Benefits of POA - Is it Mandatory for Your Demat Account? | 5paisa

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 to provide POA for seamless transaction processing when you sell shares, apply for buyback, rights etc.