{"id":11819,"date":"2024-11-09T09:57:00","date_gmt":"2024-11-09T09:57:00","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=11819"},"modified":"2025-04-17T07:15:23","modified_gmt":"2025-04-17T07:15:23","slug":"what-is-a-minor-demat-account","status":"publish","type":"demat","link":"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-minor-demat-account\/","title":{"rendered":"What is a Minor Demat Account? Meaning, Features &amp; Benefits"},"content":{"rendered":"\n<p>If you are familiar with equity investments, then you must also be aware of the benefits of starting the investment journey early. If you want to safeguard your child\u2019s financial future but are unsure about the specifics, then this blog is for you.&nbsp;<\/p>\n\n\n\n<p>In this blog, we will walk you through the process of opening a Minor Demat account and its features, benefits, and limitations.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-minor-demat-account\/#What_is_a_Minor_Demat_Account\" title=\" What is a Minor Demat Account?\"> What is a Minor Demat Account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-minor-demat-account\/#Features_of_Minor_Demat_Account\" title=\"Features of Minor Demat Account\">Features of Minor Demat Account<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-minor-demat-account\/#Eligibility_and_Documentation_for_Minor_Demat_Account\" title=\"Eligibility and Documentation for Minor Demat Account\">Eligibility and Documentation for Minor Demat Account<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-minor-demat-account\/#How_to_Open_a_Minor_Demat_Account\" title=\"How to Open a Minor Demat Account?\">How to Open a Minor Demat Account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-minor-demat-account\/#Rules_of_Minor_Demat_Account\" title=\"Rules of Minor Demat Account\">Rules of Minor Demat Account<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-minor-demat-account\/#Benefits_of_Minor_Demat_Account\" title=\"Benefits of Minor Demat Account\">Benefits of Minor Demat Account<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-minor-demat-account\/#What_Are_the_Limitations_Applicable_to_A_Minor_Demat_Account\" title=\"What Are the Limitations Applicable to A Minor Demat Account?\">What Are the Limitations Applicable to A Minor Demat Account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-minor-demat-account\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-a-minor-demat-account\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-what-is-a-minor-demat-account\"><span class=\"ez-toc-section\" id=\"What_is_a_Minor_Demat_Account\"><\/span><strong><br><\/strong>What is a Minor Demat Account?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Under the Indian Contracts Act of 1872, minors are generally prohibited from engaging in financial contracts in India. However, according to the Indian Companies Act of 2013, any person of any age may own publicly listed shares. With certain limitations, any minor can own a Demat account under this legislation.<\/p>\n\n\n\n<p>A minor demat account is opened in the name of a minor. However, these accounts require the parents or other legal guardians to take care of the activities, such as transactions and other activities associated with the account, until the minor attains adulthood.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-features-of-minor-demat-account\"><span class=\"ez-toc-section\" id=\"Features_of_Minor_Demat_Account\"><\/span>Features of Minor Demat Account<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The key features of a Demat account in the name of a minor are as follows-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Operations <\/strong>&#8211; The account is operated by the minor\u2019s parents or legal guardians.<\/li>\n\n\n\n<li><strong>Documents <\/strong>\u2013 The documents of both minors and their guardians are required to open a minor demat account.<\/li>\n\n\n\n<li><strong>Restrictions<\/strong>\u2013 A minor account can only be used to sell securities and activities such as intraday trading, derivative trading, etc are prohibited.<\/li>\n\n\n\n<li><strong>Taxation <\/strong>&#8211; Income generated from investments in a minor demat account is taxed based on the guardian\u2019s tax bracket.<\/li>\n\n\n\n<li><strong>Conversion <\/strong>\u2013 On attaining the age of 18, the minor\u2019s demat account will be converted into the regular Demat Account.<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/demat\/lifetime-free-demat-account-amc-free\/\">Lifetime Free Demat Account (AMC Free)<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eligibility-and-documentation-for-minor-demat-account\"><span class=\"ez-toc-section\" id=\"Eligibility_and_Documentation_for_Minor_Demat_Account\"><\/span>Eligibility and Documentation for Minor Demat Account<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"527\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Eligibility-and-Documentation-for-Minor-Demat-Account.png\" alt=\"Eligibility and Documentation for Minor Demat Account\" class=\"wp-image-16868\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Eligibility-and-Documentation-for-Minor-Demat-Account-1024x527.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Eligibility-and-Documentation-for-Minor-Demat-Account-300x154.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Eligibility-and-Documentation-for-Minor-Demat-Account-768x395.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Eligibility-and-Documentation-for-Minor-Demat-Account-1536x791.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Eligibility-and-Documentation-for-Minor-Demat-Account-2048x1055.png 2048w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Eligibility-and-Documentation-for-Minor-Demat-Account-150x77.png 150w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-eligibility-criteria\">Eligibility Criteria<\/h3>\n\n\n\n<p>The eligibility criteria to open a minor demat account are as follows-<\/p>\n\n\n\n<p><strong>1. Age <\/strong>\u2013 The person whose account is to be opened must be a minor or below 18 years of age.