If the minor is a nominee what is the documentation process? |
- If the nominee is a minor, their guardian's details should be provided along with a photocopy of the guardian's PAN card and mobile number(pdf). Additionally, the nominee's photo and mobile number are necessary, and further details should be filled in.
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Related facts - The account holder cannot be added as the guardian of the nominee.
- The nominee would apply to the trading and demat account, including mutual fund investments made through Coin.
- The nominees' names must match their documents to facilitate easier claims in adverse situations.
- Non-individual accounts cannot have a nominee.
- The nominee would apply to the trading and demat account, including mutual fund investments made through Coin.
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