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Can the minor account be opened completely online?

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HomeNon-Individual AccountMinor AccountCan the minor account be opened completely online?

Related FAQ:

What are the trading restrictions in a minor account?

Can Demat Debit and Pledge Instruction (DDPI) be enabled in a minor account?

What happens when a minor turns major (18 years old)?

What are the applicable tax implications in relation to a minor’s account?

Who is responsible for updating the authorities in case any changes are required in the minor account?

Share India offers only the offline account for a Minor.

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Investment in securities market are subject to market risks, read all the related documents carefully before investing.

Mutual Fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

ATTENTION INVESTORS

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
Pay 20% upfront margin of the transaction value to trade in cash market segment.
Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. ………. Issued in the interest of Investors

PRECAUTIONS FOR CLIENTS DEALING IN OPTIONS

Sharing of trading credentials – login id & passwords including OTP’s.
Trading in leveraged products like options without proper understanding, which could lead to losses.
Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks.
Dealing in unsolicited tips through Whatsapp, Telegram, YouTube, Facebook, SMS, calls, etc.
Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.

Please note that various non-broking services viz. Insurance, Mutual Funds, IPO, NBFC, and Merchant Banking etc. being offered by us through this website are not Exchange traded product/(s)/services. Share India group of companies is just acting as distributor/agent of Insurance, Mutual Funds and IPOs. You may please also note that all disputes with respect to the distribution activity would not have access to Exchange investor redressal or Arbitration mechanism.

Investors Grievances may be mailed to investors@shareindia.com

Membership Details of Share India Securities Limited

Exchanges Memberships: NSE -10798 BSE -0226, MCX-56190, NCDEX-1256, MSE-51200
Depository Participant: CDSL, DP ID: 12038000

SEBI Registration Nos

Stock/Commodity – INZ000178336, CDSL-IN-DP-32-2015, Research Analyst: INH100005011, Merchant Banker: INM000012537, Portfolio manager Registration No: INP000009427

AMFI Registered Mutual Fund Distributor

AMFI Reg No.: ARN-78041 (Date of initial Registration; 26 August 2025; Current validity of ARN – 17 November 2028)
Compliance Manager – Vardaan Pravesh Verma, Contact No: 0120-4910000, Email Id: vardaan.verma@shareindia.com

Prevent Unauthorized Transactions in your demat account. Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day............issued in the interest of investors. ""Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors". No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." KYC is one time exercise while dealing in securities markets- once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc) you need not undergo the same process again when you approach another intermediary.

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