How do I remove power of attorney from demat account?

Yes, you can send us a letter asking us to revoke the PoA. By the way, once you revoke it, you can now give online consent to allow us to debit shares from your demat account and still continue to sell stocks online.

How can I sell shares without a physical POA?

At Upstox, the e-DIS (electronic-Delivery Instruction Slip) facility enables you to sell your shares directly without having to courier a physical copy of the POA. Once you click ‘SELL’, you’ll be prompted to give your permission to sell your shares.

How can I revoke the POA I’ve given to Zerodha?

Learn more. Click here to download the POA revocation form for resident individuals. Like the POA, this form is required to be collected physically. You can fill, sign and send it to our head office.

How do I convert POA to non POA?

If you have not submitted the POA, you will be prompted to authorise the delivery sell transaction as shown below: In case you want to change your non-POA account to a POA account, you can download the document here and sign & courier it to our office for the mapping.

Is POA necessary for demat account?

When you sell shares during market hours, the shares are debited from your (sellers) account to deliver to the buyer. We need the Power of Attorney (POA) to debit these shares from your demat account. There is one more way to sell the shares from your DEMAT for an individual account without submitting the POA.

Can we trade without POA?

Can I trade in Futures and Options without Power of Attorney to my Demat account? Yes, F&O trades don’t use demat account and thus no Power of Attorney (POA) is needed.

Can we revoke POA in Zerodha?

You can fill, sign and send it to our head office. Note: It takes up to 5 working days to process the request once we receive the form. The POA revocation can only be done for resident individuals for now.