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

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 time of account opening or separately, IIFL Can debit the shares from your demat account to settle the pay-in obligation


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    • 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 the process to submit a POA/DDPI?

      You can update POA/DDPI using the below steps- Online Process- Log in to https://ttweb.indiainfoline.com/Trade/Login.aspx >> My Account >> Profile >> My Details >> Demat Details >> DDPI Authorization >> Authorize Now (follow the authorization process ...
    • What is E DIS facility ?

      Electronic Delivery Instruction Slip or eDIS is a facility which allows you to sell shares when you have not submitted your Power of Attorney (POA). Please note: You can only sell the stocks you are holding in your linked Demat account. You may ...
    • What is Video IPV & when its needed?

      Video IPV is a simple and secure way to verify customer’s identity through a live video call. This is a necessary step for accounts where your details in KRA does not match with details provided to IIFL Capital for account activation or modification.
    • How client can sell stocks without POA?

      Steps to enable e-DIS facility through IIFL Markets App 1. Client need to login to IIFL Markets App with Valid credentials 2. Once client logged in successfully , he need to go to Portfolio section and click on the button "Enable Selling˜ at the ...