How to Close Sharekhan Demat Account Online in 2024?

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-

• Open the Sharekhan account with your login credentials on your mobile phone.

• Your second step is to go to the "My Accounts" or "Profile" and click on the "Account Closure" page. 

• Now, you need to fill out the online account closure form by sharing the details like account number, registered account details, etc. 

• After sharing all the details, verify it properly so that you will not face any trouble later on while closing the account. 

• Your next step is to submit your form.

• The Sharekhan team will see all the information and might call you for more details. A user needs to wait for the confirmation. 

• If there are outstanding dues, the Sharekhan team will let you know about it. Make sure to complete it on time. 

• After completing the verification, the team will share a closure confirmation with you. The confirmation will be related to losing the Demat account. 

• If there are physical securities, don't forget to collect them.

• 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:

• The first step is to log in to your Sharekhan trading account via mobile. 

• A pop-up will appear on your screen, asking for a few essential details. 

• After sharing all the details, click on "Reconfirm Now".

• Your next step is to share all the required KYC details.

• 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

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-

• Log in to the Sharekhan.

• Share the details and click on the "Reconfirm Now".

• 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.