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Q. Can I close my trading account while keeping my Demat account open, or vice versa?
Yes, it is possible to close the Trading account. If the Trading account is active, the Demat account can be closed only if:
- The Demat account is a standalone Demat account
- The Demat account is mapped as an addition to the client’s trading account, or the Demat account is mapped as an addition to the client’s trading account.
- We cannot close a Demat account that is mapped as the default with your trading account. You must map another DP account as the trading account’s default and then initiate Demat account closure.