Angel account closure form 2025

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  1. Click ‘Get Form’ to open the angel account closure form in the editor.
  2. Begin by filling in your details in block letters. Start with the 'Account Holder’s Details' section, including your DP ID and Client ID.
  3. Provide the names of all account holders as applicable, ensuring accuracy for each holder listed.
  4. In the 'Address for Correspondence' section, enter your complete address, including city, state, and PIN code.
  5. Indicate any remaining security balances in your account and select a reason for closing the account from the provided options.
  6. If applicable, fill out details regarding any balances that need to be rematerialized or transferred to another account.
  7. Finally, ensure all signatures are included where required before submitting the form for processing.

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Angel broking demat and trading accounts are deleted by submitting an account closure request in paper format. The Angel One account cannot be close online, on-call or via email. You are required to submit a signed paper form to close the account. Print, Fill and sign it.
To close your Demat account, first ensure that all holdings are cleared and there are no outstanding dues. Then, request a closure form from your Depository Participant (DP), fill it in accurately, attach the necessary documents (such as a copy of your PAN card and client ID), and submit the form.
Angel One Trading Account: Account Dormancy and Reactivation It acts as a link between a bank account and a Demat account, making stock trading hassle-free. However, if there is no transaction on a trading account in any of the segments for more than 1 year or 365 days, it becomes Dormant.
Condition before closing a trading account All balances must be settled, and there should be no negative balance. Account closure will not be allowed in case of a negative balance. All trading positions must be squared off. There are no active SIPs or Mutual Funds linked to the account.
A Demat account does not close on its own unless specific conditions are met. Typically, these accounts remain active even if dormant for years. However, under certain circumstances, such as prolonged inactivity or regulatory mandates, a Demat account may be closed automatically.