How can the POA mapped to Zerodha be revoked?
To revoke the Power of Attorney (POA)/ Demat Debit and Pledge Instruction (DDPI) mapped to Zerodha, follow these steps:
If the account holder’s Aadhaar is linked to a mobile number, the POA can be revoked by sending an e-Signed POA revocation form (PDF). To know how to e-sign the form, See How can I esign documents on Digio?
Only individual account holders can use the e-sign process. Ensure the following:
- Print the POA revocation form, fill it along with the signature, scan it and then e-Sign the form.
- The form should be vertically aligned while creating the ticket.
After the POA revocation form is filled and e-signed, submit it by creating a ticket.
If the account holder's Aadhaar is not linked with a mobile number or if a client is a non-individual or joint account holder, the offline method must be used.
The POA revocation form (PDF) needs to be filled, signed and couriered to:
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078
It takes up to 5 working days to revoke the POA once Zerodha receives the form.
After the POA/DDPI is revoked, CDSL T-PIN must be used to sell shares from the holdings. See What is the CDSL TPIN and how do I use it to sell my stock holdings?