Unlimited Trading @ ₹899 per month
PS www.ProStocks.com
FREE Account Opening + No Clearing Fees
Loading...

Can a minor demat account be opened without its PAN card?

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.

The minor PAN card is mandatory for a minor demat account and trading account. Guardian (father or mother) also have to provide their PAN card along with the minor.

Topic: Minor Demat & Trading Account Explained - IPO, Tax, NCD FAQ Article

Comments

Add a public comment...

Find more questions on this topic

  1. Who is considered a minor in India?
  2. Can a Demat and Trading account be opened for a minor?
  3. Which broker in India allows opening of demat and trading account in the name of the minor?
  4. Does minor need a bank account before opening a demat or trading account?
  5. What are minor stock trading account restrictions?
  6. Can a minor be a joint holder in a demat account?
  7. What happens to a minor demat account when the minor becomes major?
  8. What are the tax laws in the case of Minor? Suppose the minor account made a profit of 2L in a year and the patent come under 20% tax slab, does minor need to pay 20%?
  9. I have two minor children's. Can I be the Guardian of both of them when opening the minor demat account on my kid's name?
  10. Can I trade online in my son's minor trading account?
  11. Can a minor apply in buyback offers?
  12. How do I open a minor demat account?
  13. What you should consider before opening Minor Demat Account?
  14. Can I open minor demat and trading account online?
  15. Can minor apply for IPO (Initial Public Offer)?
  16. Does Minor need a Demat account to invest in IPO?
  17. Can I sell shares which I received in the minor demat account through IPO allotment?
  18. How do I sell shares received in IPO allotment in minor demat account?
  19. As PAN Card of the Guardian is mandatory in the minor account, will that cause any problem in IPO Allotment if IPO is applied by both Guardian and minor?
  20. How to apply in an IPO on a minor's name?
  21. Do I need a minor bank account for minors trading and demat account?
Ask Your Question
special_offers
By Popular Stock Brokers
Zerodha Review   Zerodha

Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O

Open Instant Account

Angel Broking Review   AngelOne

Free Equity Delivery
Flat ₹20 Per Trade in F&O

Open FREE Demat Account

Motilal Oswal

30 days brokerage free trading
Free - Personal Trading Advisor

Open Account

Kotak Securities Review  Kotak Securities
    (Trade Free Plan)

FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O

Open Online Demat Account

Upstox Review   Upstox

FREE Account Opening
Flat ₹20 Per Trade

Enquire Now

ProStocks Review  ProStocks

Unlimited @ ₹899/month
Rs 0 Demat AMC

Open FREE Account

Fyers Review   Fyers

Free Eq Delivery Trades
Flat ₹20 Per Trade in F&O

Open Instant Account

Paytm Money Review  Paytm Money
Paytm Money QR Code

Pay ₹0 brokerage for first 10 days

Flat ₹20 Per Trade

Open Instant Account Now!

Open an Instant Account with Zerodha