How to close a Demat / Trading Account Online?
Client Can close his/ her account with KIFS, when there is Individual single holder with no pending payments or holdings in the account, a request can be raised with KIFS to close the Demat and Trading account online.
The process to close a Trading / demat account in case of account closure:
Step 1 – Login https://backoffice.
Step 2 – Go to Request – Online account closure.
Step 3 – Select account that there are no shares in the account and it does not have any outstanding payment.
Step 4 – Select Reason for account closure
Step 5 – Esign (Aadhar based) your account closure request.