It seldom makes any sense to keep a Demat Account open when you are not going to trade in the future, or you wish to switch your broker. In this specific guide, we will help you on how to close Aditya Birla Demat account?
Here are some simple steps to close an Aditya Birla 2-in-1 Demat Account:
- Pay a visit to the nearest Aditya Birla branch office and ask for an account closure form. Alternately, you can download the Demat account closure form directly out of the Aditya Birla Capital website.
- Next, just fill the form with details such as the name of the account holder, joint account holders(if any), account number etc.
- You also need to fill up details regarding the reason behind this account closure request. Specifically, if you wish to transfer to a different broker then you need to give details of the new Demat account to which holdings of your Aditya Birla account need to be transferred.
- At last, don’t forget to sign the document before submitting it.
Clearly, these steps will help on how to close Aditya Birla Demat account. But there are some other points you need to keep in mind, such as:
- Keep in mind, that you don’t submit the closure request before closing all open positions.
- It is also mandatory for you to clear all dues such as pending AMC, otherwise, the account closure form is likely to get rejected.
- Also, make sure that you attach unused DIS along with the form.
Therefore, if you take care of the above-mentioned points, you will be successful in closing your Aditya Brila Demat account at the earliest. Oh, and in case you have any other queries related to brokers, trading platforms or anything that concerns the stock market, then you send us that query by filling up the details below.
