How to close Motilal Oswal Demat account?

Motilal Oswal Demat account can be closed by submitting the duly filled paper form to the nearest Motilal Oswal office.

Steps to close the Motilal Oswal account:

1. Download the account closure form.
2. Fill the closure form with the below details:
   1. Client ID.
   2. Trading Code.
   3. Names of the account holder.
   4. Address of the account holder.
   5. Reasons for closing the account.
3. Send the form to their head office or physically submit it to the nearest office.

Please ensure there are no holdings and negative balances in your account before initiating the account closure request.

If there are any securities in your account, either sell them or transfer them to another Demat account by submitting an off-market instruction.

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