FREE Account Opening + No Clearing Fees
Loading...

Can I open demat account with beeline for my minor son/daughter?

Zerodha (Flat Rs 20 Per Trade)

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.

Yes, a demat account can easily open on a minor child's name. The account should be opened by the natural guardian (children's parents) or court-appointed guardians only. Supporting documents of parent or guardians should be provided at the time of account opening.

A trading account can also be opened on Minor's name with help from parent/guardian. But only Equity Delivery trades are allowed in minor trading account. Customer cannot trade in F&O's in a minor's account.



Comments

Add a public comment...