Minor Demat and Trading Account
-
Can a minor open a trading and demat account?
-
Can a minor be a joint holder in another demat account?
-
Can buying and selling of securities be done in a minor's trading account?
-
Do the natural guardian and the minor need to comply with KYC norms?
-
What documents are required to open a minor trading & demat account?
-
What is IPV (In-Person Verification)?
-
What is a legal guardian letter and why is it needed?
-
Can funds be added and withdrawn from the minor account?
-
What are the tax implications for a minor account?
-
Who must sign/eSign if details need to be changed in the minor's account?
-
What are the trading restrictions in a minor account?
-
Can a minor’s demat/trading account be continued when he/she becomes a major?