What is DDPI (POA)?

What is DDPI (POA)?

DDPI, short for Demat Debit and Pledge Instruction, is a formal authorisation mechanism introduced by SEBI to regulate the movement of securities from an investor’s demat account. It replaces the earlier Power of Attorney (PoA) arrangement that gave brokers wider discretionary powers, which, in some cases, led to misuse or unauthorised actions.

Under the DDPI system, investors can give limited consent to their broker or depository participant (DP) to perform specific tasks, such as:
  1. Selling shares from the demat account/settle payin obligation
  2. Pledging securities for margin or loan purposes
  3. Executing mutual fund transactions
  4. Tendering shares in buybacks or open offers

    • Related Articles

    • What is the process to submit a POA/DDPI?

      You can update POA/DDPI using the below steps- Online Process- Log in to https://markets.iiflcapital.com/ >> Click on the dropdown arrow at the top right corner >> Profile >> Demat Details >> DDPI Authorization >> Authorize Now (follow the ...

    • 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.

    • 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 ...

    • Client Karvy Demat Account is moved to IIFL how and when he can start trading?

      You would be required to activate a trading account of client in a very simple process. 1) First, kindly check this client lead is mapped under your code. If lead is not mapped under your code then kindly mail to oi@iifl.in along with client details ...

    • How client can sell stocks without POA?

      Steps to enable the e-DIS facility through the IIFL Markets App: 1. Log in to the IIFL Markets App with valid credentials. 2. Once logged in successfully, kindly go to the Portfolio section and click on the button "Actions" at the top of the page to ...