How to sell your holdings?
Selling Holdings from a Minor's Demat Account
Selling stocks from a minor's FYERS Demat account is simple, secure, and guardian-approved. Here's how you can authorize and complete the process through the EDIS (Electronic Delivery Instruction Slip).
🪄 Step-by-Step Journey
Step 1: Log in to the minor's FYERS account via Web, App, or FYERS Next.
Step 2: Open the Holdings section to view available stocks.
Step 3: Select the stock you want to sell and click Sell.
Step 4: Confirm quantity, price, and order type.
Step 5: Authorize via EDIS by entering the OTP received on the guardian’s registered mobile.
⚠️ Troubleshooting EDIS Issues
- Mobile not linked? Guardian’s number must be OTP-enabled.
- Pledged holdings? Cannot be sold until released.
- Just received shares? Wait for settlement before selling.
- Still not working? Contact FYERS Support
Example of EDIS OTP verification for minor Demat account
Last updated: 02 Jun 2025
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