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Closure of Demat Account

If you want to close your demat account, you need to make a request for it in the prescribed form. The account closure form is available at any ICICI Bank Branch providing Demat services. Please submit the duly filled-up form at the nearest ICICI Bank Branch providing demat services.

Before submitting the form, please ensure that:

  • EITHER there are no holdings in the account OR you have requested transfer of all the holdings present in the account in the account-closure form
  • You have paid all your dues.


The charges for transfer of securities on closure of the account are the same as those for normal transfers. Earlier the NSDL portion was waived; but now NSDL has withdrawn the waiver.

Demat Closure Form