Frequently Asked Question

Once a minor turns 18 years old, their Upmove account must be converted into an individual (major) account. If the minor's account was previously registered using the guardian’s contact details, a new mobile number and email ID must be provided along with the required documents listed below:

Documents Required for Conversion

Document Type Details

Application Form - Equity application form (PDF)- Signature guidelines - DDPI (optional) – Clients who opened their accounts online can use CDSL TPIN instead for authorizing debit of securities.

Photograph - One passport-size photograph, signed across and affixed to the equity form.

Account Modification

Form - Filled and signed modification form.

PAN Card - Self-attested copy of PAN card with signature under “Applicant Signature”

Address Proof Submit a self-attested copy of any one of the following: -

Driving License, Voter ID, Passport, NREGA Job Card, NPR Letter, Masked Aadhaar (mandatory if Aadhaar is used)

Bank Proof Submit one of the following in the client's name: -

Personalized cancelled cheque (name printed), Self-attested bank statement with bank logo and seal, Copy of passbook with account number, MICR and IFSC clearly visible

Income Proof (for F&O trading) Submit any one of the following: -

Last 6 months' bank statement with an average balance of over ₹10,000, Latest salary slip with gross income above ₹15,000, ITR acknowledgment showing annual income above ₹1,20,000, Form 16 with gross income above ₹1,20,000, Net worth certificate showing more than ₹10

Document Type Details lakhs - Statement of demat holdings with a value above ₹10,000