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How to deactivate Motilal Oswal demat account?

Motilal Oswal Account Opening

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To deactivate or close Motilal Oswal Demat account:

  1. If you have shares or other securities in your demat account, you will need to sell or transfer them to another account.
  2. Fill out the DIS slip to transfer the securities to another demat account.
  3. Clear all the dues or pending charges against the Demat account.
  4. Download the Demat Account Closure Form from the website. Take out a print of the same.
  5. Fill in the details accurately and attest to the required documents. Ensure that all the information provided and supported documents are correct.
  6. Send the Application form in a physical copy to the office of Motilal Oswal.
  7. There should not be any negative balance in the Demat account when applying for account closure.

 

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