What is the process to close a non individual Zerodha account?
The process to close non-individual accounts are:
- Corporate and One Person Company (OPC) account: Account closure form (PDF) with seal and signature of the director or authorised signatory as per the board resolution submitted at the time of account opening.
- Partnership account: Account closure form (PDF) with seal and signature of the partner or authorised signatory as per the authority letter, which was submitted at the time of account opening.
- Limited Liability Partnership (LLP) account: Account closure form (PDF) with seal and signature of the partner or authorised signatory as per the board resolution, which was submitted at the time of account opening.
- HUF account: Account closure form (PDF) with Karta’s signature on the F Box with the HUF seal affixed on the signature.
- Trust account: Account closure form (PDF) with a seal and trustee(s) or authorised signatory's signature as per the authority letter, which was submitted at the time of account opening.
- Association of Persons (AOP) account: Account closure form (PDF) with a seal and member or authorised signatory signature as per the authority letter, which was submitted at the time of account opening.
Courier the account closure form to the following address:
Zerodha,
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078
Did you know?
- The account cannot be closed if there are pending dues or negative balances.
- Ensure there are no securities in the demat account before closure. The holdings can be sold and the funds can be withdrawn, or the shares can be transferred to another demat account. See What are the different ways to transfer shares from my Zerodha account? Locked-in shares, government securities, and mutual funds can be moved only to a CDSL demat account that belongs to the account holder.
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