Closed demat account balance informed to exchange

Hi all,

     I had an account with Canara Securities. I did closed that account few months back. But still, I received a message from exchange saying that your broker canara securities reported account balance and so and so.

Is it ok or they haven’t closed it properly

If they have confirmed the account closure over email then it is fine. In most of the cases, the email from the exchange gets delayed. As in, account balance reported for the month of May, the mail will be delivered to the client by mid of June or by June end. Better you cross-check with the broker itself :slight_smile:

ok, thanks.