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How to close Paytm Money Demat account?

Paytm Money Account Opening

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The Paytm Money account cannot be deleted or closed online. You are required to submit a physical closure form or submit a written request to initiate the closure or temporary suspension of the Paytm Money account.

Steps to delete/close the Paytm Money account:

  1. Download the Paytm Money account closure form available in the Download Centers from the company website.
  2. Fill in the details like client ID, name, and the reason for the closure.
  3. Submit the duly filled and signed form to the broker head office at the address mentioned on the form.

Before initiating the closure of the account, ensure to:

  • Clear all your settlement obligations; and
  • Transfer the securities, if any, lying in the Demat account to another Demat account.

For temporary suspension, you need to submit only a written request to the broker office.

 

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3 Comments

3. Mahesh Reddy  Sep 3, 2021 12:50:10 PM I Like It. | Report Abuse Reply
We have to fill the data in colour or black and white sheet
2. Abhilash PB  Jun 11, 2021 9:35:14 PM I Like It. | Report Abuse Reply
I couldn't reach official website of Paytm. When I click, just opening Paytm App where we couldn't get closure form
2.1. Rahul Sharma  Jun 23, 2021 12:25:46 PM I Like It. | Report Abuse
You will find all forms here:

https://www.paytmmoney.com/stocks/customer/download-center
1. Yogendra Singh  Jun 8, 2021 10:16:45 PM I Like It. | Report Abuse Reply
I do not understand, I am not able to do anything in this, whatever balance is there, it is getting deducted day by day, please close my demat account, you will have a great grace.