How to Check How Many Demat Accounts You Have (Simple Ways)

It’s more common than people think—over time, you might open multiple demat accounts with different brokers and then forget about them. Later, this creates confusion, especially during tax filing or portfolio tracking.

The good thing is, there are clear ways to find out exactly how many demat accounts are linked to your name/PAN.

Why You Should Check Your Demat Accounts

Before jumping into the steps, it’s worth knowing why this matters:

• Avoid paying unnecessary annual maintenance charges (AMC)
• Track all your investments in one place
• Prevent misuse or inactive accounts
• Keep your financial records clean

Method 1: Check Using Consolidated Account Statement (CAS)

This is the easiest and most reliable method.

CAS is issued by depositories like:

• Central Depository Services Limited
• National Securities Depository Limited

Steps:

1. Go to NSDL or CDSL CAS request page
2. Enter your PAN number
3. Enter registered email ID
4. Verify using OTP
5. Download CAS statement

This statement shows:

• All demat accounts linked to your PAN
• Holdings across accounts
• Mutual fund investments

Method 2: Check Your Email Inbox

Whenever you open a demat account, you receive:

• Welcome email from broker
• Account details (DP ID, Client ID)

What to Do:

Search keywords like:

• “Demat Account”
• “CDSL”
• “NSDL”
• Broker names like Zerodha, Upstox, etc.

You may find forgotten accounts easily.

Method 3: Check Through Depository Portals

You can also register directly with depositories.

For CDSL:

• Use Easi / Easiest facility
• View linked holdings

For NSDL:

• Use IDeAS facility

These platforms show details of your demat account and holdings.

Method 4: Check with Your Brokers

If you remember brokers you used, log in to their platforms.

Popular brokers include:

• Zerodha
• Upstox
• Angel One

Check:

• Active accounts
• Portfolio section
• Account profile

Method 5: Use PAN-Based KYC Records

Your demat accounts are linked to your PAN.

You can:

• Check KYC status through financial portals
• Contact your DP (Depository Participant)
• Request account details using PAN

What Information You Will Get

When you check properly, you’ll find:

• Number of demat accounts
• DP ID and Client ID
• Broker names
• Status (active/inactive)
• Holdings in each account

What to Do If You Find Multiple Accounts

Finding multiple accounts is normal. But you should manage them properly.

Option 1: Keep Them Active

If you use them for different purposes.

Option 2: Close Unused Accounts

To avoid AMC charges.

Option 3: Transfer Shares to One Account

Consolidate holdings for easier tracking.

How to Close Extra Demat Accounts

Basic steps:

1. Transfer all shares to another account
2. Submit account closure form to broker
3. Provide ID proof
4. Confirm closure

Closure usually takes a few days.

Common Mistakes to Avoid

Ignoring Old Accounts

Inactive accounts may still have charges.

Not Checking CAS Regularly

You may miss unknown or forgotten accounts.

Keeping Too Many Accounts

Makes tracking and tax filing difficult.

Tips to Stay Organized

• Use one primary demat account
• Track investments regularly
• Keep login details secure
• Review CAS statement periodically

Final Thoughts

Checking how many demat accounts you have is not complicated—it just needs a few simple steps, especially using your PAN and CAS statement. Once you know the full picture, you can organize your accounts better and avoid unnecessary costs.

In the long run, keeping your investments simple and centralized makes everything easier—from tracking returns to filing taxes. A little check today can save a lot of confusion later.