How can a minor account be converted to an individual account?

If the word Minor is prefixed to the account holder’s name in the Client Master Report (CMR), the minor account should be closed, and a new account must be opened. See, How to close a Zerodha account? , and How to open a Zerodha account online?

Once a minor turns 18, their account must be converted into an individual account. If the minor has been using a guardian's contact details linked to an existing Zerodha account, a new contact number and email ID must be provided along with the documents mentioned in the table below:

Type of document	Requirements
Application form	Equity application form (PDF). Sample form (PDF). Signature guidelines (PDF). DDPI, optional (PDF). Submitting DDPI is optional. Clients who have opened accounts online can use the CDSL TPIN to authorise the debit of securities.
Passport-size photograph	A passport-size photograph to affix and sign across on the equity application.
Segment addition form	Segment addition form to trade in commodities (PDF). Sample copy (PDF).
Account modification form	Account modification form (PDF). Sample form (PDF).
PAN	Self-attested copy of the PAN with the signature under Applicant signature.
Address proof	Self-attested copy of any one of the following documents: Driving licence Voter ID Passport National Rural Employment Guarantee Act (NREA) job card National Population Register (NPR) letter Aadhaar card. If an Aadhaar is being submitted as proof, ensure that a masked Aadhaar is submitted.
Bank proof	A bank account proof in the client's name. The bank proof can be any of the following: A personalised cancelled cheque with the name printed on it. A self-attested bank statement with the bank logo and seal. A bank passbook copy with the bank account number, MICR, and IFSC code clearly visible.
Income proof	An income proof to trade in F&O. The income proof can be one of the following: A Bank statement with the bank logo and seal for the last six months with an average balance of more than ₹10,000. The latest salary slip with gross monthly income exceeding ₹15,000. ITR acknowledgement with gross annual income exceeding ₹1,20,000. Form 16 with gross annual income exceeding ₹1,20,000. Certificate of net worth more than ₹10,00,000. Statement of demat holdings with current holdings value exceeding ₹10,000.

In-person Verification (IPV)

In-person verification (IPV) is the process of verifying that the person opening the account and the documents submitted are of the same person. Clients must complete the verification as part of the mandatory IPV requirement for all brokers.

To complete the IPV online, visit signup.zerodha.com/ipv. A 4-digit OTP is generated and shown on the screen. Clients are required to enable the camera and show the OTP while being clearly visible. Clients must ensure that only the account holder is present during the IPV. The IPV will be rejected if anyone else is present.

To complete the IPV offline, the applicant must visit a Zerodha branch office or a representative of Zerodha would be required to visit the offices or residences of the client to complete the IPV procedure.

Once all documents are prepared, email soft copies of the forms to [email protected]. The forms will undergo review for any necessary corrections. Upon completing the review process, courier the documents to:

Zerodha Customer Support Centre,
680, Fortuna 1, 15th Cross Road,
8th Main Road, 2nd Phase, J. P. Nagar,
Bengaluru, Karnataka, 560078

It can take upto 72 working hours to open the account. There are no charges for converting a minor account to a major account.

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How can a minor account be converted to an individual account?

In-person Verification (IPV)

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