NSE does not allow PAN to be updated in trading accounts. You can only update your PAN in your demat account. You must then close your existing trading account and open a new trading and demat account with your new PAN.
Zerodha charges ₹25 + 18% GST as account modification charges. The process takes up to 10 working days after Zerodha receives and verifies your documents.
How does the PAN update process work?
- Update your PAN in your existing demat account and close your trading account.
- Open a new trading and demat account with your new PAN.
- Transfer your holdings from your old demat account to your new demat account through closure cum transfer.
Required documents
| Type of document | Requirements |
| Account modification and KYC forms |
|
| PAN |
|
| Address proof |
|
| Income Tax Department (ITD) Intimation letter |
|
| Handwritten letter |
|
| Account closure form | Download and complete the account closure form (PDF) and tick the trading account option. |
Ensure your signature on all forms matches the signature you provided when opening your account.
Courier all documents to:
Zerodha Customer Support Centre
192A 4th Floor,
Kalyani Vista, 3rd Main Road,
JP Nagar 4th Phase,
Bengaluru, 560076
What happens next
Once Zerodha receives your documents, Zerodha will update your PAN in your demat account and close your trading account. You can then open a new trading and demat account with your new PAN and initiate a closure cum transfer to move your holdings.