How can the Zerodha account be deactivated?
Deactivation is an option clients have if they intend to stop trading temporarily and resume it later. This can be done using Kill Switch. See, What is Kill Switch?
If a Zerodha account is being closed because of employer restrictions. See, How can Zerodha be empanelled as a registered broker with a company?
Deactivation implies the following:
- The trading account will be deactivated, and a freeze will be applied on the demat. No credits or debits can happen to the demat account.
- No access to Kite and Console.
- AMC and other such charges will continue to be levied on the trading ledger, if applicable.
- Clients will continue to receive periodic emails like account statements, holding statements, etc.
To deactivate the account, download & print the Account Closure/Deactivation Form (PDF). Tick on Deactivate account, fill up the form and courier it to:
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078
Alternatively, digitally sign (eSign) the filled account closure form and submit it by creating a ticket. The account closure form will be processed within 72 working hours. To learn how to eSign documents, see How to eSign documents?
To reactivate the account, print the reactivation letter (PDF), fill up the details, sign and courier it along with a self-attested copy of the PAN card & address proof (any one: Driving Licence, Voter’s ID, Passport, Aadhaar)