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

The process to close a non-individual account is explained below:

  • For corporate accounts or 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.

  • For a partnership accounts:

Account closure form (PDF) with seal and signature of the partner or authorised signatory's as per the authority letter which is submitted at the time of account opening.

  • For an LLP account:

Account closure form (PDF) with seal and signature of the partner or authorised signatory's as per the board resolution which is submitted at the time of account opening.

  • For a HUF account:

Account closure form (PDF) with Karta’s signature on the F Box with the HUF seal affixed on the signature.

  • For a Trust account:

Account closure form (PDF) with a seal and trustee(s) or authorised signatory's signature as per the authority letter which is submitted at the time of account opening.

  • For an AOP account:

Account closure form (PDF) with a seal and member or authorised signatory's signature as per the authority letter which is 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 balance  in the account.
  • Ensure there are no securities in the demat account before closure. The holdings can either be sold and the funds can be withdrawn or the shares can be transferred to another demat account.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.