As a guardian, you can create an account on behalf of your child.

When starting a minor Demat account at SS Corporate, keep the following things in mind:

- Fill out the account opening documents with the minor's guardian.

- Photographs of both the minor and the guardian should be included in the KYC form.

- Along with the minor's KYC paperwork, you must also provide the guardian's KYC documents (i.e., ID evidence and address proof).

- PAN card and birth certificate of the minor should be submitted.

- You should submit the guardian's KYC form if the guardian's KYC hasn't been registered.

- Address proof of minor (account holder)

- Bank proof of minor (account holder)

- AMC charges of Rs. 300/- (When opening an account for a minor, an upfront AMC is required.)

- For children's Demat accounts, there are no account opening fees.

- You should also include a handwritten letter or email confirmation from the guardian explaining why the minor's account is being opened.

Note;

You can register a Demat account for your child at SS Corporate as a guardian. You can buy equities in your name (using your trading/Demat account) and then transfer the assets to your child's Demat account off-market.

Once the minor has reached the age of maturity, they must submit a new KYC application form or KRA to us. They will also be required to submit a new account opening form that is filled out. Following that, we will remove the guardian's information from the minor's account. The account holder's signature will take the place of the guardian.

Why haven't I received an email about my account opening, even though it's been three days?

Your account opening application would have been put on hold if you hadn't received an email with your login credentials after 3 days.

The following are some plausible explanations:

- Your application isn't finished yet.

- Some of your documents have been turned down. A signature mismatch or a mismatch in supporting documents could lead to rejection. We'd send you an email to remind you to upload the missing papers so you can finish the account opening procedure as quickly as possible.

Please complete the process as instructed in the email, following which your application will be processed, your account will be opened in 24-48 hours, and the login credentials will be sent to your email.

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