For Minors - Demat & Online Trading

A

aravikumar

New Member
#1
#1
Hi All,

I want to open a Demat & Online trading for minor. I may not do full trading but I want to apply IPOs, SBI bonds etc. and should have a facility to sell them if required. What is the procedure and which brokers/banks are providing the facility?
 
V

vijayvaliya

Active Member
#2
#2
aravikumar said:
Hi All,

I want to open a Demat & Online trading for minor. I may not do full trading but I want to apply IPOs, SBI bonds etc. and should have a facility to sell them if required. What is the procedure and which brokers/banks are providing the facility?
Click to expand...
Minor trading/banking/dmat is opened by almost all. You can purchase shares and bonds, apply for IPOs etc in that account. But you will not able trade in such accounts till such time the minor attains majority (age of 18)
 
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