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How to close the Groww Demat account?

Groww Account Opening

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You can close your Groww Demat account by submitting an offline closure request to the broker. A signed paper form for account closure is to be sent to the broker to close the account. The account cannot be closed online.

Steps to close Groww Demat account

  1. Download "Groww Account Closure Form" available on the Groww website.
  2. Fill in all the required details like Client ID, Name, and address of the account holder and reason for the closure.
  3. Tick on Closure for Demat and sign the form.
  4. Send the duly filled form to the address mentioned on the form.

Points to Note:

  • Groww takes 10-15 business days to close the Demat account after the closure form is received by the company.
  • There should be no holdings in the account. Transfer or sell your holdings before submitting the Demat account closure request
  • No trades should be executed from your account after the closure request is initiated.

 

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