How to close Nuvama Wealth Demat Account?

If for any reason you are not satisfied with the broker’s services, then you can close your demat and trading account in Nuvama Wealth. The broker facilitates offline closure wherein you can get the demat account closure form by requesting your relationship manager or by visiting any of the nearest branch.

Once you get the form, furnish details like client ID, the reason for closure, etc., and submit the duly filled closure form to the broker. Before closing your account, you have to clear all the dues, sell all holdings or transfer it to another demat account, and withdraw the remaining balance in your Nuvama Trading account.