How to close Paytm Money Demat account?

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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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