A minor account can currently only be opened offline, unlike resident individual accounts that can be opened online. The documents required to open a minor account are:

Application form

• Demat application form (PDF).
• KYC application form (PDF) for the minor.
• KYC application form (PDF) for the guardian.
• CKYC form (PDF) for the minor.
• CKYC form (PDF) for the guardian.

Supporting Documents

• Passport-size photographs of the minor and the guardian to affix on the applications.
• PAN:
• Minor’s PAN copy signed by the guardian.
• Self-attested copy of the PAN of the guardian.
• Address proof:
• Any of the following for the minor: Aadhaar, passport, bank passbook or bank statement in the name of the minor, signed by the guardian.
• Any of the following for the guardian: Aadhaar, driving license, passport or voter ID, signed by the guardian.
• A cancelled cheque or recent month's bank statement of the bank account in the name of the minor.
• Any of the following additional document of the minor: Birth certificate copy, school leaving certificate,Passport and mark sheet issued by the higher secondary board.

PAN & address proofs would not be required if the minor is KYC verified. To check the KYC status, see What is Know Your Customer(KYC)? How can I check my KYC status?

In-person Verification (IPV)

As part of the mandatory In-Person Verification (IPV) requirement for all brokers, Webcam or a physical verification is required. The guardian and the minor should be in the same video while performing the IPV. See What is In-Person Verification (IPV), and why is it required?

Account Maintenance Charges (AMC)

There are no account opening charges for a minor. However, a cheque in favour of Zerodha Broking Limited for ₹300 is to be paid upfront as Account Maintenance Charges (AMC). If the AMC cheque is not submitted, the charges will be deducted from the guardian’s trading account. If the guardian does not have a trading account, a link will be sent to the registered email ID to pay the AMC charges.

Once all the documents are ready, e-mail the soft copy of all the forms to [email protected] The forms will be reviewed in case any corrections are required. After the forms are reviewed, courier the documents to the following address:

Zerodha,
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078

Did you know?

• If Aadhaar is being submitted as proof, ensure that a masked Aadhaar is submitted, i.e., black out the first 8 digits of the Aadhaar number. Only the last four digits should be visible. To download a masked Aadhaar online, visit myaadhaar.uidai.gov.in/ and tick the Do you want a masked Aadhaar? option while downloading Aadhaar.
• Once a minor attains maturity (18 years of age), the minor account has to be converted to an individual account. See What happens when a minor account holder completes 18 years of age? To open an NRI-minor account, see What documents are required to open a NRI-minor account at Zerodha?