How to revoke the Power Of Attorney (POA) and Demat Debit and Pledge Instruction (DDPI) mapped to 5Paisa?

How to revoke the Power Of Attorney (POA) and Demat Debit and Pledge Instruction (DDPI) mapped to 5Paisa?

There is no online process to revoke or cancel the DDPI (Demat Debit and Pledge Instruction) or POA (Power of Attorney) linked to your 5paisa account. To initiate this process, follow these steps:

Email Request: 

  • Compose an email to support@5paisa.com with the subject line: ‘REVOKE/REMOVE DDPI/POA’.
  • In the body of the email, clearly state your request to remove the DDPI or POA authorisation from your account.

Upon receiving your request, our team will verify your details and make the necessary changes to revoke the DDPI or POA. 

Verification and Processing Time: 

The turnaround time (TAT) for revoking the DDPI or POA is approximately 48 hours after successful KYC verification. Please note that this process may take longer, depending on the Central Depository Services Limited (CDSL) response.


    • Related Articles

    • What is DDPI?

      Demat Debit Pledge Instruction (DDPI) facilitates pledging securities in your Demat account as collateral for margin requirements. It enables selling purchase transactions without Sell Authorization or T-pin. Unlike the traditional POA/DDPI, DDPI ...

    • Why Revoke DDPI or POA?

      Revoking the DDPI or POA might be necessary if you no longer wish to grant such authorisations for your account. This step enhances the security and control over your financial activities. Contact Support: Please contact our support team for further ...

    • What is a Delivery Instruction Slip (DIS)?

      A Delivery Instruction Slip (DIS) acts like a cheque for your demat account. It authorises your depository participant (5paisa, for example) to debit shares from your holdings. 5Paisa DIS Slip There are two main uses of a delivery instruction slip: ...

    • Is DDPI safe?

      Yes, the Demat Debit and Pledge Instruction (DDPI) is considered safe and secure for pledging or selling securities. This safety is ensured by several factors: 1. Regulation by SEBI: The Securities and Exchange Board of India (SEBI) oversees the ...

    • How to sell shares if POA or DDPI is not submitted?

      While Demat Debit and Pledge Instruction (DDPI) offers a convenient way to sell shares, it's not mandatory at 5paisa. Here's how you can still sell your holdings if you haven't activated DDPI: Sell Authorisation: 5paisa offers a secure process called ...