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How to close IIFL Demat and Trading account?

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IIFL Demat and trading account can be closed by sending an account closure request form to the IIFL office. It takes 7 business days to close the account once the request is received by the broker.

Steps to close IIFL Demat and Trading Account

  1. Download the Account Closure Request Form.
  2. Fill in the below details:
    1. Tick on Both under 'Closure For'
    2. Date
    3. Login ID
    4. CDSL/NSDL Client ID
    5. Names of all the account holders
    6. Address of the primary account holder
    7. Reasons for closing the account
  3. Sign the form.
  4. Courier the signed form along with unused DIS slips to the nearest branch/head office.

Before submitting the closure form, ensure,

  • There are no outstanding dues in the account.
  • All the holdings are transferred from the Demat account.
  • All open F&O positions are squared off (if any).


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