In this video, we explain how you can open a minor trading and demat account. We highlight the importance of teaching financial literacy to your child and discuss why it's vital to start young and how opening a trading and demat account can be a stepping stone towards cultivating a habit of saving and investing.
Open a minor account online here - https://zerodha.com/open-account/minor
Check out how to gift securities here - • How to gift stocks, ETFs and bonds to...
Learn more about family accounts here - https://zerodha.com/z-connect/console...
Check out how to add nominees here - • How to add nominee to the Zerodha acc...
Check out the Tax implications on Minor's demat account here - https://qna.tax/t/what-are-the-tax-im...
Check out Tax implications for gifting securities here - https://support.zerodha.com/category/...
Varsity Junior - • Varsity Junior (English)
The Rupee Tales - https://rupeetales.com/
Here are some additional FAQs - https://support.zerodha.com/category/...
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Timestamps:
00:30 - How does a minor Zerodha account work?
01:41 - What are the documents required to open a minor account?
02:28 - Signing up process
03:08 - KYC Process
03:44 - In-person Verification
04:02 - E-signing