What are the charges involved in activating DDPI?
Yes, Effective 26th August 2024, we charge ₹100 (plus GST) for successful completion of DDPI registration.
Note: Minimum 5paisa ledger balance required to activate DDPI is ₹118
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 ...
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 ...
What are different kind of charges levied for stock trading ?
Types of charges Fees Demat Maintenance Charges ₹0 if your holding value is less than ₹400000 up to 1 Demat account. ₹8.33 + GST if your holding value is ₹ 400000 to ₹ 1000000 up to 1 Demat account. ₹25 + GST if your holding value is above ₹ 1000000 ...
What are the benefits of DDPI?
Following are the benefits of DDPI with 5paisa Forget the hassle of getting approvals for every trade. DDPI streamlines the process, allowing you to transfer securities for stock exchange deliveries or settlements seamlessly. Just place your order ...
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 ...