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What is Power of Attorney (POA)?

A POA is a document that allows a broker to debit shares from the demat account and deliver them to the exchange. Zerodha is no longer collecting POA from clients, as it has been replaced by Demat Debit and Pledge Instruction (DDPI) from 19th November 2022. Nothing changes for the clients who have already submitted a POA.

Submitting DDPI is optional. Clients can also use the CDSL TPIN to authorise the debit of securities. To learn more about DDPI, see What is Demat Debit and Pledge Instruction (DDPI), and how can it be activated? To learn more about CDSL TPIN, see How to generate the CDSL TPIN required to authorise the CNC sell transactions?