1. Fill in the attached Original Account Closure Form
Tick Closure Initiated by BO
"Reason for closing the account?: To be filled as "Closure of Depository Participant"
"Balance remaining (if any) in the account": Check box to be ticked - "Transferred to another account"
2. Client Master Report (for the DP a/c to which the holdings are being transferred) duly attested by your Depository Participant, to be sent in along with the Account Closure Form. In case you do not have any other demat account, you may visit the SEBI website for details of Depository Participants.
In case the holding pattern in the account you are transferring the shares is different, you would need to do an off-market transfer through submission of executed Delivery Instruction Slip (DIS). Please do consult a chartered account for information on the tax implications, if any.
We request not to hand-over any blank Delivery Instruction Slips/ blank Cheques for transfer of de-mat holdings/ settlement of dues to anyone representing/ claiming to represent HISL. Please do ensure that all details are properly filled and in case of cheques / DIS, these are drawn in favour of "HSBC InvestDirect Securities (India) Limited".
In case you do not have any other Demat account in your name with other DP and wish to transfer the shares to Demat account of any other person, please provide the Delivery instruction slip (DIS) along with the closure request letter.
FAQs in respect of investment in mutual funds and insurance
Toll-Free Numbers (from 8 am to 5 pm): 1800-180-0003 (BSNL/MTNL) or
1800-103-0003 (Other service providers)
Customer Service Email ID: firstname.lastname@example.org ; OR write to
Ms. Amruta G, Head - Policy Servicing Department
Phone: +91 124 4535000 Ext. 5311
Address: Canara HSBC OBC Life Insurance Co. Ltd.
Unitech Trade Centre, 2nd Floor, Sushant Lok,
Phase - 1, Sector - 43, Gurgaon, Haryana - 122 009