How to Close Online Demat Account For FREE

Close Demat Account For Free: Hey Guys! Welcome to OyeLeCoupons. Here we back with another amazing article for you. Dear users, many of you want to close their Demat account. Guys, if you are not using your Online trading sites that there is no need to run your Demat account. Because every year you have to pay some charges for running your Demat account. So, it's better for you to close your online Demat account for absolutely free. In this article, I will tell you how to close your Demat account online. So, just read this article carefully to know the step by step process of closing your Demat account. Stay tuned with OyeLeCoupons for more offers and the latest tricks. Thanks for choosing us! 

Close Demat Account Online For Free

Readers, you just have to follow the given process to take the benefits of this article. So Let's activate this trick without wasting your precious time. Thanks for sharing your precious time with us.

Steps to Close Online Demat Account Free

  • First of all, Download the Account closure form of your broker website
  • If you don't know how to download the closure form then do comment I will give you a link
  • After that, fill out the form carefully
  • You have to fill in some important details like Your ID and the DP ID, KYC details, A Valid reason for closing the Demat account, a bank official must submit, verify the self-attested identity proof copy
  • Now, attach a signed copy of the Aadhar card and pan card as well
  • Then, recheck your form and at last, submit your form to your nearest branch 
  • Meanwhile, if there is no brach then you can also submit your form to your broking address which is mentioned in your form
  • You can also mail to your brokerage firm to acknowledge them about your form, well this is optional
  • Now, within 15 to 20 days your Demat account get closed
  • There is no fee required to close your Demat account
  • Thanks for your time

Things Must Remember Before Closing Your Demat Account

  • Do check if there is any share or community in your account
  • You will not get any charge for the very first year of your Demat account
  • Before closing your account  you can transfer your share to some other account
  • Do check if there is a negative balance in your Demat account you have to clear it 

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Final Words

Readers, in this article I give you step by step process to close your Demat account. In this article, I tell you about the way to shut down your Damat account for free. You just have to read the article carefully and follow the given steps to activate this offer. If you have any trouble while activating this offer, you can ask us below the comment box, we will surely solve your problem. You can also review this post and tell us if this article is useful for you or not. Also, share this article with your friends if you really like it. Thanks for choosing OyeLeCoupons.

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