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What is the process to close a non individual Zerodha account?

You can close your non-individual Zerodha account by submitting the account closure form with the required signatures based on your account type.

Account closure requirements by account type

  • 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 Customer Support Centre
192A 4th Floor,
Kalyani Vista, 3rd Main Road,
JP Nagar 4th Phase,
Bengaluru, 560076

Things to keep in mind

  • 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 The holdings can be sold and the funds can be withdrawn, or the shares can be transferred to another demat account. 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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