What is the process to transfer shares of Karvy to outside IIFL, if I do not want to trade with IIFL?

What is the process to transfer shares of Karvy to outside IIFL, if I do not want to trade with IIFL?

In case of any balance in the account – The client will have to submit proper KYC documents to IIFL for activating the account (if not KYC compliant) and then submit documents for closure of account.

Click here for Annexure and Tariff Sheet

Click here for Closure letter



  In case of Nil holdings Demat account - If client do not wish to continue their demat account with IIFL, then they can close their demat account by either sending hard copy of account closure request letter to IIFL or by sending an email to IIFL at  from their registered Email ID to  wecare@iiflcapital.com.

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