How to do a closure-cum-transfer of holdings at Zerodha

From WebNotes, a public knowledge base. Last updated 12 May 2026. Reading time ~9 min. Level: Intermediate.

Key facts

Time required	7–14 business days for full completion
Cost	Off-market transfer charges apply (Rs 25 + GST per ISIN); closure itself is free
Form required	Account closure form with CCT option selected; downloadable from support.zerodha.com
Target account	Must be a valid, active demat account at any DP (CDSL or NSDL)

A closure-cum-transfer (CCT) is a combined demat account operation that closes your demat account at Zerodha and simultaneously transfers all remaining holdings to a target demat account in a single process. It avoids the need to manually initiate individual off-market transfers for each scrip before closure. This is the recommended procedure for clients who are switching brokers and want to retain all their holdings at the new broker without selling.

This guide covers the CCT process at Zerodha, which is a CDSL depository participant (DP). The underlying regulatory framework is the SEBI Depositories and Participants Regulations, 2018.

Before you begin

Open and activate the target demat account at the new broker before initiating CCT. The target account must be fully KYC-verified and active. You cannot initiate CCT to a pending or unverified account.
Clear all open F&O, intraday, and carry-forward positions in the Zerodha trading account. CCT cannot proceed if there are active positions.
Clear all outstanding dues (margin shortfalls, AMC arrears, interest charges) in the Zerodha account.
Withdraw all funds from the Zerodha trading account. The CCT process transfers only demat holdings, not cash.
Confirm that no shares are pledged (for margin at Zerodha). Pledged shares must be unpledged first; they cannot be transferred as part of CCT until the pledge is released.
Mutual fund units held in demat through Zerodha Coin can also be transferred via CCT if the target DP accepts them.

Step 1: Open the target demat account

If you have not already done so, open a demat account at the broker you are switching to. Complete the KYC process and ensure the account is active. Obtain your new 16-digit BO ID from the new broker’s platform or from the CMR/CAS statement.

For CDSL-based target brokers, the BO ID is 16 digits beginning with the DP ID (8 digits) followed by your client ID (8 digits). For NSDL-based target brokers, the DP ID begins with IN followed by 6 digits, and the client ID is 8 digits.

Step 2: Settle positions and clear dues at Zerodha

Open positions: Log in to Zerodha Kite and verify the Positions tab shows no open trades. Close any open intraday positions before market close. If you hold open futures or options positions, close them by the relevant expiry or square off manually.

Outstanding dues: Check Console under Profile > Account history > Ledger for any debit entries representing AMC, interest on debit balance, DP charges, or other fees. Ensure the ledger balance is zero or positive. Add funds and clear dues if there is a debit balance.

Withdraw funds: Navigate to Kite > Funds > Withdraw and withdraw the full available balance to your linked bank account. Confirm receipt in your bank statement before proceeding.

Step 3: Download and complete the CCT form

Visit support.zerodha.com and search for “account closure form” or “closure-cum-transfer form”. Download the PDF.
Fill in:
- Client ID (your Zerodha BO ID / Client ID)
- Name as per account records
- PAN number
- Closure type: Select Closure-cum-Transfer (not plain closure or trading-only closure)
- Target demat account BO ID: Enter the 16-digit BO ID of the new broker’s demat account
- Target DP name: Full name of the target depository participant (e.g., HDFC Securities Ltd)
- Target DP ID: 8-digit DP ID of the target broker
- Target depository: Select CDSL or NSDL as applicable
- Reason for closure: Optional; “switching broker” is common
Sign the form in the designated box. The signature must match the one on record with Zerodha. If your signature has changed, submit a signature update first (see How to update signature on Zerodha).
If there are joint holders on the demat account, all joint holders must sign the form.

Step 4: Submit the form to Zerodha

By email (recommended): Scan the completed, signed form at a minimum resolution that makes all handwriting legible (300 DPI or higher). Email it to closure@zerodha.com with the subject line:

Closure-cum-transfer request – [Your Client ID]

Attach a self-attested copy of your PAN card. If there are joint holders, attach PAN copies of all holders.

