How to activate POA for Your Demat Account ? What happens if I do not activate?
POA is not
mandatory. However, it is advisable to provide POA for seamless transaction
processing when you sell shares, apply for buyback, rights etc.
POA soft copy
is provided at the time of account activation on your registered email, this is
prefilled with your details. You may also write to email@example.com requesting a POA copy. We shall email you the
POA, print and fill in the details. Courier it to us, post receipt of the
hard copy we will map to your account.
How to Open Demat Account Offline
If you do not have Aadhar or it is not linked with your Mobile number, do not worry. We have Offline Account opening option as well. You need to follow below procedure: Step 1: Complete Online Account Opening Process. Step 2: Once documents are ...
How to Transfer Shares from Beneficiary Account to Demat Account or vice-versa?
You may call us or send an email from your registered email id to move shares from 5paisa Beneficiary Account to your DP account. However, the request will be process only subject to Risk approval. Further, you can move shares from your DP account to ...
Benefits of POA - Is it Mandatory for Your Demat Account?
POA allow seamless movement of shares from your DP account for the purpose specifically mentioned in POA. For example, to meet exchange pay-in obligation, margin requirement, apply in buyback, rights etc. POA is not mandatory. However,it is advisable ...
How can I transfer shares from other Demat account to 5paisa account?
Online Transfer The following is the process for transferring shares online from one Demat account to another. The investor needs to register on CDSL or NSDL website. Investor needs to select an option of a facility named “Easiest- electronic access ...
How is Demat maintenance charge levied?
Demat Maintenance charges are applied for maintaining your demat A/c with CDSL. It is known as Demat AMC (Annual Maintenance Charges). With effect from 1st January 2021, the revised charges which shall be applicable to 5paisa demat account holders ...