How to close the demat account?

First, you have to get the demat account closure form directly by visiting the stockbroker branch or you can download it from the website of your stockbroker. We have listed direct links for the demat account closure form of all the popular stockbroker India.

Now you need to fill up the account closure form with all required details as:
B.O. ID (16 digits unique code) which includes your 8 digit DP ID and 8 digit client ID & other basic information. You can get all these details from the demat account back office login. Here is how the account closure form looks like:

At the time of filling the account closure form, you can transfer your holding to another demat account. You have to enter the target client id of a new demat account in which you want to transfer your holdings.

Before submitting the application make sure that there is a no due pending due balance, it must be settled before submitting the account closure request otherwise your request for demat account closure will get rejected.

Once you are done with filling the DIS slip, Now you need to submit your account closure form to your stockbroker. Don’t forget to take an acknowledgment slip of the filled account closure form.