You can only close your NSDL demat account through an offline process. You need to courier the signed account closure form (PDF) to Zerodha, and your account will be closed within 2 working days.
Closure-cum-transfer
You can opt for closure-cum-transfer with no additional charges. This process transfers your holdings to another demat account while closing your Zerodha account. Follow the Standard Operating Procedure (SOP) for closure cum transfer. Depositories mandate this, and it is applicable to all brokers.
Steps to close your account
- Download and complete the account closure form (PDF).
- Sign the form according to your account type (see signing requirements below).
- Courier the signed form to:
Zerodha Customer Support Centre
192A 4th Floor,
Kalyani Vista, 3rd Main Road,
JP Nagar 4th Phase,
Bengaluru, 560076
You will receive an email notification at your registered email address once your account is closed.
Signing requirements by account type
- Individual accounts: You must sign the form yourself.
- Corporate, One Person Company (OPC) and Limited Liability Partnership (LLP) accounts: The authorised signatory as per the board resolution must sign the account closure form.
- Partnership, trust, and Association of Persons (AOP) accounts: The authorised signatory, as per the authority letter must sign the account closure form.
- Hindu Undivided Family (HUF) accounts: The Karta must sign the closure form.
- Pool accounts: The clearing member must courier the signed form with the authorised signatory as per the authority letter.
Important conditions before closing
You must meet these requirements before closing your account:
- Transfer or sell all securities in your demat account (accounts with holdings cannot be closed)
- Settle any outstanding negative balances
- Complete re-KYC if your account is suspended or frozen.