Guardians can open a minor Demat account with FYERS through an online process. However, before starting the application, the guardian must already hold an active FYERS Demat account.
Make sure the following documents are ready before beginning the online application:
The minor’s own bank account is required to link with the Demat account for credit of dividends and other benefits.
For complete account setup instructions, refer to our minor Demat account opening procedure.
Scenario | Outcome |
---|---|
The minor doesn’t have a PAN card | The account cannot be opened; PAN is mandatory |
The bank proof is not in the minor’s name | The application will be rejected or kept on hold |
The guardian’s details don’t match official documents | The application may be delayed due to KYC mismatch |
Last updated: 05 Aug 2025