How to close ICICI Direct account?

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Are you a day trader?

The ICICI Demat account can be closed easily by submitting a signed paper form to the ICICI branch. The process of closing the account is offline. You cannot close the account by email, phone or online through its website.

Once the form for account closure is received by the bank, an SMS is sent to you with an account closure request number. This unique ID can be used to track the account closure request.

It could take up to 7 days to close the account with ICICI Direct. There are no changes for account closure. You will get confirmation SMS once the account is successfully closed.

Steps to close ICICI Direct account

  • Download the Account Closure Form
  • Print, Fill and Sign it.
  • Submit it to the nearby ICICI Direct branch.
  • Or send it to the address in the form.

Note:

  1. Pay all your dues before submitting the form.
  2. Close all your open positions and transfer your securities.
  3. Accounts in the suspended cannot be closed. Reach out to the customer care to reactivate the account first.



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