How to Close Yes Securities Account?

Closing the Yes Securities account is not a difficult process. However, there are certain things you must check before proceeding to have a hassle-free exit.

• All orders shall be closed and reflected as zero
• All positions shall be closed and  reflected as zero
• The holdings of your account should be nil.
• The account value should be nil. 
• The manage funds page too must be reflected as zero. If it is not nill, and either in plus or minus, your application can get rejected. 

Once you have checked the above-mentioned pages, you can proceed with the account closing process. 

Steps to Close Your Account Online

The steps for closing your Yes Securities account online are simple. Here are the steps you must follow:

How Do I Close My Yes Securities Account?

Step 1: Visit the official portal

Visit the link https://www.yesbank.in/support/form-centre and download the form to close your account. 

Step 2: Select the account closure form

You need to carefully look for the account closure form and download it in PDF format. 

Step 3: Fill the form

You need to mention all the necessary details carefully in the form. 

In this way, you can close your Yes Securities account.

Important Tip

The account closure form is a generic document used to close a person’s bank account or similar accounts. This makes it important for you to proceed with the account closure process for your Yes Securities account offline. 

It is advised that you visit the nearest branch and ask the branch manager to manually close only your Demat and trading account with Yes Securities. Doing so will help you gain satisfaction and peace of mind. 

Thus, it is advised to visit the branch to close your Yes Securities Account.