Search for an answer or browse help topics to create a ticket


Show moreless
View all categories

How to open a minor account at Zerodha?

  • Minors cannot buy stocks. Instead, the guardian can either transfer existing stocks in their demat account or buy and transfer stocks into the minor’s account. See, How to buy or sell stocks in minor accounts?
  • The guardian should sign all the forms and supporting documents of the minor.

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 guardian must be affixed to their respective KYC 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 or passport, 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 documents 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:

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

Did you know?