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 the use of POA?

  On the base of POA (Power of Attorney) given & Signed by client at the time of account opening or Separately, IIFL Can debit the shares from client’s demat account to settle the pay-in obligation.