji:
Will I face any concern if I take advantage of completely different e-mail id’s in several demat accounts of mine.
No, As talked about in earlier publish, You should use a number of e-mail IDs throughout a number of brokers/demat accounts.
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