<\/p>\n\n\n\n<p><strong>2.<\/strong> <strong>Guardian <\/strong>\u2013 The guardian is mandatory while opening the demat account in the name of a minor, as the minor cannot operate the account.<\/p>\n\n\n\n<p><strong>3.<\/strong> <strong>KYC <\/strong>\u2013 Both the minor and the guardian must fulfill the KYC requirement.<\/p>\n\n\n\n<p><strong>4.<\/strong> <strong>Bank Details<\/strong> \u2013 The minor must have a bank account in their name, and only that account must be linked to the minor demat account.<\/p>\n\n\n\n<p><strong>5. Speculative Trading<\/strong> \u2013 SEBI prohibits speculative trading activities in a minor\u2019s demat account.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-documents-required\">Documents Required<\/h3>\n\n\n\n<p>To open a minor\u2019s demat account, the guardian and the minor must provide several documents. The following is the list of the same:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>PAN Card <\/strong>\u2013 This is a mandatory document, and both the minor and guardian must submit it to open a minor demat account.<\/li>\n\n\n\n<li><strong>Age Proof<\/strong> \u2013 Brokers accept various age verification documents, including birth certificates, passports, school leaving certificates, and mark sheets with the date of birth.<\/li>\n\n\n\n<li><strong>Bank Details<\/strong> \u2013 Minor\u2019s bank account details must be provided to link it with the Minor Demat account.<\/li>\n\n\n\n<li><strong>Passport Size Photo<\/strong> \u2013 A passport-size photograph of the minor is also required.<\/li>\n\n\n\n<li><strong>Address Proof <\/strong>\u2013 An address proof, such as an Aadhaar Card, is also required.<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/demat\/documents-required-to-open-a-demat-account\/\">Documents Required to Open a Demat Account<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-open-a-minor-demat-account\"><span class=\"ez-toc-section\" id=\"How_to_Open_a_Minor_Demat_Account\"><\/span>How to Open a Minor Demat Account?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"452\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/How-to-open-a-minor-demat-account-scaled.png\" alt=\"\" class=\"wp-image-16867\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/How-to-open-a-minor-demat-account-1024x452.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/How-to-open-a-minor-demat-account-300x132.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/How-to-open-a-minor-demat-account-768x339.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/How-to-open-a-minor-demat-account-1536x678.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/How-to-open-a-minor-demat-account-2048x904.png 2048w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/How-to-open-a-minor-demat-account-150x66.png 150w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The minimum age requirement for a regular demat account is eighteen; however, there is no minimum age requirement for a minor demat account. However, there is a process that must be followed:<\/p>\n\n\n\n<p><strong>1.<\/strong> <strong>Identify the Broker<\/strong> \u2013 The first step is to identify the broker registered with <a href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/cdsl-vs-nsdl\/\">NSDL or CDSL<\/a> with whom you want to open your demat account.<\/p>\n\n\n\n<p><strong>2. Documents Required for a Minor Demat Account<\/strong> \u2013 Gather the necessary documents such as the PAN card of both the minor and guardian, Aadhar cards, the minor\u2019s birth certificate, and bank details.&nbsp;<\/p>\n\n\n\n<p><strong>3.<\/strong> <strong>Fill out the Basic Details: <\/strong>You can register to open a Minor Demat account online and offline. If you use the offline approach, you can fill out the form and submit it to the broker; if you use the online option, you must visit the broker\u2019s website and fill out the form.&nbsp;<\/p>\n\n\n\n<p><strong>3. KYC <\/strong>\u2013 Completing the minor and guardian\u2019s KYC is a crucial step while opening the account.<\/p>\n\n\n\n<p><strong>4.<\/strong> <strong>Documents <\/strong>\u2013 Attach the scanned copies of necessary documents along with the form.<\/p>\n\n\n\n<p><strong>5. Verification<\/strong> \u2013 Once the broker verifies all the documents, they will open a Minor Demat account and provide you with credentials.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-rules-of-minor-demat-account\"><span class=\"ez-toc-section\" id=\"Rules_of_Minor_Demat_Account\"><\/span>Rules of Minor Demat Account<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If an individual wants to open a Minor Demat account, then he must follow specific rules and regulations, such as:<\/p>\n\n\n\n<p><strong>1. Guardian Requirement<\/strong> \u2013 A minor\u2019s demat account cannot be opened without a guardian. However, a guardian can be a biological parent or a legal guardian appointed by the court.<\/p>\n\n\n\n<p><strong>2. Restrictions<\/strong> \u2013 Minors cannot buy or sell securities on their own until they turn 18 years old.&nbsp;<\/p>\n\n\n\n<p><strong>3. Nomination <\/strong>\u2013 A nominee can be registered for a minor demat account by the guardian when the minor demat account is opened.<\/p>\n\n\n\n<p><strong>4. Account Closure <\/strong>\u2013 A guardian can close the minor\u2019s demat account and can either sell or transfer the securities.<\/p>\n\n\n\n<p><strong>5.