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What is the eligibility to open a trading account?
Any individual can open a trading account with identity proof and an address proof. There is no age criterion to open a trading account. If you are a minor your parent's identity/address proof is required to open a trading account.
Can Trading and Demat account be opened online?
Yes, Trading and Demat account can be opened online. You need to fill in your basic personal details online like Name, Email ID, Mobile Number, Address, etc. as well as bank details like bank name, Account number, etc. to get started with online trading. But you need to sign the Power of Attorney (POA) in physical format. This is as per the SEBI regulatory guidelines which is mandatory.
What documents are required to open a trading and Demat account ?
Below are the documents required to open a trading and Demat account :