Short answer

You can now open a secondary demat account with Arrow to separate your long-term investments from short-term trades, alongside your primary account to manage investments better and plan taxes more efficiently.

To open a demat account when a trading account already exists, courier the demat application form (PDF) to iRage. The demat account will be opened only if the client is KYC compliant. Non-KYC-compliant clients must courier the KYC form (PDF) and the demat application form.

If a trading account was opened earlier where the equity segment was not enabled, courier the segment addition form (PDF) and the demat application.

Courier the forms to the following address:

iRage #192A 4th Floor, Kalyani Vista, 3rd Main Road JP Nagar 4th Phase Bengaluru - 560076

Once the form is received, the demat account will be opened within 72 working hours.

Broker details

iRage Broking Services LLP (SEBI registration INZ000011262), product name Arrow. Registered office: Gift City, Gandhinagar.