The Zerodha account can be closed online and offline. To close an account, follow these steps:

Online

1. Login to console.zerodha.com.
2. Click on Account.
3. Click on Segments.
4. Click on Close account.
5. Select the reason and enter additional feedback.
6. Click on Continue.
7. Accept the terms and conditions and click on Proceed to eSign.
8. Click on Sign now.
9. Tick the checkbox to authorise NSDL.
10. Enter the Aadhaar number and click on Send OTP.
11. Enter the OTP and click on Verify OTP.

Offline

1. Print and sign the account closure form (PDF).
2. Send it to the following address:

Zerodha,
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078

Did you know?

• The account can be temporarily deactivated to take a break from trading. See What is Kill Switch?
• If the account is being closed due to employee trading restrictions by an employer, see How can Zerodha be empanelled as a registered broker with a company?
• For an account to be closed, there should not be any negative balances. All stocks should be sold or transferred, and positions must be exited.
• Locked-in shares, mutual funds and Government securities can only be moved to a CDSL demat account.
• Shares can be transferred only within the same account holder(s). For example, person A having an individual demat account, can transfer shares to person A. If persons A and B have a joint account with A as the primary holder and B as the secondary holder, they can transfer shares to another joint account held by A and B only and not to a joint account held in the order B and A.
• Shares can be transferred only within the same Beneficiary Owner (BO) status. For example, shares can be transferred from an individual account to another account, not from an individual account to a joint, NRI, or HUF account and vice versa.
• A joint demat account can only be closed through an offline method. Primary, secondary and tertiary holders (if applicable) have to sign the closure letter.
• To transfer shares and close the account, opt for the closure-cum-transfer by submitting a signed hard copy of the account closure form (PDF) along with a sealed and signed physical copy of the Client Master Report (CMR) or a digital CMR copy, e-signed by an official of the DP of the destination demat account. Depositories mandate this apply to all brokers. Refer to point numbers 10.6.1.1 and 10.6.2.1 in these CDSL operating instructions for depository participants (PDF).
• The account closure will be processed in seven working days.