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How to close ICICIdirect trading and Demat account?

ICICIdirect Account Opening

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ICICIdirect Trading and Demat account cannot be closed online. You need to submit two separate closure forms for the Trading and Demat accounts.

Steps for closing the ICICI Direct trading and Demat account:

  1. Go to www.icicibank.com > Others >Form Centre (at the bottom of the page)> Personal Banking > Demat > Form for Closure of Demat / Trading Account
  2. Download the Trading account closure and Demat account closure forms.
  3. Fill these forms with all the required information.
  4. Submit the form to your nearest ICICI bank Demat branch

It may take around 7-10 working days to close the account after form submission.

Before submitting the form, please make sure that:

  • All the holdings are either sold or transferred from your account.
  • There are no outstanding dues.
  • All open positions are closed.

 

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