POSTED BY March 11, 2014 11:28 am ONE COMMENT
ONI have a fullerton Demat account from past 2 yrs (www.fullertonindia.com/). Now fullerton Online Demat account service is not available. I want to close this account and switch to other company.
Whether I need to sell all the shares or I can transfer to new account? What is the procedure?
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Dear Vishal, you need to transfer your existing demat holding from this old account to the new account first. So please open a new demat account and get the holdings transferred to new account. Only after that you can close this account.
Thanks
Ashal