How to close 5paisa account?

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Are you a day trader?

If you are not using your 5paisa trading and demat account, it is suggested to close it to avoid AMC changes and misuse of the account. Note that the account closure process is not online. You have to download a paper form, print it, fill it, sign it and send it to 5paisa.

Steps to close 5paisa account

  1. Call 5paisa or email at support@5paisa.com to inform.
  2. Download the 5paisa Account Closure Request Form.
  3. Print, fill and sign the forms as per instructions.
  4. Send the paper form to the address provided.

Note:

  • Close all open F&O positions and sell or transfer your demat holdings before sending the closure form.
  • Clear all dues in your account i.e. AMC.
  • Keep a copy of the filled form you sent for reference.
  • Make sure to follow-up for account closure.



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