How to Close Zerodha Account – Online & Offline Process

In 2020, Anurag, a 29-year-old software consultant in Pune, created an account on Zerodha. Because of the market volatility brought on by the pandemic, he was interested in entering the stock market at the moment. He made 147 transactions in 3 years, generated a 12.8% return on investment, and even recommended Zerodha to 5 friends. But by 2025, he had shifted his focus to long-term investing, and his mutual funds and NPS were sufficient.

Anurag decided to delete his Zerodha account to better organise his finances. He went to the Account section of the Zerodha Console (console.zerodha.com) and signed in, selecting Close Account. He downloaded the Account Closure Form, filled it out using his client ID, used Aadhaar eSign to digitally sign it, and emailed it to support@zerodha.com.

In 72 hours, he received confirmation that his account was closed, and no dues were pending. Clean exit, clean books. Anurag smiled, one less password to remember.

Things to Do Before Closing the Account

How to Close Zerodha Account Online?

To close your Zerodha account online, follow these steps:
 

1. Log in to Zerodha Console: Visit console.zerodha.com and log in with your credentials.
   
   
2. Go to Account Settings: Click on the 'Account' tab in the top-right corner.
   
   
3. Access Segments: In the dropdown menu, select 'Segments'.
   
   
4. Initiate Closure: Scroll down to the 'Account Closure' section and click on 'Close account'.
   
   
5. Provide Closure Reason: Select a reason for closing your account and click 'Continue'.
   
   
6. eSign the Closure Form: Click on 'Sign Now', enter your Aadhaar number, and authenticate using the OTP sent to your Aadhaar-linked mobile number.
   
   
7. Confirmation: After successful submission, you'll receive a confirmation email. Zerodha processes the closure within 72 working hours.

Important Notes:

• Ensure your account has no holdings, open positions, or pending orders.
• Clear any outstanding dues to facilitate the closure process.
• Download essential reports (e.g., contract notes, P&L statements) before initiating closure, as access will be lost post-closure

How to Close Zerodha Account Offline?

1. Download the Account Closure Form

Visit their website to obtain the official Zerodha Account Closure Form.

2. Fill Out the Form

Complete the form with accurate details:

• Client ID: Your unique trading ID.
• Demat ID: Your Dematerialised Account ID
• Reason for Closure: Specify why you wish to close the account.
• Signature: Sign the form to authenticate your request

3. Prepare Required Documents

If you have securities in your account and wish to transfer them:

• Client Master Report (CMR): Obtain this from your new depository participant (DP).
• Delivery Instruction Slip (DIS): Fill this out to authorise the transfer of securities.

4. Send the Documents

Mail the completed form and any required documents to:

Zerodha Broking Ltd.
 

 153/154, 4th Cross, Dollars Colony,
 

 Opp. Clarence Public School,
 

 J.P. Nagar 4th Phase,
 

 Bengaluru - 560078, Karnataka, India.

5. Processing Time

Zerodha typically processes offline account closure requests within 5–7 working days.

Important Notes:

• Clear Dues: Ensure there are no outstanding balances in your account.
• Transfer Securities: If you have holdings, transfer them to another Demat account before initiating closure.
• Permanent Closure: Once closed, the account cannot be reopened.
• Reopening: To resume trading with Zerodha, you will need to open a new account.

Example:

Anurag holds 100 shares of TCS in his Zerodha Demat account. He decides to transfer these to his new Demat account with another DP. He fills out the account closure form, signs it, and sends it along with the CMR and DIS to Zerodha's head office. After 6 working days, he receives confirmation that his account has been closed and the securities have been successfully transferred.

What Happens After You Submit the Closure Request?

Verification of Request

 Zerodha reviews your closure request to ensure all requirements are met, including:

• No open positions or pending orders
• Zero or positive account balance
• No holdings in your Demat account
  
  

If any discrepancies are found, Zerodha may contact you for clarification or additional information.

Processing Time
 

 Once your request is verified, Zerodha processes the closure within:

• 72 working hours for online requests
• 5–7 working days for offline requests

During this period, Zerodha will:

• Close your trading account
• Transfer any remaining funds to your linked bank account
• Deactivate your Demat account (if requested)

Confirmation of Closure

Upon successful closure, you will receive a confirmation email detailing the closure status and any final steps, if applicable.

Example:

Scenario: Anurag submits an online account closure request on Monday at 11:00 AM.

• Monday: Request submitted
• Tuesday: Request verified and processed
• Wednesday: Final checks and fund transfer initiated
• Thursday: Confirmation email received at 3:00 PM

In this example, Anurag receives confirmation of his account closure within 72 working hours, aligning with Zerodha's processing timeline.

Note: Processing times may vary based on account activity and the method of closure. For a smoother experience, ensure all account activities are completed before initiating the closure request.

Conclusion

Closing your Zerodha account is a simple process—be it online via eSign or offline by physical submission, given that your account is free of dues, holdings, and open positions. Ensure that you settle all balances, and download vital documents in advance. Zerodha shall process the request within 3 to 7 working days once submitted. Whether reducing complexity or changing brokers, a smooth closure results in a seamless financial switch.

Faqs

Q. Can I close my Zerodha account online? 

Yes, you can close it online through Zerodha Console if your account has no holdings or dues.

Q. How long does it take to close a Zerodha account?

It typically takes 72 hours for online and 5–7 working days for offline closure.

Q. Do I need to pay any charges to close my account?

No, Zerodha does not charge any fee for account closure.

Q. Can I reopen my Zerodha account after closing it?

No, you’ll need to open a new account if you want to use Zerodha again.

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