--- title: "How can a minor account be converted to an individual account?" description: "Once a minor turns 18, their account must be converted into an individual account. If the minor has been using a guardian's contact details linked to…" category: account-opening subcategory: minor slug: how-can-a-minor-account-be-converted-to-an-individual-account canonical: https://support.arrow.trade/account-opening/minor/how-can-a-minor-account-be-converted-to-an-individual-account/ --- # How can a minor account be converted to an individual account? > Once a minor turns 18, their account must be converted into an individual account. If the minor has been using a guardian's contact details linked to… ## Short answer Once a minor turns 18, their account must be converted into an individual account. If the minor has been using a guardian's contact details linked to an existing Arrow account, a new contact number and email ID must be provided along with the documents mentioned in the table below: Equity application form (PDF). Sample form (PDF). Signature guidelines (PDF). DDPI, optional (PDF). Submitting DDPI is optional. Clients who have opened accounts online can use the CDSL TPIN to authorise the debit of securities. A passport-size photograph to affix and sign across on the equity application. Segment addition form to trade in commodities (PDF). Sample copy (PDF). Self-attested copy of the PAN with the signature under Applicant signature. Self-attested copy of any one of the following documents: Driving licence Voter ID Passport National Rural Employment Guarantee Act (NREA) job card National Population Register (NPR) letter Aadhaar card. If an Aadhaar is being submitted as proof, ensure that a masked Aadhaar is submitted. Driving licence Voter ID Passport National Rural Employment Guarantee Act (NREA) job card National Population Register (NPR) letter Aadhaar card. If an Aadhaar is being submitted as proof, ensure that a masked Aadhaar is submitted. A bank account proof in the client's name. The bank proof can be any of the following: A personalised cancelled cheque with the name printed on it. A self-attested bank statement with the bank logo and seal. A bank passbook copy with the bank account number, MICR, and IFSC code clearly visible. A personalised cancelled cheque with the name printed on it. A self-attested bank statement with the bank logo and seal. A bank passbook copy with the bank account number, MICR, and IFSC code clearly visible. An income proof to trade in F&O. The income proof can be one of the following: A Bank statement with the bank logo and seal for the last six months with an average balance of more than ₹10,000. The latest salary slip with gross monthly income exceeding ₹15,000. ITR acknowledgement with gross annual income exceeding ₹1,20,000. Form 16 with gross annual income exceeding ₹1,20,000. Certificate of net worth more than ₹10,00,000. Latest statement of demat holdings with current holdings value exceeding ₹10,000. (Your holdings must not be pledged) Latest Fixed Deposit (FD) receipt with a deposit amount exceeding ₹1,00,000. A Bank statement with the bank logo and seal for the last six months with an average balance of more than ₹10,000. The latest salary slip with gross monthly income exceeding ₹15,000. ITR acknowledgement with gross annual income exceeding ₹1,20,000. Form 16 with gross annual income exceeding ₹1,20,000. Certificate of net worth more than ₹10,00,000. Latest statement of demat holdings with current holdings value exceeding ₹10,000. (Your holdings must not be pledged) Latest Fixed Deposit (FD) receipt with a deposit amount exceeding ₹1,00,000. ## In-person Verification (IPV) In-person verification (IPV) is the process of verifying that the person opening the account and the documents submitted are of the same person. Clients must complete the verification as part of the mandatory IPV requirement for all brokers. To complete the IPV online, visit kyc.arrow.trade/ipv. A 4-digit OTP is generated and shown on the screen. Clients are required to enable the camera and show the OTP while being clearly visible. Clients must ensure that only the account holder is present during the IPV. The IPV will be rejected if anyone else is present. To complete the IPV offline, the applicant must visit a iRage branch office or a representative of iRage would be required to visit the offices or residences of the client to complete the IPV procedure. Once all documents are prepared, email soft copies of the forms to support@arrow.trade. The forms will undergo review for any necessary corrections. Upon completing the review process, courier the documents to: iRage Customer Support Centre 192A 4th Floor, Kalyani Vista, 3rd Main Road, JP Nagar 4th Phase, Bengaluru, 560076 It can take upto 72 working hours to open the account. There are no charges for converting a minor account to a major account. ## Broker details iRage Broking Services LLP (SEBI registration INZ000011262), product name **Arrow**. Registered office: Gift City, Gandhinagar. ## Related - Browse more in [minor](/account-opening/minor/) - Open account: [kyc.arrow.trade](https://kyc.arrow.trade) - Trade on Arrow: [app.arrow.trade](https://app.arrow.trade) - Support: [support@arrow.trade](mailto:support@arrow.trade) --- Source: https://support.arrow.trade/account-opening/minor/how-can-a-minor-account-be-converted-to-an-individual-account/ Publisher: Arrow / iRage Broking Services LLP