How to close zerodha account

How to Close Zerodha Account: A Complete Guide to Account Closure

Are you considering closing your Zerodha account? Whether you're taking a break from trading or switching to another broker, knowing how to close your Zerodha account properly is crucial to avoid unnecessary charges and complications. Many investors don't realize that an inactive Zerodha account continues to incur annual maintenance charges, which can add up over time if left unattended.

Before proceeding with your Zerodha account closure, it's important to understand that this is a permanent decision. Once you close your Zerodha account, all your trading history and account details will be permanently deleted from their system. If you decide to return to Zerodha in the future, you'll need to go through the entire account opening process again, including KYC verification and documentation.

Closing your Zerodha account requires careful consideration and specific steps to ensure a smooth process. This comprehensive guide will walk you through everything you need to know about closing your Zerodha account, from preparing your account for closure to submitting the final request. Whether you're a seasoned trader or a beginner, we'll help you navigate the account closure process efficiently and avoid common pitfalls.

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 office 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 Account Closure Form

Go to Zerodha support portal and download the account closure request form.

2. Fill Details

Fill your Zerodha account details like client ID, email ID, PAN number etc. in the form.

3. Digitally Sign

Use Digio eSign facility to generate digital signature on the filled account closure form.

4. Submit Form

Go to the Zerodha Esign page and raise a support ticket to submit your digitally signed account closure form.

5. Account Closed

Zerodha will process the closure request within 5-7 working days and intimate you over email once your trading account is closed.

In summary:

Download form > Fill details > Digitally sign > Submit form by raising ticket > Account closed in 5-7 days.

New updated account closure process

Zerodha recently updated their online account closure procedure. You can follow steps given below to close your demat account permanently online.

1. Login to console.zerodha.com

2. Go to Account > Segments

3. Click on "Close Account" option

4. Select closure reason and give feedback

5. Accept terms and proceed to eSign

6. Digitally sign the account closure request

7. Enter Aadhaar number and OTP to authorize closure

In summary, the key steps are:

• Login to Zerodha console
• Navigate to Close Account option
• Digitally eSign the closure request form
• Authorize using Aadhaar and OTP

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.

I have explained How to close upstox account online in another post in our blog. If you have read that, you can find that they also made online process to close their account simpler. Before some years, most brokers had only offline method to close accounts. Now almost all leading brokers have online process and they made it easier.