Demat Account Closure Letter – Demat Account Closing Letter Format

The Manager,
____________ (Name of the Company/Bank)
____________ (Address)

Date: __/__/____ (DD/MM/YYYY),

Subject: Application for Closing Demat Account having Client ID: _________ (Client ID)

Respected Sir,

I, ____________(Name) hold a Demat Account having ____________ (Demat Client ID/Customer ID) issued by your company. I am writing this letter to request you to close my demat account bearing ____________ (Demat Client ID/Customer ID). The reason for closure is due to ___________ (reason for closing demat eg. not required/ poor service/any other reason).

Demat details are mentioned below:
Client ID: ____________
Registered Mobile Number: ____________

Please return the leftover balance once Demat is closed through ____________ (demand draft/cash/cheque/NEFT) as per company norms. I am authorizing to debit charges from the linked account (if any)

As per requirement, I am enclosing demat ___________ (closure form, KYC, other documents if applicable) with the application.

Thanking you,

Kind regards,
____________ (Name)
____________ (Address)
____________ (Contact Number)

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