Can I open my minor child's account if I don't have a Demat account in FYERS?

Can I open my minor child's account if I don't have a Demat account in FYERS?

No, it is mandatory for you as the guardian to have an active Demat account in FYERS to initiate the account opening process for your minor child.

If you do not have a Demat account with us, click here.

For the procedure to initiate the minor account, refer to this article.

    • Related Articles

    • Can I open an account for my relative's minor child?

      No, you cannot open your relative’s minor child’s Demat account as his/her guardian. The minor account is required to be opened by the child’s father or mother. Note: In the absence of both the parents, the child’s account can be opened by the ...

    • Can a minor open trading account at Fyers?

      Yes, As a guardian, you could open a Demat account in the name of a minor, and can transfer the securities from your account to your child’s account as a Gift/Donation or transfer between family members.  Check out this article for the procedure to ...

    • Can a foreign citizen child with Indian parents open a Demat account in FYERS?

      No, a foreign citizen child cannot open a Demat account as it is mandatory to submit both address proof and PAN for the Minor account opening. Only Indian citizens are allowed to open a minor Demat account in India.

    • What is the procedure to open a minor account in FYERS?

      You, as a guardian, can now open your child’s Demat account with us, which is entirely online and paperless, provided you have a Demat account in Fyers.  The procedure to do so is as below: Log in to the My Account Portal and go to the ‘Manage ...

    • What is the step-by-step to open a Demat account with FYERS?

      You can open a Demat account with FYERS by following these simple steps: Visit https://open-account.fyers.in/ and enter your email id and mobile number. This page is common for both resident individual and NRI. After entering the details, click on ...