Eligibility Criteria

Any resident Indian individual, HUF (Hindu Undivided Family), corporate, partnership firm, NRI, or foreign national (with certain conditions) can open a Trading and Demat account.

1. There is no minimum age legally required to open a Demat account.
2. However, for anyone below 18 years, the account must be opened as a minor account under the guardian’s name.

Yes, a minor can open a Demat account, but:
1. It must be opened through a guardian (usually a parent).
2. Trading accounts are not allowed for minors—only holding (Demat) is allowed.
3. Once the minor turns 18, the account can be converted to a regular individual account.

Yes, but with specific requirements:
1. NRIs (Non-Resident Indians) can open:
NRE or NRO Demat & Trading accounts through Alice Blue.
They must comply with RBI and FEMA regulations.
2. Foreign nationals may also be allowed to invest via Portfolio Investment Schemes (PIS), subject to approval from the RBI/SEBI.

✅ NRIs must also link their NRE/NRO bank account and get PIS permission for trading in Indian markets.