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315 days ago How to Close Sharekhan Demat Account Online in 2024?
Mayank Content Writer
This method helped me in closing my Demat Account online in Sharekhan!
Are you interested in knowing how to close Sharekhan demat account online? If yes, this article will share the best method to help you.
Due to limited services, I decided to close Sharekhan demat account. Within a few simple steps, my account was closed. Thanks to a YouTube channel that guided me properly. Earlier, I was doing online research and found complicated steps. Someone recommended me to watch the video to close the demat account in Sharekhan.
You don’t need to go to any platform as this article is the right place to know how to close Sharekhan demat account online. Moreover, you will learn about Brokerage and other charges at Sharekhan. So, read this article till the end.
You can also read this: How to Open Free Demat Account?
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How to Close Sharekhan Demat Account Online? Step-by-Step Guide
Want only a 100% working method? You come to the right place. I tried this method, and it worked perfectly. If you want to know how to close demat account in Sharekhan, follow these steps-
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Open the Sharekhan account with your login credentials on your mobile phone.
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Your second step is to go to the "My Accounts" or "Profile" and click on the "Account Closure" page.
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Now, you need to fill out the online account closure form by sharing the details like account number, registered account details, etc.
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After sharing all the details, verify it properly so that you will not face any trouble later on while closing the account.
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Your next step is to submit your form.
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The Sharekhan team will see all the information and might call you for more details. A user needs to wait for the confirmation.
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If there are outstanding dues, the Sharekhan team will let you know about it. Make sure to complete it on time.
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After completing the verification, the team will share a closure confirmation with you. The confirmation will be related to losing the Demat account.
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If there are physical securities, don't forget to collect them.
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The final step is to review your bank account by seeing that Sharekhan has closed any linked bank accounts.
How to Reactivate Sharekhan Account Online?
In case you want to reactivate your account again, will it be possible? Yes, of course! I have researched this method and found the easiest way to do it. Keep your eyeballs below if you are interested in knowing how to reactivate Sharekhan Account online:
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The first step is to log in to your Sharekhan trading account via mobile.
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A pop-up will appear on your screen, asking for a few essential details.
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After sharing all the details, click on "Reconfirm Now".
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Your next step is to share all the required KYC details.
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After completing the above steps properly, your demat account will be reactivated by Sharekhan.
I also made a Web Story on Stock Trading Books for Beginners to Learn. Check it out!
What are the Brokerage and Other Charges in Sharekhan?
If you are a newbie to Sharekhan and looking for brokerage and other charges, make sure not to skip the table in the middle. It will help you to find out how much they charge. Let's dig in-
| Segment | Brokerage Charges |
| Account opening charges | 0 |
| Research access across all segments | Free |
| Dial-N-Trade | Free |
| DP Annual Maintenance Charges | 0 for the 1st year |
| Change of Address | Free |
| Change of Bank | Free |
| Updation of Nominee | Free |
| Fund Transfer Charges | Free |
| Equity-Delivery brokerage | 0.30% on market rate or minimum 1 paisa per share |
| Equity-Intraday brokerage | 0.02% on market rate or minimum 1 paisa per share |
| Equity-Options brokerage | INR 20 per lot |
| Commodity-Options brokerage | INR 20 per lot |
| Currency-Options brokerage | INR 5 per lot |
| Futures brokerage (across Equity, Commodity & Currency) | 0.02% per transaction value |
About Sharekhan
Sharekhan was the first broker to introduce online trading in India. It has more than 130+ branches and 4000+ business partners. The name of Sharekhan’s full-service model is “Designed for the serious”. If you are looking for a comprehensive range of trading and investment solutions, Sharekhan is an optimal solution to help customers. It is even a reliable choice for all those who need facilities of portfolio management services, mutual funds, equities, futures and options, and the list goes on.
Conclusion
Don’t want any service from this online trading platform? Are you searching for how to close Sharekhan demat account online? I have given you the best method above that paved the way for closing your account online in Sharekhan. The process is not at all difficult if you follow the steps properly. The article also covers how to reactivate a Sharekhan Account online and what the latest brokerage and other charges are. Have you ever used this stock trading account? If yes, how was your experience? Do let me know in the comment section.
Frequently Asked Questions
Q1. How can I delete my dormant account in sharekhan?
A1. Delete your dormant account in Sharekhan by following these steps-
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Log in to the Sharekhan.
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Share the details and click on the "Reconfirm Now".
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Enter the KYC details and the process is completed.
Q2. Does dormant account close automatically?
A2. It will not get closed automatically as the Bank will ask the account holder first.
Q3. What are charges for closing demat account?
A3. There are no charges for closing a demat account.
About Author
Mayank
Content WriterI am a prolific writer and an avid reader. I am passionate about writing. Love to research, read, and explore the web world.
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