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How to activate and deactivate Securities Lending and Borrowing (SLB)?

To activate Securities Lending and Borrowing (SLB), Demat Debit and Pledge Instruction (DDPI) must be provided. To learn more, see What is Demat Debit and Pledge Instruction (DDPI), and and how to activate it online and offline?

To activate SLB, follow these steps:

  1. Log in to console.zerodha.com/account/slb.
  2. Click on the check box to accept the terms and conditions.
  3. Click on Submit.


To deactivate SLB, follow these steps:

  1. Print the account modification form (PDF).
  2. eSign the form and create a ticket. To learn how to esign, see How to eSign documents? Or Courier the physically signed form to:
    Zerodha,
    153/154, 4th Cross, J.P Nagar 4th Phase,
    Opp. Clarence Public School,
    Bengaluru - 560078

Sample copy of the physically signed form (PDF).

It can take upto 48 working hours to enable and disable SLB.