How do I close my Zerodha account?
You can close your Zerodha account by submitting the account closure form. You need to download and print this form, select 'Close account', fill it out and send it to our head office.
Alternatively, you can e-sign the filled account closure form and submit it by raising a ticket below. Click here for a walkthrough of the process to e-sign documents.
The account closure form will be processed within 5-7 working days.
- Your account can be closed only if you don't have a negative account balance. Please submit your account closure form after clearing any pending dues.
- You need to ensure there are no securities in your demat account. You can either sell your holdings and withdraw your funds. You can also transfer your shares to another demat account by opting for 'transferred to another account'. You can opt for the closure-cum-transfer only if you submit a signed hardcopy of the account closure form. You will have to send the CMR (Client Master Report) of the target demat account. The CMR has to be in the form of a hardcopy with seal & signature for NSDL accounts. It can be digitally signed CMR for CDSL accounts.
If you're closing your Zerodha account because your employer doesn't allow you to trade/invest with us, click here.
The client's account shall be closed upon a specific request from the client. The closure shall be effective only after a period of one month has elapsed from the date of application/intimation or the date of settlement of account whichever is later.
Settlement of account shall mean that there is no outstanding balance of shares or funds in the books of the client and Zerodha and the same is confirmed by the client. The date of confirmation shall be the effective date of settlement. As far as dormant accounts are concerned, we do not close such accounts but mark the same as “Inactive” till further action by the concerned client.