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What is the procedure for a death claim if the deceased’s account has no holdings and funds?

If in the deceased person’s account, there are no holdings or funds, then the successor or the nominee has to send an account closure (PDF) form with a copy of the death certificate to close the demat account permanently.

The closure form has to be sent to the following address

ATS Share Brokers Pvt. Ltd.
2gethr @ ORR, 1st floor, Tower B, Mantri Commercio,
Outer Ring Rd, Near Sakra World Hospital,
Kariyammana Agrahara, Bellandur, Bengaluru, Karnataka - 560103

The forms can be sent via post, registered post, speed post or courier.

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