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  • How To Close Hdfc Demat Account

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Bai 400042. DP ID: IN300126 / IN301151 / IN301549 / IN300476 / IN300601 / IN301436. Instructions to the Applicant 1. Closure request needs to be signed by ALL the account holders. POA holder (if any) cannot sign the closure request. 2. Certified True Copy of Board resolution required in case of Corporate account closure. 6. In case of transfer cum closure please ensure the following: a. At least one of the account holder visits the branch b. He/she carries a valid original identity proof.

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1) Basic Account Closure - When there are no holdings, pending payments, or charges on a Demat account, the account holder can raise a request with the respective depository partner and have the account closed without any hassles.

Though Demat accounts cannot be completely closed online, they can be made easier by fulfilling the formalities online. It is imperative to check if there are no overdue charges, penalties or shares pending in the account and that the details are filled in accurately.

When your demat account is closed, your account ceases to exist. Your DP will provide you form for closure of the account. You need to fill up the form and sign to ensure the closure of the account. If there are no dues outstanding from your side, the DP will close your account.

There are two types of closures: Basic Account Closure: Under this account holders can close their demat accounts when there are no holdings, pending payments, or charges. All they have to do is submit a request to the appropriate depository participant.

Go to the 'funds' or 'accounts' section and click on it. You will be presented with two options- add funds or withdraw funds. To initiate the transfer of money from the Demat account to the bank account, click 'withdraw funds'. The account will display the total amount in your trading account.

Offline Procedure Visit the nearest branch of HDFC Securities and submit the attached form with the required information so that team can process the closure of your account in their books. Instructions for filling the closure form: 1. Closure request needs to be signed by ALL the account holders.

2) The target depository participant's client master list (CML) must be submitted along with the authorized personnel's logo, stamp, and signature. 3) Together, the closure form, along with the CML, DIS, and relevant KYC documents, can be submitted to the DPs head office to kickstart the closure process.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232