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It's also completely free! Before you close your demat account, there are a few things you should know.
No, it is not possible to close your Demat account Online. For closing Demat account, you need to follow a few simple steps: First, fill out the Account Closure Form. Once filled, you need to visit the DP's office (it can be a bank or any investment firm) and submit the closure form with all the necessary documents.
Get 'Indiabulls Securities Demat Account Closure Form' from the branch office. You can also download it from the website at Customer Care>>Downloads.
Get 'Indiabulls Securities Demat Account Closure Form' from the branch office. You can also download it from the website at Customer Care>>Downloads.
It's also completely free! Before you close your demat account, there are a few things you should know.

People also ask

After some time, your demat account is declared a dormant account (inactive). This means you can't do any transaction until it's reactivated. To reactivate, you have to pay the reactivation fee (~ Rs 500) and clear all the dues (AMC + interest).
Synopsis. The demat account can be closed by the individual once the balance of the account becomes zero.
It's also completely free! Before you close your demat account, there are a few things you should know.
Synopsis. The demat account can be closed by the individual once the balance of the account becomes zero.
Closing a demat account involves visiting the DP office or branch by any of the demat account holders and submission of requisite form and documents. The account holder can download the application form from the website of the depository participant or DP.

indiabulls securities customer care