How to close zerodha demat account
You may want to close your zerodha account when you are not trading actively or moved to any other stock broker. Keeping your demat account active will accumulate annual maintenance charge.
If you close or delete your zerodha account, it will be permanently deleted and you have to open a new account again if you want it later.
Things to do before requesting to close zerodha account
1. Clear all the dues - You should clear all dues/negative balance before closing your zerodha account.
2. There should not be any stock or any other securities left in your demat account.
How to close zerodha account offline
To close your account though offline process, follow steps mentioned below,
1. Download this zerodha account closure form
2. Print and fill the form.
3. Send to zerodha head offiice by post or courier.
Zerodha head office address
Zerodha H.O [No.153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase, Bangalore - 560078]
How to close zerodha account online
You can esign the above form using digio and submit this account closure form to zerodha by raising a support ticket.
To close your zerodha account online follow these steps,
1. Download zerodha account closure form.
2. Fill it
3. Upload it to digio and esign
4. Go to this page zerodha account closure online and submit form by raising a ticket.
Account closure form will be processed within 5-7 days.
I have explained both online and offline account closure procedure in zerodha above. The offline process is similar in almost all brokers. You will have to download account closure form from their website, fill it and send by post or courier.
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