We have seen when we have to open an account with any brokerage firm we get numerous avenues. But when we want to close the same due to any issue we don’t get concrete information on the closure. Thereby, in this series, I will try to bring the information for Demat account closure for our Top Brokerage firm so that as a customer you don’t end up paying a huge maintenance fee otherwise it will dig a big hole in your pocket. So let’s cover ” How to Deactivate Angel Broking Account Online?”
How to Deactivate Angel Broking Account Online?
Well, so far there is no option to close the Angel Broking Account digitally. It’s still the old way of submitting an account closure form at the branch and then getting it closed. You can close this account by dropping a mail or calling the helpdesk number. Think twice before you open an account with Angel Broking Firm. Gone are the days when you have to visit the branch in person and submit hard copies.
But still, if you hold an account with Angel Broking and are not satisfied with their services please follow the below Offline process to avoid losing your money:
- Fill out the enclosed account closure form and get it duly signed by all the account holders in the presence of the depository participant official.
- Provide the reason for account closure in the application request.
- Provide a copy of KYC documents for Identity & Address Proof.
- Fill out the delivery instruction slip in case of transfer to securities to another account of yours.
- If DIS is submitted then fill client master report from the central depository to transfer the proposed holding along with the relevant stamp, signature, and logo.
- Now submit all the documents stated above to the nearest branch of Angel broking to get your account closed.
Also, Read How to Deactivate ICICI Demat Account Online?
Hope sooner, the firm understands the pain of the customer and opens the path for the online process as well.
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