Prerequisites for Closing Your Zerodha Account
Before initiating the closure process, Zerodha requires you to meet these conditions:
- Zero Balance: Ensure your account has no negative balances. Clear any outstanding dues.
- Empty Demat Holdings: Sell all the stocks and securities in your demat account or transfer them to a different demat account with another broker.
How to Close Zerodha Account?
Zerodha is one of India’s most popular discount brokerages, known for its low-cost trading platforms. However, if you decide it’s time to move on, closing your Zerodha account is a relatively straightforward process. Here’s a comprehensive guide on how to do it, including reasons you may choose to close your account and the steps involved.