How to fill out the IL&FS closure form?
To fill out the IL&FS closure form (PDF), follow these instructions:
- Date: Enter the date of filling out the form.
- Name of the holder(s): Enter the name under Sole/First holder. If the account is jointly held, enter the second and third holders' names under Second holder and Third holder.
- Reason/s for Closure of Depository account: Enter Closure cum transfer to Zerodha.
- Client ID: Enter the BO ID. To learn how to find the BO ID, see What are DP name, DP ID, BO ID and demat ID?
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Please tick the applicable options:
- Option A: Tick option A if there are no holdings in the account.
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OIption B:
Tick option B if there are holdings in the account that need to be transferred to the Zerodha account.
- Signature(s): Sign under Sole/First holder. If the account is jointly held, the second and third holders must sign under Second holder and Third holder.
Refer to the sample copy (PDF). There are no charges for closure cum transfer. Once the forms are filled out, courier them to the IL&FS address mentioned in the forms.
Did you know?
- IL&FS may charge an Annual Maintenance Charge (AMC) if it is pending. Clients can contact them for more details.
- Clients are required to verify the KYC details once the Zerodha demat account is opened. To learn how to update the KYC details, see How to reactivate the Zerodha account?
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