How do I close my 5paisa Account?
We understand that circumstances change, and you may no longer need your 5paisa account. Before we proceed with closure, our friendly customer support team is here to address any concerns and ensure you have a smooth experience. They might be able to help you find solutions that keep your account active.
However, if you're certain about closing your account, here's a step-by-step guide to close my 5paisa account
1. Login to the 5paisa app.
2. Tap the menu icon (three horizontal lines) on the top left corner.
3. Select your name displayed at the top.
4. Choose "Manage" from the options on the top right.
5. Under "Demat Account Details," tap "Close my trading account & Demat account."
Via the Web:
1. Login to your account at [5paisa.com]
2. Click on your profile icon located in the top right corner.
3. Select "Profile" from the dropdown menu.
4. Under "My Profile," click on "Demat Account Details."
5. Choose "Close my trading account & Demat account."
Important Steps Before Closure:
* Ensure your account balance is zero (₹0.00). This includes any debits or credits.
* Transfer or sell any holdings (stocks) in your Demat account.
* Redeem any mutual fund holdings.
* Close or square off any open trade positions.
What to Expect After Submitting the Request:
* Once you confirm the closure request, you'll be asked to provide a reason for closing.
* E-sign the closure form after completing all necessary steps.
* The closure process typically takes 7 working days.
If you have any questions or need assistance during the closure process, please don't hesitate to contact the 5paisa customer support team. We're happy to guide you through the steps and ensure a smooth experience.
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