Follow the steps to complete your account closure request.

1. Click ‘Get Form’ button to obtain the form and open it in your preferred document editor.
2. Before filling out the form, perform the necessary pre-checks. Ensure that your ledger balance is nil or in credit, all signatures match the records with SBICAP, your existing name and address align with SBICAP's records, and that no stocks are held in the pool account.
3. Complete the 'Closure Initiated by' section, providing your details as the Business Owner (BO) and including the submission date.
4. In the 'Client Name' and 'Address' sections, input your full name and current address as registered with SBICAP.
5. Indicate whether you are closing a Trading Account, Depository Account, or both by selecting the appropriate option on the form.
6. Fill in the required account details such as Trading Code, BO ID, and the names of each account holder. Ensure accuracy to avoid any processing delays.
7. In the 'Details of Remaining Balances' section, state any remaining balance in your accounts. Choose the appropriate reason for closing the account and fill in any relevant details.
8. Provide your declaration regarding the closure and ensure your request for fund and security settlements is included.
9. Make sure that all required holders sign the closure request form, as it must be submitted in duplicate.
10. Once the form is complete, you can save changes, download a copy, and print it for your records or submit directly to SBICAP.

Complete your Account Closure Request Form online with confidence and ensure a smooth closure process.