By courier: Post the original signed form to Zerodha’s registered address:

Zerodha Broking Limited
#153/154, 4th Cross, Dollars Colony
J.P. Nagar 4th Phase, Bengaluru – 560 078

Zerodha acknowledges the CCT request by email within two business days of receipt.

Step 5: Zerodha initiates the transfer and closure

Once the CCT request is acknowledged and verified, Zerodha:

Freezes the Zerodha demat account for new transactions.
Initiates off-market transfer instructions via CDSL for all holdings in the account to the target BO ID. If the target is at NSDL, an inter-depository transfer instruction is submitted.
After all holdings are confirmed as transferred, Zerodha closes the demat account with CDSL and deregisters the BO account.
Sends a closure confirmation email.

The entire process takes 7–14 business days from the date of acknowledgement.

Step 6: Verify credit at the target broker

Log in to the target broker’s platform and check the holdings or portfolio section within 3–5 business days of receiving Zerodha’s acknowledgement. If all shares are not credited within 7 business days, contact Zerodha support with your CCT reference number for a status update.

CCT vs. manual transfer then close

Approach	Effort	Time	Cost
CCT (closure-cum-transfer)	Single form	7–14 business days	Off-market charges per ISIN + nil for closure
Manual off-market transfer per ISIN, then close	Multiple Easiest instructions + closure form	3–7 business days for transfers + 7–14 for closure	Off-market charges per ISIN + nil for closure

CCT is simpler if you have many ISINs, because Zerodha processes all the individual transfers internally rather than requiring you to submit them one by one on CDSL Easiest. However, manual transfer gives you more control over timing and allows partial transfers (if you want to keep some holdings at Zerodha and move others).

What can go wrong

Pledged shares not transferred: If any holding is still pledged at the time of CCT processing, those shares will not be transferred and may remain in a suspended state. Unpledge all shares before submitting the form.
Lock-in holdings deferred: Shares under a statutory lock-in (IPO allotment lock-in, ESOP lock-in) cannot be transferred until the lock-in expires. Zerodha will either transfer them after lock-in expiry or return them to your account. Clarify this with Zerodha support at the time of submission.
Incorrect target BO ID: If the target BO ID is entered incorrectly, CDSL will reject the transfer instruction. Zerodha will notify you of the failure. The process must then be restarted with a corrected form. Double-check the target BO ID before signing.
Mutual fund units in Coin: Mutual fund units held in demat form through Zerodha Coin can be included in CCT to another CDSL DP that accepts them. However, if the target DP does not support demat MF units (uncommon but possible), you may need to redeem and reinvest. Confirm with the target broker before proceeding.
Pending annual maintenance charges: If AMC for the current year has not been deducted and there is insufficient balance, Zerodha may pro-rate and deduct before processing CCT. Ensure a small positive balance is available for final charges.

References

SEBI, Depositories and Participants Regulations, 2018, Regulation 50–54 (account closure) and Regulation 38–40 (delivery instructions).
CDSL Operating Instructions, OI-00-047, Closure of Beneficial Owner Accounts, and OI-00-031, Off-Market Transfers.
SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/010, 6 January 2023, Streamlining of demat account operations.
Zerodha Support, “How to close my Zerodha account and transfer shares”, support.zerodha.com (accessed May 2026).

WebNotes Editorial Team prepares factual how-to guides based on publicly available regulatory documents and broker disclosures. WebNotes is not affiliated with Zerodha Broking Limited. Procedures and charges are subject to change; verify current requirements at support.zerodha.com before acting.

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WebNotes Editorial Team

The WebNotes Editorial Team covers Indian capital markets, payments infrastructure and retail investor procedures. Every article is fact-checked against primary sources, principally SEBI circulars and master directions, NPCI specifications and the official support documentation published by the intermediary in question. Drafts go through a second-pair-of-eyes review and a separate compliance read before publication, and revisions are tracked against the SEBI and NPCI rule changes referenced in the methodology section.

Last reviewed: 12 May 2026
Conflicts of interest: WebNotes is independent. No relationship with any broker, registrar or bank named in this article.