Can we activate POA for demat debit

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• Can we activate POA for demat debit

  You can not activate POA now for settlement and margin pledge transactions. Existing clients which already had POA mapped will continue to be valid.

• Can we activate POA if a client is having debit in his demat account ?

  You can not activate POA now for settlement and margin pledge transactions. Existing clients which already had POA mapped will continue to be valid.

• Can we activate POA if a client is having debit in his demat account ?

  You can not activate POA now for settlement and margin pledge transactions. Existing clients which already had POA mapped will continue to be valid.

• How to activate Karvy demat account suspended for debit ?

  You need to send filled and signed scanned copy of the Annexure for Karvy Demat Account (available on website) along with Tariff sheet (Included in the link) .

• What is power of attorney (POA) & why is it needed?

  Power of Attorney (POA) is a document that gives IIFL the authorization to debit your shares from your demat account whenever you sell your shares  to settle the pay-in obligation. On the base of POA (Power of Attorney) given & Signed by you at the ...