Chittorgarh.com Logo
Loading...

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

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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.

Comments

Add a public comment...