Comment on Account Opening Documentation & Charges

Nithin Kamath commented on 24 Mar 2014, 11:59 AM

Suresh,

A trading account is always opened in an individuals name, there is no concept of second holder or nominee (both second holder and nominee are only for demat account). So yes your fathers trading account can be mapped to your bank account, provided your father is the joint holder of your bank account, and his name appears on the statements and the cheque leaf.

Cheers,

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