
How to Convert a Minor Account into an Individual Account with RMoney?
By: Akriti Tomar | Date : Nov 10, 25
When a minor account holder reaches adulthood, the existing account needs to be updated to reflect their status as an individual investor. If the account is listed as “Minor” in the Client Master Report (CMR), it cannot simply continue; the minor account must be closed, and a new individual account must be opened.
Steps to Convert a Minor Account
Once the minor turns 18, the following steps should be completed to convert the account:
- Close the Minor Account:
Accounts marked as “Minor” in the CMR must be closed. - Open a New Individual Account:
The former minor must provide a unique mobile number and email ID. Guardian contact details previously linked to the minor’s account cannot be used. - Submit Required Documents:
The documents listed below must be submitted to open the new individual account:
| Type of Document | Requirements |
| Application Form | Equity application form (PDF). |
| Passport-Size Photograph | A passport-size photograph to be affixed on the equity application and signed across. |
| Segment Addition Form | Segment addition form (PDF) to enable trading in commodities. |
| PAN Card | Self-attested copy of PAN with signature under Applicant Signature. |
| Address Proof |
Self-attested copy of any one of the following: • Driving Licence • Voter ID • Passport • NREGA Job Card • NPR Letter • Aadhaar Card |
| Bank Proof |
Any of the following in the client’s name:• Personalised cancelled cheque • Self-attested bank statement with bank logo and seal • Bank passbook copy showing account number, MICR, and IFSC code |
| Income Proof (for F&O trading) |
Any one of the following: • Last six months bank statement with an average balance > ₹10,000 • Latest salary slip with gross monthly income > ₹15,000 • ITR acknowledgement with annual income > ₹1,20,000 • Form 16 with annual income > ₹1,20,000 • Certificate of net worth > ₹10,00,000 • Latest demat account statement with holdings > ₹10,000 (unpledged) • Latest Fixed Deposit receipt > ₹1,00,000 |
Once all documents are submitted and verified, the minor account can be successfully converted into an individual account, allowing the investor to trade independently.
Need Help?
Contact us: Phone: 0562-4266600 / 0562-7188900
Email: askus@rmoneyindia.com, Website: rmoneyindia.com
Kickstart your investment and trading journey effortlessly with RMoney.
Table of content
Categories
Open Demat Account 
Related Posts
-
How to transfer shares to a non-RMoney Demat Account?
Transferring shares from your RMoney Demat account to a non-RMoney Demat Account can be done...
-
How to invest in alphamatter and alphagenie?
You can open an Account with RMoney to invest in alphamatter and alphagenie. You can...
-
Can I Add My Own Conditions To A Subscribed Strategy?
No, you cannot add your own condition to a subscribed strategy. Only the creator of...
-
How does Shareholders Quota work in IPO?
How does Shareholders Quota work in IPO? When a company goes public through an Initial...
Filing Complaints on SCORES (SEBI) – Easy & Quick
- Register on SCORES Portal (SEBI)
- Mandatory details for filing complaints on SCORES:
- Name, PAN, Address, Mobile Number, E-mail ID
- Benefits:
- Effective Communication
- Speedy redressal of the grieva`nces

IT'S TIME TO HAVE SOME FUN!
Your family deserves this time more than we do.
Share happiness with your family today & come back soon. We will be right here.
Investment to ek bahana hai,
humein to khushiyon ko badhana hai.
E-mail
askus@rmoneyindia.com
Customer Care
+91-9568654321




