How to close Zerodha account: Friends, if you have a Zerodha Demat account, then how you can close it, I will tell you the complete process step by step. How to close a Zerodha account with the online and offline Methods, will be told in this Simple step.
There are two processes to close the Zerodha account, one is online and offline, in offline you have to fill out a form, I will also tell you how to fill it out.
Before closing the Account, you have to keep some points in mind. If you close the account in the right way, then there will be no problem in the future, that’s why you should read the post well.
There can be many reasons for closing the Zerodha account, you will not have funds, or you are making a mistake in your trading, and you will be losing more.
Friends, I will explain all the steps through small points, by following it, you can do this from your mobile or laptop.
Page Contents
How to close Zerodha Account Online
To close a Zerodha account through the online process, you have to go to the official site of Zerodha. After that, a closure form has to be filled out and upload this form.
You can do this through any device, for this, you need to have an internet connection and mobile, computer, or laptop.
- Download Zerodha Closure Form
- Then, Print this form
- Fill the form Digitally
- Click Zerodha Trading account
- Click Zerodha Demat Account
- Then, click Close account
- Fill Trading client ID
- Fill BO ID
- Then, Fill Name of Holder
- Fill the Address
- Fill City, State, PIN
- Writer your account closing Reasons
- Enter Your Name at Declaration Section (_F)
- E-sign the form using Digio.
- Go to Digio Website
- Then, Sign In
- Upload your recent fill-up form
- Buy a sign 50/ Rupees only
- Then Sign your form
- Open The Zerodha Account
- Create a Closure ticket
- Fill the Zerodha profile form
- Upload Zerodha e-sign Clouser form
- Then, Click Create ticket
- Close your Zerodha Account within 8-10 days
Step #1: Download Zerodha Closure Form
First, you have to download the account closure form from the official site of Zerodha, you can also download it from the link given below.
Step #2: Fill the form with Digital process
To close the account Online also have to fill up the closure form digitally.
After the PDF is downloaded, you have to open it and print it, like you can fill out this form online.
- Fill the form Digitally
- Click Zerodha Trading account
- Click Zerodha Demat Account
- Then, click Close account
- Fill Trading client ID
- Fill BO ID
- Then, Fill Name of Holder
- Fill the Address
- Fill City, State, PIN
- Writer your account closing Reasons
- Enter Your Name at Declaration Section (_F)
If you want to deactivate the account through this form, you can also do so. Even after deactivating the Zerodha account, you can activate it again. But if you close it, you will not be able to Activate it again.
You have to fill out the form Zerodha closure form Properly, I have given all the steps. After that, if you want to save the Form, then it has to be e-signed. You can e-sign the form through Digio’s site.
E-sign the form using Digio
After filling out the closure form, it has to be e-signed, if you do not sign then your account cannot be closed. The Digio website is used for this process.
The form has to be uploaded to the same site, after that one sign has to be bought, it takes 50 to buy 2 signals.
Create a Closure ticket
One has to create a ticket from the Zerodha website with the help of an e-sign form. Once you have created the Ticket, all the process is Completed. Within 8-10 Days an email will be received, that your Zerodha account has been successfully closed.
If you want to close the Zerodha account offline, then you can follow the steps given below.
How to close Zerodha account Offline
In the above how you can close a Zerodha account through the online method is explained step by step. If you are facing a problem in the online process, then the offline process is a good way for you.
In this section, I will tell you the steps to close the account of Zerodha offline, you have to follow it properly.
- Download the Form
- Then, Fill-up Properly
- Submit at Zerodha Head Office
- Your account will be closed within few days
To close the account offline also have to fulfill the above-mentioned formalities. This may take a little longer, but it is an easy process.
Just like in the online method, you have to download the form and then fill it out, in the same way, you have to follow this process offline also.
After filling out the form in this, it will have to be sent to the head office of Zerodha, and within a few days, your account will be Completely closed by the team.
Zerodha Closure Form Download link
Keep in mind Some Points before closing the Zerodha account
Point no 1 is you do not have to hold any stock under Zerodha. If you have any stock holdings then it needs to be transferred to another trading account.
Point no 2 is there should not be any negative balance under the Zerodha account. If yes, then you should pay all the dues with the help of UPI.
Before submitting the closure application, if there is any balance in your Zerodha Demat account then it should be immediately withdrawn.
Because once your account is closed, you cannot activate it again. This decision should be taken keeping in mind the given points.
If you have any type of account in Zerodha, and you are not using it or are not buying any shares, then you can suffer a lot from it.
The account is active, which means you will get the maintenance charges added to the Account. That’s why it is Important to deactivate or close it.
Q. #1 How to can I close my Zerodha account Online?
Online is a good way to close a Zerodha account. Through the given steps, you can Easily close any producer account of Zerodha.
Step 1: Download Zerodha Closure Form
Step 2: Then, Print this form
Step 3:Fill the form Digitally
Step 4:E-sign the form using Digio
Step 5:Open The Zerodha Account
Step 6:Create a Closure ticket
Step 7:Close your Zerodha Account within 8-10 days
Q. #2 What happens if I don’t use my Zerodha account?
If you have a Zerodha account and you never use it, do not invest in stocks, or are not trading, you will still incur account maintenance charges.
Q. #3 Can I close my Demat account Online?
Your Demat account can be closed online, but for this, you have to fulfill many formalities. If any share is pending, or there is a negative balance then it has to be rectified.
Q. #4 Which Demat account is best?
The given platform is the best to open a good profitable Demat account.
1-Upstox
2-Angel Broking
3-Zerodha
4-Sharekhan Demat
5-IIFL Demat
6-5Paisa
Conclusion
How to close Zerodha account 2022: Through this post, I told you how to close the Zerodha account Successfully. Also told that on which things you need to pay attention, such as you do not have to face any problem in the Future.
Two methods to close the Zerodha Account was discussed in this post, if you have not understood any Step then you can comment below.
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