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Get the free Demat Account Closure Request Form - finquest

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INQUEST SECURITIES PVT LTD. 602, BOSTON HOUSE, SURE ROAD, ADHERE E, Mumbai 400 093. TEL. NO. 40002600 / 2601 SEMI REIGN. No. INDY CDSL3802006 ACCOUNT CLOSURE FORM Application No. Date Closure Initiated
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How to fill out demat account closure request

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How to fill out demat account closure request:

01
Obtain the demat account closure form from your depository participant (DP) or download it from their website.
02
Fill out the form accurately and completely. Provide your personal details such as name, address, contact information, and PAN (Permanent Account Number).
03
Mention your demat account number and DP ID (Depository Participant ID) in the form.
04
Specify the reason for closing the demat account in the designated section.
05
Sign the form and ensure all necessary documents, such as self-attested copies of your PAN card, identity proof, and address proof, are attached.
06
Submit the completed form and documents to your DP or follow their specific instructions for submission.

Who needs demat account closure request:

01
Individuals who no longer wish to maintain a demat account and want to close it.
02
Investors who have multiple demat accounts and want to consolidate them.
03
Individuals who are dissatisfied with their current DP's services and want to switch to another DP.
04
Investors who have ceased investing in securities and want to terminate their demat account to avoid maintenance charges.
05
Individuals who have changed their residence or contact details and prefer to close their existing demat account instead of updating the information.
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A demat account closure request is a formal request made by an account holder to close their dematerialized account.
Any individual or entity who wishes to close their demat account is required to file a demat account closure request.
To fill out a demat account closure request, one must contact their depository participant and follow their specific procedure for account closure.
The purpose of a demat account closure request is to officially close the dematerialized account and cease any further transactions on it.
The demat account closure request must typically include account holder details, account number, reason for closure, and any other required information by the depository participant.
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