What is the procedure to close my trading and/or demat account?
Particulars | Trading Account | Demat Account |
---|---|---|
Account Closure Requirements | i. Clear ledger balance- no debit/ credit balance, unsettled trade positions, active SIP, pledged securities, etc. ii. Requests can be placed only 6 days after the last traded date. | i. Clear ledger balance ii. AMC dues (if any) settled iii. NIL holdings |
You can close your account either online through MyGeojit or by submitting a form at your branch:
- MyGeojit :
Step 1. Log in to MyGeojit and go to My Account
Step 2. Select Profile > Account Closure
Step 3. Select the accounts you wish to close (trading, demat) > Proceed
Step 4. Select the Reason for closing > Click here to know about the complete process.
An email confirming the account closure request will be sent to your registered email ID.
Alternatively, you can contact your branch and submit a Closure Request Form along with any unused DIS (Delivery Instruction Slips).
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