By Jitendra Jangid- Friends, if you are planning to invest in shares, mutual funds, ETFs or bonds, then opening a demat account is necessary. Without this you cannot trade, there is no age restriction to open a demat account, but it is necessary to operate it with some limits and parental supervision, let's know the full details

Who can open a minor demat account?

Parents or legal guardians can open a demat account in the name of a minor.

Until the child turns 18, the account will be operated only by the guardian.

This is not a joint account - only the name of the minor is listed, while the guardian manages the account.

Is there any age limit?

No, there is no minimum age limit. A demat account can be opened at any age.

Documents required to open a minor's demat account

To open a demat account for a minor, you will need the following documents

For minor:

Birth certificate (with parent/guardian's name)

Photograph of the minor

PAN card of the minor (if available)

Bank account details in the name of the minor (can be joint with guardian)

For parent/guardian:

PAN card

Aadhaar card (for identity and address proof)

Photograph

KYC compliance documents (SEBI KYC, FATCA, PMLA norms)

Signature and verification

Parent's signature is mandatory.

Verification and document submission can be done both online and offline.

Photographs of both the minor and the guardian must be uploaded during the account opening process.