Account Closure
If you wish to close your Demat and/or Trading account with Latin Manharlal Securities Pvt. Ltd., please follow the steps outlined below.
Steps for Account Closure
Submit a Written Request
Submit a written request for account closure on a plain paper or the prescribed form, signed by all account holders, to your nearest branch or the head office.
Clear Pending Obligations
Ensure all pending transactions, dues, and charges are settled. Any open positions must be squared off before the closure process can begin.
Transfer Securities
If you hold securities in your Demat account, provide instructions for transferring them to another Demat account or request a rematerialization.
Receive Confirmation
Once all obligations are cleared and securities transferred, you will receive a confirmation of account closure from our back office team.
Refund of Balance
Any remaining credit balance in your trading account will be refunded to your registered bank account after deducting applicable charges, if any.
Contact for Account Closure
For any queries related to account closure, please contact:
- Phone: 022-40350106
- Email: virendra.pednekar@lmspl.com