How to open a minor account at Pennypal?

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• How do I open an account online ?

  To open an account with Pennypal please use the link https://ekyc.pennypal.in/lkp/signup and follow the instructions. Once you complete the application our team will activate the account.

• Can a minor apply for an IPO?

  Minors generally cannot directly participate in financial transactions such as IPO applications. However, a guardian or parent may invest on behalf of the minor using their own account or through specific investment instruments designed for minors, ...

• What documents are required to open an account ?

  PAN card is mandatory to open an account along with address proof, bank proof and Income proof( In case of FNO segment activation). Additionally your contact number and E mail id information is required. Income Proof (For Future and Options trading) ...

• What are the charges for opening an account at PennyPal ?

  PennyPal offers free account opening for the first year. After that, a quarterly maintenance charge of ₹75 + GST will apply, summing ₹300 +GST annually.

• How do I get started with the PennyPal app?

  Download and Install: Find PennyPal on your device’s app store (Google Play Store or Apple App Store) and download it. Login into Account (First Time): You will receive a welcome mail from PennyPal on your registered mail with your client id and one ...