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Can I close my commodity account without closing my DEMAT and trading account?

To disable trading in the Commodity account at Zerodha, you can use the kill switch explained here.

To close only your Commodity account at Zerodha, without closing your Trading & DEMAT account. To do so, download and print out the Account closure form. Tick the box in front of Zerodha Commodities Pvt Ltd and sign the form. 

Along with the form, write a letter that you want to close your commodity account only while keeping your trading & DEMAT account active. Send the forms to our head office in Bangalore - 

#153/154 4th Cross Dollars Colony,

Opp. Clarence Public School,

J.P Nagar 4th Phase,

Bangalore - 560078

Alternatively, you can digitally sign (e-sign) the account closure form and submit it to us by raising a ticket below. The process of digitally e-signing is as below: 

  1. Fill up the closure form - using MS Word or any other text editor
  2. Sign up/ Log in to Digio
  3. Click on Add document and upload the closure form.
  4. Click on sign icon.
  5. Enter your VID and once you do you will receive an OTP.
  6. Once you enter OTP, digital signature will be affixed to account closure form. Once the signature is affixed, you need to download it and submit it by raising a ticket below.

Note: You need to ensure, you do not have any dues on your commodity trading account before you close it. The account closure form will be processed within 5-7 working days.