How do I close my Paytm money demat account?

If a person's account is unused and not used for trading and investing in securities. Rather, it is recommended to either use the account for its intended purpose and take advantage of Paytm Money's wide range of offers, products and features, or alternatively, close the account.

The request for closure of a demat account must be made through a physical account closure form, accompanied by a written request for such action.

The request form must be duly completed and signed by the account holder and submitted to the broker's office. It should also be noted that there must be no outstanding debts on the account.

Interestingly, clients can temporarily suspend their account while they are not using it, or close it permanently. This must also be noted in the application.