Eligibility to Open a Demat Account
5paisa Research Team
Last Updated: 13 Mar, 2025 12:53 PM IST

Content
- What is a Demat Account?
- Eligibility to Open a Demat Account
- Who is Eligible to Open a Demat Account?
- Requirements to Open a Demat Account
- Benefits of Demat Account
- Conclusion
If you’re thinking about starting your investment journey, understanding the eligibility to open a Demat account is crucial. A Demat account is the cornerstone of modern trading and investing, allowing you to hold securities like shares, bonds, mutual funds, and ETFs in an electronic format. Before we dive into the eligibility criteria for opening a demat account, let’s quickly understand what a demat account is.
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Frequently Asked Questions
Anyone, including residents, non-residents, minors (through a guardian), and corporate entities, can open a Demat account. It’s also available for trusts, banks, and mutual funds.
To open a Demat account, you need a PAN card, Aadhaar card, passport, or voter ID for identity proof. You’ll also need an address proof, recent photographs, and income proof for certain types of trading.
Yes, a minor can open a Demat account, but it will be operated by a parent or guardian until they turn 18. After the minor becomes an adult, the account information can be updated.
Anyone who has a valid PAN card and meets the age requirement can open a Demat account. This includes individuals, minors (with a guardian), corporate entities, and trusts. Completing the KYC process and providing the necessary documents for identity and address verification are the main requirements.