How to close Wisdom Capital Demat Account?
- Asked By
- Updated On:21-Sep-2022
- Replies:1
Short Answer
You are required to download the account closure form found in Wisdomcapital's website, fill up the relevant fields and send it to the office address mentioned in the form.
Detailed Answer
Wisdom Capital Demat Account
Wisdom Capital was founded in the year 2013 and it is an online trading and brokerage platform. It boasts of its Demat account that can be opened and maintained at free of cost and get free lifetime services.
How to close Wisdom Capital Demat Account?
You are required to download the demat account closure form, fill up the relevant fields and send it to the office address mentioned in the form.
You can find the account closure form on Wisdom Capital’s website or download it here.
Wisdom Capital Demat Account Closure Form
Wisdom Capital Demat Account Closure
It is mandatory for you to fill in the following details:
- Your account number
- Your client ID
- If you wish to close both your trading and Demat accounts or just the Demat account
- If you wish to suspend or permanently close your account
- Reason for closing your account
- How you would like to treat your funds held within the account?
- The name of the depository participant
- The ID of the of the depository participant
- You and any of the joint owners are required to sign the form to validate the closure
Wisdom Capital Demat Account Closure - Things to keep in mind
- If there are any fees that is outstanding from your end to be paid to Wisdom Capital, it is important that you pay them in full before closing the account.
- It is important that you surrender any unused Delivery Instruction slips.
- If the account is owned by a company, it is vital for you to submit the board of resolution that is signed along with the company’s stamp
How to track your Wisdom Capital Demat Account Closure application?
Once you are done posting your closure form of your Wisdom Capital demat account, you can wait up to 5 working days to get an update.
- Helpline number: 0120 – 2472200. Make sure that you have important details such as your Demat account number, client ID, date of posting the form handy, while making a call to them.
- You can also mail them at info@ashlarindia.com from your registered email ID.
Closing your Wisdom Capital Demat Account
There are numerous avenues and advertisements, for you to find out how to open a Demat account. However, the trading companies shy away from being transparent in disclosing details on how to terminate your relationship with them. Hence, we have made an effort to guide you with the process.
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Discussion (0)
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