Process to Close SBI Demat Account Online (just in 2 minute)

To close your SBI Demat Account Online, You will need to follow these steps:

1. Open SBI Securities official Website

2. Click on Login 

3. Enter your Client Code & Password 


4. Enter 4 digit otp which you received on your email / mobile number


5. Click on setting icon ( right corner)

6.Just click on "Close Account" option 


7. You will be able to close your demat account only if you fulfill all the terms and conditions mentioned below.

So Read all these term very carefully:

  • Nill Ledger Balance:
  • Nill Available Trading Limit
  • Nill DP (Demate Portfollio) Balance
  • Nil Mutual Funds Holding
  • Nill Equity /FNO/ Cuurency Position Trading
  • No Active SIP (Equity & Mutual Funds)

Summary of All Term

इन सभी टर्म का ये मतलब है कि 

  • आपके SBI Demat Account का Ledger Balance Nil मतलब कि जीरो होना चाहिए ( अगर आपका Demat Account का Balance Plus में है तो उसको Withdrawal कर लीजिए, और अगर Balance Minus में है तो उतने पैसे आप जमा कीजिए और उसको जीरो कीजिए )
  • अगर आपने कुछ शेयर/म्यूच्यूअल फण्ड  ख़रीद रखें हैं तो उनको आप बेच दीजिए। 
  • अगर आपने Demat Account से कोई SIP शुरू कर रखी है तो उसको cancel कर दीजिए। 

8. Select your reason "why you want to close account" & click proceed


9. Enter otp which you received on your email / mobile number


10. This is the whole process to close your account.

Now with in 3 days your account will be close

if not, please contact through SBI Helpline Email

Important Links

Close SBI Demate Account Click Here
Open SBI Demate Account  Click Here
Video से समझने के लिए  Click Here
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