How to open a demat account for minors, documents required a

How to open a demat account for minors, documents required and other things to keep in mind

A parent can choose to open a demat account in the name of their minor son or daughter in order to gift them various securities like shares, etc. However it must be noted that although parents can give their own bank account at the time of account opening, but at the redemption the sale proceeds would only be credited to a minor's bank account.

Related Keywords

Akhil Chandna , Thornton Bharat , Tejas Khoday , Exchange Traded Funds Etfs , Alice Blue , Baal Aadhaar , Mirae Asset Capital Market , Exchange Traded Funds , Indian Contracts Act , Grant Thornton Bharat , Demat Account , Minors Demat Account , Minimum Age For Minors Demat Account , Investments In Minors Name , Child Demat ,

© 2025 Vimarsana