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Flat ₹20/trade Intra-day/F&O
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5paisa Account Opening
FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
Demat accounts attract annual account maintenance charges (AMC). So it is a good idea to close an inactive or dormant account. In case you have many accounts, you can merge all the securities into one account. This will help you save AMC and hassle of managing multiple demats.
Whatever be your reason for closure, you can close your Demat Account with 5paisa at any time. You don't have to pay any fees or charges for closing your Demat account. The process could take a few days as it's not online.
Before you start your 5paisa Demat account closure, you need to know 2 key facts:
Also, there are a few things; you should do before to speed up your account closure process:
Steps to close 5paisa Demat Account
Note
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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