Closing your account in Upstox online can take 3 – 4 working days. Before initiating the account closure process, ensure the following
- You don’t have any securities (equity and mutual fund holdings) in your Upstox demat account. If you have any, sell them off before filling out the application.
- You shouldn’t have any outstanding negative balance or dues in your account.
- When applying for an account closure request, you shouldn’t have any open trade positions.
The account closure is straightforward and can be done online through their website and app.