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Can I open a demat account on Educational Beneficiary Trust or Marriage Beneficiary Trust?

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There are two types of trusts in India, registered trusts and unregistered trusts.

  1. Registered Trust

    A demat account can be opened easily for a registered trust with any broker.

  2. Unregistered Trust

    A demat account can be opened for an unregistered trust (in the same way as Partnership Firm) where:

    • The name on the demat account will be settlers or Trustee's name.
    • The PAN number will be of the trust.

Topic: Difference between Trading and Demat account (Trading Vs Demat Account) Article

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