Can a demat account be opened in the name of a Trust?
Yes, a demat account can be opened in the name of a Trust, provided it is registered under the Public Trust Act 1860/Societies Registration Act/Bombay Public Trust Act/Public Trust Act, as in force by the concerned state.
If the trust is unregistered/private, the demat account must be opened in the name of the trustees, with up to 3 holders.
Still need help? Create Ticket
