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Can a minor open a demat account?

Updated: 8/16/2019
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15y ago

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Please visit the following link for this: https://nsdl.co.in/downloadables/July-2005.pdf Murali Mohan K

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Q: Can a minor open a demat account?
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Related questions

How to open Demat account in Bangalore?

There are many companies to open demat account in Banglore. I am using Unicon securities demat account. They provide lowest brokerage charges and the best services all over India. they provides free demat account without any opening charges. you can get details below


How can I open a Demat Account?

It is very easy to open a demat account. All you need to do is fill out an application form and provide all the identification documents. After verification, your account is ready to operate.


How many demat account can you open?

You can have any number of DEMAT accounts you want but a single DEMAT account providing bank will not give you more than one DEMAT account. So if you want multiple DEMAT accounts, you will have to contact multiple providers like: ICICI, HDFC, SBI, Religare etc. to have multiple accounts.


Banks offering demat account?

There are many banks in India that offer a DEMAT account. Any Indian citizen who has a valid residence proof and PAN card can open a DEMAT account. Some banks that offer such services are:ICICIHDFCSBIAxis BankKVBetc


What is a Demat Account?

demat account is a dematlised acc.it can open only throug broker.it always based on electronic system & customer shall compulsory pan card it is mandatory


How to sell demat account?

A DEMAT Account is like a bank account. You cannot sell it. You can only close it.


What is the full form of demat?

DEMAT stands for De-Materialized account.


What is the Demat account?

DEMAT stands for De-Materialized. A Demat account is one in which customers hold shares and other securities in electronic or de-materialized format. A Demat account is a mandatory requirement these days to trade in shares in India. ICICI, HDFC, SBI, Reliance etc. are all leading Demat account providers in India.


What is the full from demat account?

DEMAT stands for De-Materialized. A Demat account is one in which customers hold shares and other securities in electronic or de-materialized format. A Demat account is a mandatory requirement these days to trade in shares in India. ICICI, HDFC, SBI, Reliance etc. are all leading Demat account providers in India.


Is it possible to transfer securities from NSDL demat account to cdsl demat account of same account holder?

YES.Interdepository transfer of securities is possible.


What is trade account?

A trading account is an account where you can buy and sell stocks and also can invest in mutual funds. By a trading account, you can earn online through buying and selling the shares or stocks. But the main thing is where should you open a Demat account for free with the best facilities. Because There are many brokers. But according to me you should open a Demat account on reliancesmartmoney. com. It is a very good place to open a Demat account. Firstly the annual charges of these are very low. This is why traders can generate the highest revenue. And secondly, here you can create an account totally free of cost. The customer service team of this company is also very active and fast. So, if anyone opens a Demat account in this company he will get the full facilities, which a perfect demat account should have. Thanks, I think i have replied you your desired answer.


How can you buy stock on the Bombay Stock Exchange?

Open a DEMAT & and a trading account with any of the DEMAT providers and then you can buy them online. Or you can contact any investment service provider and he would buy it on your behalf.