While we are talking about Demat Account closures, I might add my own experiences.
I recently submitted forms to close a Demat Account(with a large Indian pvt bank) at NSDL. This bank's demat department is not reachable via telephone, email or any other mean. The only means left is the branch RM, who has confirmed the closure of my Demat account.
But I am still able to logon to IDeAS NSDL completely normal and it nowhere it says it is closed. I have not received any official confirmation from NSDL or Bank's Demat deptt. In fact both are unreachable. And bank RM says account is closed.
Don't know what to do now. lost