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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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4 Comments

4. विक्रम सिंह मौर्य   I Like It. |Report Abuse|  Link|Jun 22, 2022 2:34:57 PMReply
मेरे पास पैसा नहीं है इसलिए मैं अपना अकाउंट बंद करना चाहता हूं इसे समझने का प्रयास किया फिर भी मेरे को समझ नहीं आया पैसा लगा कर देखूं इतना पैसा नहीं है
3. Yogendra Singh   I Like It. |Report Abuse|  Link|Jun 8, 2021 10:16:45 PMReply
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.
3.1. Muhsin   I Like It. |Report Abuse|  Link|Feb 10, 2022 12:10:57 PM
is this issue solved? Im also having same this problem
2. Mahesh Reddy   I Like It. |Report Abuse|  Link|Sep 3, 2021 12:50:10 PMReply
We have to fill the data in colour or black and white sheet
1. Abhilash PB   I Like It. |Report Abuse|  Link|Jun 11, 2021 9:35:14 PMReply
I couldn't reach official website of Paytm. When I click, just opening Paytm App where we couldn't get closure form
1.1. Rahul Sharma   I Like It. |Report Abuse|  Link|Jun 23, 2021 12:25:46 PM
You will find all forms here:

https://www.paytmmoney.com/stocks/customer/download-center