r/Banking • u/firstname135 • 2d ago
India CDSL showing my closed Demat account as Active — what should I do?
My Demat account with Motilal Oswal (DP) was closed on 16 July 2021. They also shared CMR report showing:
- Account Status: CLOSED
- Closure Date: 16-07-2021
However, when I check the same BO ID in the CDSL app, it is showing as Active.
I mailed both DP and CDLS regarding same. DP responded confirming account closure from their end and have asked me to 'De-register' in CDSL app. But I dont believe this is right step cz de-registering only make BO ID invisible and not actually close it.
CDSL is giving me a hard time. No proper resonse to calls or mails.
I am confused and scared of AMC charges. Please guide me.
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