icici demat account

Icici demat account sending sms of -826 fund it should close automatically or I should have to pay the 826 I am not using demat account since 1 year
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You have to submit apication for closure. They keep sending SMS

Benevolent Benevolent
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what if i have SGB in thr dmat.. can thaose be transfered to new dmat ?
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Wingman Wingman
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Your Demat Account INxxxxxx-XXXXXxx has been classified as ‘Dormant’ as no transactions have been carried out in the past 12 months. The Depository Participant reserves the right to close such dormant accounts.

We value your relationship with us. However, we shall proceed to close your account, unless we receive a response to this e-mail within 30 days from the date of receipt of this communication.

Ye mail pe message Aya hai to kya automatic close ho sakta hai kya

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If its zero yearly charge account yes they do after 3 to 5yrs. If not they keep adding yearly charges.

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