<\/strong> <strong>Multiple Demat Account<\/strong> \u2013 A minor can only have one demat account under the guardianship of a specific guardian. However, if their parents are separated, both parents can open a separate account for the minor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-benefits-of-minor-demat-account\"><span class=\"ez-toc-section\" id=\"Benefits_of_Minor_Demat_Account\"><\/span>Benefits of Minor Demat Account<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are various benefits of having a demat account in the name of a minor, a few of which are mentioned below-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Financial Planning<\/strong> \u2013 You can begin investing early for your kid\u2019s future. With a Minor Demat account, parents can save and invest funds for their child\u2019s future goals more effectively.<\/li>\n\n\n\n<li><strong>Early Investment<\/strong> \u2013 The earlier you start your investment journey, the higher the benefit of compounding will be.<\/li>\n\n\n\n<li><strong>Tax Benefits<\/strong> \u2013 Investing in the name of a minor will provide tax benefits as the gains from such investment are taxed at the guardian\u2019s tax rate until the child reaches the age of 18 years.<\/li>\n\n\n\n<li><strong>Ownership <\/strong>\u2013 Having a demat account provides minors with a sense of ownership and responsibility at a younger age.<\/li>\n\n\n\n<li><strong>Gifts <\/strong>\u2013 Minor can receive shares and other securities from their relatives directly in their Demat accounts.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-limitations-applicable-to-a-minor-demat-account\"><span class=\"ez-toc-section\" id=\"What_Are_the_Limitations_Applicable_to_A_Minor_Demat_Account\"><\/span>What Are the Limitations Applicable to A Minor Demat Account?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are various limitations applicable to a minor demat account; a few of such limitations are as follows-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No Derivative Trading<\/strong> \u2013 Due to the significant risk associated with derivative instruments, SEBI has set restrictions on trading in the derivatives, including futures and options, in the minor\u2019s demat account.&nbsp;<\/li>\n\n\n\n<li><strong>No Intraday and Margin Trades<\/strong> \u2013 Engaging in intraday trading and margin trading is prohibited in a Minor Demat account.&nbsp;<\/li>\n\n\n\n<li><strong>No Independent Execution<\/strong> \u2013 The minor cannot execute any trade or transfer any security without the guardian\u2019s authorization.<\/li>\n\n\n\n<li><strong>No Loans<\/strong> \u2013 The holdings in the minor\u2019s demat account are not eligible for loans against the securities.<\/li>\n\n\n\n<li><strong>Taxation <\/strong>\u2013 The income realized on the investments held in a minor\u2019s demat account, such as dividends, interest, and capital gains, are added to the guardian\u2019s income and are taxed based on the guardian\u2019s tax bracket. Minors cannot be independently taxed until they turn 18.<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-client-id-in-demat-account\/\" target=\"_blank\" rel=\"noreferrer noopener\">What is Client ID in Demat Account?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To sum up, opening a minor demat account will enable you to safeguard your child\u2019s future and effortlessly accomplish financial objectives like marriage and education of your child. Nonetheless, maintaining a minor demat account is subject to several limitations imposed by the SEBI. It is recommended that you open a Minor Demat account in your child\u2019s name to introduce them to the concepts of <a href=\"https:\/\/www.pocketful.in\/invest\">investments<\/a> at a young age.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">Can a minor invest in stocks through a Demat account?<\/h3><p class=\"saswp-faq-answer-text\">A minor cannot invest in shares directly; however, the guardian can buy shares on the minor\u2019s behalf and transfer them to the minor\u2019s demat account.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Are minor demat accounts free of Annual Maintenance Charge (AMC)?<\/h3><p class=\"saswp-faq-answer-text\">Most brokers don\u2019t charge annual maintenance charges for a minor demat account.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What are the tax implications of income on investments held in a minor\u2019s demat account?<\/h3><p class=\"saswp-faq-answer-text\">The tax is calculated based on the guardian\u2019s tax bracket until the minor attains the age of 18.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Can a minor demat account be converted into a regular demat account?<\/h3><p class=\"saswp-faq-answer-text\">After attaining the age of 18, a minor\u2019s demat account is converted into a regular demat account. However, KYC documents need to be submitted again<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Can we do intraday trading in a minor demat account?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">As per the SEBI, intraday trading and F&amp;O trades are not allowed in the minor\u2019s demat account as such investments carry higher risk.<\/p><\/ul><\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are familiar with equity investments, then you must also be aware of the benefits of starting the investment journey early. If you want to safeguard your child\u2019s financial future but are unsure about the specifics, then this blog is for you.&nbsp; In this blog, we will walk you through the process of opening [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":12047,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[256],"class_list":["post-11819","demat","type-demat","status-publish","format-standard","has-post-thumbnail","hentry","category-demat-account"],"acf":{"freelancer":"Akash Gupta"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Minor Demat Account - How to Open, Documents &amp; Eligibility<\/title>\n<meta name=\"description\" content=\"Secure your child\u2019s financial future with a Minor Demat Account. 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