Demat/Trading Account for Minor
- 1. Can a demat account be opened for a minor?
- 2. Can minor be a joint holder in another demat account?
- 3. Can a trading account be opened in the name of a minor?
- 4. Can buying and selling of securities be done in minor’s trading account?
- 5. Whether the natural guardian and the minor are required to comply with know your client (KYC) norms at the time of opening demat/ trading account for the minor?
- 6. Can a minor’s demat/trading account be continued when he/she becomes major?
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