@BB_Expert wrote:
Hi Sourav,
A joint demat account can have a maximum of three holders. One will be the main holder and two joint holders. You cannot make changes or modifications to these once the account is opened.
At the time of account opening, all the joint holders will have to sign the instruction form and also provide nomination details. Also, even if one account holder wants to make changes to the account he/she will have to get an approval from all the holders. In case of a demise of any one holder the account will be closed and the remaining joint holders should open a new account. Securities from the old account will be transferred to the new one.
Cheers,
BB Expert