Short answer

Yes, iRage offers multiple demat account options:

Primary individual demat account: This is your main demat account linked to your trading account. You can open a Arrow account online for free if your mobile number is linked with Aadhaar.

Secondary demat account: You can open a secondary demat account alongside your existing primary account. This secondary demat account helps you separate long-term investments from short-term trades, improve tax planning through better FIFO (First In, First Out) management, and organise your portfolio more effectively.

Joint demat account: You can open a joint demat account in addition to your individual demat account. The primary purpose of opening a joint demat account is to dematerialise jointly held physical shares, as these cannot be dematerialised into an individual account.

You cannot open a secondary demat account if you already have an individual demat account and a joint demat account with Arrow.

Broker details

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