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.
There are two main uses of a delivery instruction slip:
Off-Market Transfers
A DIS facilitates the transfer of securities between your demat accounts, even if they are held with different brokers.
Sell Transactions (without PoA/DDPI)
A delivery instruction slip facilitates the transfer of securities if you haven’t granted 5paisa with a Power of Attorney (PoA) or Demat Debit and Pledge Instruction (DDPI) permission. You will need a DIS to manually authorise each sell trade in your account.
Note: 5paisa utilises a more convenient e-DIS authorisation system for everyday transactions.
Related Articles
How to get a Delivery Instruction Slip (DIS) booklet?
Follow the below-mentioned steps to request a Delivery instruction slip (DIS) booklet form 5paisa: · Visit the 5paisa application forms page to download the DIS requisition form: https://www.5paisa.com/application-forms · Print and complete the DIS ...Can a delivery instruction slip (DIS) be submitted and executed at a 5Paisa branch office?
Yes, you can submit a completely filled delivery instruction slip (DIS) at a 5paisa branch office. However, it’s advisable to go beyond the traditional way of approach and try exploring e-DIS options. Additionally, you can submit the completed DIS ...Can the applicant's representative collect the delivery instruction slips (DIS)?
Yes, an authorised representative can collect the delivery instruction slips (DIS) on behalf of the applicant. The representative must have an Authority letter (refer to Annexure B, DIS booklet) and the applicant’s self-attested ID proof copy The DIS ...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 ...How does short delivery impact sellers?
Short delivery, when a seller fails to deliver the shares to the buyer by the agreed settlement date, can have significant consequences for sellers in the stock market. Here's a detailed look at how short delivery impacts sellers: 1. Penalty Charges: ...