How to close a Corporate Account at Firstock?
To close a non-individual account with Firstock, follow these steps based on your account type:
Account Closure Requirements
Submit the hard copy of the Account closure form (PDF) with the company seal and the signature of the director or authorized signatory as per the board resolution submitted during account opening.
Email scanned copies of all documents to sales@firstock.in for initial review. Once reviewed and approved, courier the physical copies to:
FIRSTOCK, No 350, 1st floor, 36th A Cross, 7th Main Rd, 5th Block, Jayanagar, Bengaluru, Karnataka 560041.
Important Notes
- Accounts with pending dues or negative balances cannot be closed.
- Ensure there are no securities in the demat account before initiating closure. Holdings can be sold or transferred to another demat account & funds withdrawn
- Locked-in shares, government securities, and mutual funds can only be transferred to a CDSL demat account held by the same account holder.