Yes. SEBI places no restriction on holding multiple broker accounts simultaneously.
Many traders:
- Keep long-term holdings on Zerodha or Groww
- Use Sahi for active F&O and intraday trading
You can open a Sahi account using the same PAN linked to your existing broker accounts.
Transferring demat holdings is optional and can be done later through a DIS (Delivery Instruction Slip) transfer via CDSL if needed — but there’s no requirement to consolidate. Many traders run both accounts in parallel.