Free Trading + Demat Account

How to close SBI demat account?



You cannot close or deactivate your SBI Demat account online. There are 2 ways to deactivate your SBI Demat account-

  • Visit and download the 'Account Closure Request- DP and Trading' form. Print, fill and sign it. Send it to the address provided in the form along with the requested documents.
  • Visit any of the SBI branches near you and ask for a Demat account closure form. Fill, sign it and submit it back to the branch along with requested documents.

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