How to Deactivate ICICI Demat Account Online in 2022? | Application Form

How to Deactivate ICICI Demat Account Online in 2022?

ICICI Demat Account

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. Instead of providing this information this firm discreetly does not share this piece of information on their website. As a result, we as a customer run pillar to post to get this closed. 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 though you’re not using it or not required that account anymore. Therefore, in today’s article, we will cover “How to deactivate ICICI Demat Account Online?”

Recommended Articles

Face Value in IPO – How to Calculate Face Value or Nominal or Par value?

Lot Size in IPO – How to Calculate Lot Size? | Can I Modify IPO Lot Size?
Book Built Issue IPO – Process | Steps | Types | Pros & Cons
Price Band in IPO – How is the Price Band of an IPO Decided?
Undersubscribed IPO – What Happens if the IPO is Undersubscribed?
Listing Gains in IPO | Highest Listing Gain IPO in India
When Can I Sell IPO Shares? Can I Buy & Sell an IPO in the Same Day?
Types of Investors in IPO – What is the difference between RII, NII, QIB & Anchor Investors?
How Many Lots Can We Buy in IPO to increase the chances of an allotment?
Oversubscribed IPO

How to Deactivate ICICI Demat Account Online?


If you’re looking to close your Demat account with ICICI Bank then you need to follow these simple steps

  1. You can drop an email from your registered mail address to
  2. Mail should contain your DP ID and Client ID in the Subject Line.
  3. Attach the scan copy of the duly filled enclosed form for account closure along with self-attested copy of the Pancard.
  4. All account holder should sign this form as per ICICI Bank Records.
  5. Ensure there is no holding in the Demat account if any transfer it to another account. In addition, there should not be any outstanding charges to avoid rejection of the request.

Along with the Demat account, if you wish to close your trading account then fill out this form as well and drop a mail to with a User ID associated with ICICI Direct.

But before you submit this form ensure you have transferred all your holding to other accounts or there are no holdings. You should have cleared all your dues. The charges for the transfer of securities on the closure of the account are the same as those for a normal transfer.


Sovereign Gold Bond SBI
SBI Prepaid Cards
YONO SBI Registration
How to Create VPA in SBI?
SBI Express Remit Review
Plot and Construction Loan From SBI Bank
SBI Yono Digital Account
Locker Charges in SBI
SBI Loan Against FD

Offline Process

In case you’re not fulfilling the above conditions then you visit near ICICI Direct Branch for the closure of the Demat & Trading account. The attached forms you need to fill in and get signed by other account holders. After that, submit at the helpdesk of ICICI Bank Demat Branch. Your account closure request will be processed in the next 3-4 working days.

Also, Read Today’s New IPO Listing – How to Choose Best IPO for Investment?