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How to close the Nirmal Bang account?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

You need to submit a signed account closure form to Nirmal Bang's office to close your demat and trading account. The account cannot be closed online.

Steps to close Nirmal Bang account

  1. Visit the Nirmal Bang website and go to Support Center.
  2. Click on Customer Service Forms.
  3. Go to Trading Account closure.
  4. Click on combined account closure to download the Nirmal Bang Account Closure form.
  5. Download the form, fill in the details and sign the paper form.
  6. Send the form to the address in the form.

Before submitting the account closure form, ensure:

  • There is no negative cash balance in your account.
  • There are no shares in your account.
  • If there are shares in your account, submit a DIS to transfer the shares to another Demat account along with the Client Master list of the beneficiary account.
  • If more than one person is holding the Demat account, all holders must sign the closure form.


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