How to Activate Power of Attorney for Your Demat Account? | 5paisa

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 support@5paisa.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.




    • Related Articles

    • 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 to open a Demat account at 5paisa and what are the account opening charges?

      Welcome to an all in one account at 5paisa and there are no charges levied to open a Demat account with 5paisa. To open an account online, you just need to follow these 7 easy steps:   Step 1  To begin with, enter your phone number and click on ...
    • 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 an Offline Account opening option as well. You need to follow the below procedure: Step 1: Complete Online Account Opening Process. Step 2: Once documents ...
    • 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 to Activate MarginPlus (Funding at 5paisa)?

      Follow these easy steps to get access to MarginPlus and its benefits- Login to your account  Go to the live market section  Select any stock the quick order page will appear On the bottom right corner above the ‘Buy’ And ‘Sell’ button, you’ll see the ...