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How can a Hindu Undivided Family (HUF) open a demat account?

A Hindu Undivided Family (HUF) can open a Demat and Trading account in the name of the karta (the head of the family) the process is the same as online account opening journey.

To open a HUF account, you will need the following documents:

  1. Passport-size photographs of Karta
  2. Pan Card of HUF & Karta
  3. Aadhaar Card of HUF & KARTA
  4. PAN No of Coparceners (At least one coparcener is required, even if the coparcener is a minor)
  5. List of Coparceners & Members
  6. Deed of declaration of HUF/ List of coparceners.
  7. Bank passbook /bank statement in the name of HUF (Max. 3 months Old on date of Processing)
  8. Bank Proof of HUF
  9. Income Proof of HUF (If Derivative Segment is Opted)

To open a HUF account, please visit our branch. You may locate our branch here.

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