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Is it necessary to close brokerage accounts

Discussion in 'Brokers' started by farazzeya, Sep 29, 2017.

  1. farazzeya

    farazzeya Member

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    hi
    i have demat account in icici, zerodha, sharekhan, angel.. i use only zerodha and icici... is it necesaary to close rest i have mailed but they havent closed it

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    farazzeya, Sep 29, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    It is a good practice and just emailing them isn't the process to close. If you don't close them, they may charge your account for demat charges every year and it may say as negative balance after sometime. They will then close only if you pay the charges.
     
    shabbir, Sep 29, 2017
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