Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Is a separate bank account required for a minor demat account?

Yes, a bank account in the minor’s name is mandatory. This account is operated by the guardian and is linked to the minor’s demat account for IPO applications, refunds, dividends, and other investment-related transactions.