How to close Motilal Oswal Demat account?

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As per the SEBI regulations, the DP will freeze your MOSL demat account if your account has remained idle for over 3 years and there are no transactions.
If you do not intend to use your demat account, it's advised to close it to avoid maintenance charges.

Before closing the account below things have to be taken care by account holder:

  1. There should not have any debit balance in your account. The account holder has to pay the outstanding dues to process the closure request.
  2. There should not be any stocks in demat account. If there are any, they have to transfer in other DP account.

To close the Motilal Oswal demat account:

  • The customer has to download the form from their website
  • Print it, fill it and sign it and submit it to your nearest branch

After submitting to the branch, they will take appropriate action to close the account. It normally takes 7 to 10 days to close your account. There is no account closing fee charged from Motilal Oswal.



16 Comments

Mitali Basumatary
16. Mitali Basumatary  Apr 3, 2021 18:57 I Like It. | Report Abuse Reply 0
Pls close my account
Gopal sharma
16.1. Gopal sharma  Apr 16, 2021 17:17 I Like It. | Report Abuse 0
Cloge acount
Mitali Basumatary
15. Mitali Basumatary  Apr 3, 2021 19:03 I Like It. | Report Abuse Reply 0
Pls close my account because I don't have time to do
Gopal sharma
15.1. Gopal sharma  Apr 16, 2021 17:15 I Like It. | Report Abuse 0
Sory acount cloge karna chata हु me merko motilal oswal nai chalana h
Rohit Prabhakar Madhavi
14. Rohit Prabhakar Madhavi  Mar 30, 2021 16:25 I Like It. | Report Abuse Reply 0
Plz close my account because I don't have time to to trade
ANIL MULANI
13. ANIL MULANI  Mar 8, 2021 12:07 I Like It. | Report Abuse Reply 0
Never open account in motilal oswal
Viththal Gulabrao Rajurkar
13.1. Viththal Gulabrao Rajurkar  Mar 13, 2021 08:40 I Like It. | Report Abuse 0
Yes very bakwas app n service
Shaikh Abdul Rahman
12. Shaikh Abdul Rahman  Mar 5, 2021 17:17 I Like It. | Report Abuse Reply 0
I want close my account
Siddhesh bandre
11. Siddhesh bandre  Jan 1, 2021 13:50 I Like It. | Report Abuse Reply 0
I want to close my account
Sambhaji pandurang kasabe
11.1. Sambhaji pandurang kasabe  Feb 11, 2021 12:14 I Like It. | Report Abuse 0
Please close my account
kumar
11.2. kumar  Feb 21, 2021 17:48 I Like It. | Report Abuse 0
Please close my account
I dont No share market
Please close to my account
muddassir i a
10. muddassir i a  Feb 16, 2021 11:15 I Like It. | Report Abuse Reply 0
close my account because of not access my account
GUJJA MAHESH
9. GUJJA MAHESH  Feb 13, 2021 12:21 I Like It. | Report Abuse Reply 0
Plz close the account because I didn't have time to tread
Abhishek Gunjal
8. Abhishek Gunjal  Feb 6, 2021 12:30 I Like It. | Report Abuse Reply 0
Mera Motilal Oswal account delete kar do
Sreekar
7. Sreekar  Feb 3, 2021 17:32 I Like It. | Report Abuse Reply 0
I want to close my account
Sreekar
6. Sreekar  Feb 3, 2021 17:29 I Like It. | Report Abuse Reply 0
I want to close my account
Sitaram
5. Sitaram  Jan 17, 2021 11:11 I Like It. | Report Abuse Reply 0
I want to my account closed.
Ashok Badaik
4. Ashok Badaik  Jan 12, 2021 13:42 I Like It. | Report Abuse Reply 0
I want to close my account please
I don't have time to trade
Ashok Badaik
3. Ashok Badaik  Jan 12, 2021 13:41 I Like It. | Report Abuse Reply 0
I want to close my account please
Siddhesh bandre
2. Siddhesh bandre  Jan 1, 2021 13:50 I Like It. | Report Abuse Reply 0
I want to close my account
Vutukuri janardhan
1. Vutukuri janardhan  Nov 28, 2020 14:07 I Like It. | Report Abuse Reply 0
Plz close my account because I don't have time to to trade


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