Master Circular on 'Account Opening' - Version 1 - NSDL

System after obtaining written request alongwith Annexure JA, which is dulysigned by the Client (signed by all the holders in case of joint holdings).4. Minor attaining majority (NSDL/POLICY/2008/0034 dated May 21, 2008).On minor attaining majority (i.e. 21 years of age in case of minor whose Guardian iscourt-appointed or 18 years where minor's account is represented by a naturalguardian), Participants should follow the procedure given hereunder:Sr. Procedure Reference RemarkNo.4.1 Ascertain the cases Access the module Report displays accountswhere Minors have 'Reports' / <strong>Master</strong> List / that are in status 'Active',attained Majority. Minor turned Adult 'Suspended for Debit' andavailable in the DPMSystem'Suspended for Debit &Credit'4.2 Communicate to theClient (Minor attainedMajority) immediatelyadvising him/her tosubmit a fresh accountPoint no. 1.2.1 of this<strong>Circular</strong> and AnnexureJ of Business RulesIncome Tax Department(ITD) issues a new PANcard with same PAN withrelevant changes on PANcard, on Minor attainingopening formmajority. For detailedalongwith necessaryprocedure, ParticipantsKYC documents &mayreferPAN card alongwithhttp://www.incometaxindiphotograph of thea.gov.inorClient and alsohttp://www.tin-nsdl.com.comply with ‘inperson’verification.56