Online DDPI–POA is applicable for Non-POA Active Individual clients. Suspended / Closed / Joint Holder / Non-Individual /Deactivated accounts are exempted from processing DDPI-POA online.
DDPI-POA is in place to provide authorization to ABM and depository participant to access your account to meet pay-in obligations for settlement of trades executed by you.
DDPI-POA will be limited only for two purposes:
• To transfer securities towards the stock exchange related deliveries or settlement obligations
• To pledge/re-pledge securities
Other transactions like Corporate Actions (Buyback, Takeovers, Delisting, etc), Mutual Fund & Rights Sell transactions, you need to authorize using CDSL TPIN and OTP/ e-DIS /POA (Ver-5)
Existing POAs will continue to remain valid till the time customer revokes the same.
In order to complete E-sign mobile number must be linked with Aadhaar.