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How to close IIFL Demat account online?

IIFL Securities Account Opening

Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

IIFL Demat account closure process is completely offline wherein you have to fill and submit a physical form. IIFL does not allow/offer online closing of the Demat account.

It is advisable to close your Demat account if you're not using it, to avoid paying AMC and other charges.

Steps to close the Demat account:

  1. Download the account closure form from here by selecting the right option.
  2. Fill all the required information like client ID, DP ID, name, address, and the reason for closing the account.
  3. All account holders must sign the form.
  4. Submit the form to the nearest branch or post it to the address provided in the form. It takes about 7 to 10 days to process the account closure request.

Key Points to remember:

  • Clear all your pending dues as the company may reject the account closure request.
  • Transfer any securities held in the IIFL Demat to another Demat account.
  • Submit the unused DIS (delivery instruction slip) to the DP.

 

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23 Comments

23. rahul falke   I Like It. | Report Abuse |   Link | Jun 26, 2022 1:35:46 AM Reply
dear sir
plase close my iifl account due to not use
22. shaikh shadab bashir   I Like It. | Report Abuse |   Link | Jun 16, 2022 6:25:36 PM Reply
Hi
Dear IIFL Team,
Sir & Madam
My Iifl Demat & Trading account closed
I am not use this account
21. Simmi rawat   I Like It. | Report Abuse |   Link | Sep 28, 2021 3:16:08 PM Reply
Dear sir/ mam
Plz close my iifl demat account.
Plz
21.1. Adaliya chetanbhai rameshbhai   I Like It. | Report Abuse |   Link | Jun 6, 2022 6:25:03 PM
My demat account close pleaseem
20. PRODIP ADHIKARY   I Like It. | Report Abuse |   Link | May 31, 2022 6:12:57 PM Reply
Hi
Dear Team Sir & Madam
My Iifl Demat & Trading account closed
I am not use this account
19. Suponseng   I Like It. | Report Abuse |   Link | May 4, 2022 4:47:14 PM Reply
Dear Sir & Madam
Please close my iifl account I am not using this account
18. Pratibha Lodhi   I Like It. | Report Abuse |   Link | May 4, 2022 12:18:50 PM Reply
I want to close my IIFL account.
17. Pratibha Lodhi   I Like It. | Report Abuse |   Link | May 4, 2022 12:17:53 PM Reply
I want to close my IIFL account.
16. Abhishek Mishra   I Like It. | Report Abuse |   Link | Apr 8, 2022 10:51:21 AM Reply
I want close my IIFL account
15. Devisingh Chauhan   I Like It. | Report Abuse |   Link | Apr 1, 2022 4:49:57 PM Reply
Hi
Dear Team Sir & Madam
My Iifl Demat & Trading account closed
I am not use this account
14. Nillu Tiwari   I Like It. | Report Abuse |   Link | Dec 3, 2021 5:52:43 PM Reply
I want close my account
14.1. Ashutosh Mishra   I Like It. | Report Abuse |   Link | Mar 25, 2022 6:25:07 PM
My IIFL Account close
13. Sachindev gautam   I Like It. | Report Abuse |   Link | Feb 19, 2022 10:00:11 AM Reply
Hi
Dear Team Sir &Madam
My Iifl account closed
I am not use this account
12. Goyani Hemil   I Like It. | Report Abuse |   Link | Feb 18, 2022 3:08:47 PM Reply
Hii
Dear Team sir/Madam
My IIFL account closed
I am not use this acount
11. Nikhil Kumar Mondal   I Like It. | Report Abuse |   Link | Feb 11, 2022 2:45:42 PM Reply
Dear sir
Please close my account
10. Khandu sakhahari dagale   I Like It. | Report Abuse |   Link | Jan 29, 2022 8:08:27 AM Reply
Hi sir maydam please close my iifl demat account
9. Shakshi saini   I Like It. | Report Abuse |   Link | Dec 13, 2021 5:13:41 PM Reply
Hii
Dear Team sir/Madam
My IIFL account closed
I am not use this acount
9.1. Sunny   I Like It. | Report Abuse |   Link | Jan 7, 2022 3:54:34 PM
HI
DEAR SIR /MAM
PLEASE CLOSE MY IIFK ACCOUNT
I AM NOT USE THIS ACCOUNT
8. Ravikant Prakash Undre   I Like It. | Report Abuse |   Link | Nov 30, 2021 4:55:29 PM Reply
I have no fund
7. Ravikant Prakash Undre   I Like It. | Report Abuse |   Link | Nov 30, 2021 4:54:18 PM Reply
I have no fund
6. Sunny kuma   I Like It. | Report Abuse |   Link | Oct 21, 2021 5:20:46 AM Reply
Dear Sir
Please close my iifl account I am not using this account
6.1. Ravikant Prakash Undre   I Like It. | Report Abuse |   Link | Nov 30, 2021 4:52:09 PM
I have no fund
5. Shubham Satish Dhaware   I Like It. | Report Abuse |   Link | Sep 4, 2021 1:22:30 PM Reply
Dear Team Sir &Madam
My Iifl account closed
I am not use this account
4. Shubham Satish Dhaware   I Like It. | Report Abuse |   Link | Sep 4, 2021 1:21:46 PM Reply
Dear Team Sir &Madam
My Iifl account closed
I am not use this account
3. PRAVIN NIKHADE   I Like It. | Report Abuse |   Link | Aug 26, 2021 7:00:21 AM Reply
Dear Team Sir &Madam
My Iifl account closed
I am not use this account
2. Arjun   I Like It. | Report Abuse |   Link | Aug 22, 2021 8:19:58 PM Reply
Hi
Dear Team Sir &Madam
My Iifl account closed
I am not use this account
1. Ennas Ali   I Like It. | Report Abuse |   Link | Aug 18, 2021 10:28:57 AM Reply
Hi
Dear Team Sir &Madam
My Iifl account closed
I am not use this account