Last Updated: Mar 19, 2024 Value Broking 2 Mins 1.9K

To open a minor investment account online, follow these steps below: 

Step 1: Visit signup.zerodha.com/minor and log in using the guardian’s Zerodha account credentials.

zerodha minor account

Step 2: Verify the guardian profile details and click on Continue. Update the details if required before proceeding.

Step 3: Enter the minor’s mobile number, email ID, PAN, and date of birth. Verify the mobile number and email ID using OTP.

zerodha minor mobile

Step 4: Enter the minor’s Aadhaar number on the DigiLocker page and submit the OTP received.

zerodha minor aadhar

Step 5: Enter the minor’s bank account details and select the terms and conditions checkbox. 

zerodha minor bank account

Step 6: Conduct an In-person Verification (IPV) with both the minor and their guardian present. 

zerodha minor ipv

Step 7: Upload all the required documents¹ and click on “Continue”. 

Step 8: If you want, you can add nominees at this stage.

zerodha minor add nominee

Step 9: The guardian must eSign using their Aadhaar to complete the process. 

zerodha minor esign

Once done, the account will be opened within 48 working hours, and login credentials will be sent to the registered email ID.

Documents required to open a minor account online:

Source – Zerodha

1.Minor’s PAN 

2. Minor’s Aadhaar number 

3. Proof of date of birth of the minor 

4. Recent photo of the minor 

5. Copy of a canceled cheque or bank statement of the minor’s bank account 

6. Legal guardian letter, if applicable 

7. Guardian’s PAN 

8. Guardian’s address proof

9. Guardian’s signature. 

Please ensure that you have all these documents before opening an online minor account.