What is Demat Debit and Pledge Instruction (DDPI)?
- Demat Debit and Pledge Instruction (DDPI) is a document that allows a broker to debit the securities from the client’s demat account and deliver them to the exchange. The client does not have to enter the CDSL T-PIN and OTP to sell shares once the DDPI is submitted.
- SEBI, through this circular (WEB), has introduced DDPI, which limits debiting shares from a client’s account only if there’s a sell trade placed by the client. DDPI replaced POA on 19th November 2022.
Other Queries - Online Accounts
- What is an Electronic Contract Note?
- What is Demat Debit and Pledge Instruction (DDPI)?
- How to activate the DDPI for the account?
- What is the minimum balance required to keep the Bigul account active?
- What happens if the account opening application is put on hold for rectifications?
- Who is a Politically Exposed Person (PEP) and why must they submit income proof to open an account with Bigul?
- Can a commodity account be opened without opening an equity trading and demat account?
- Can a trading and demat account be opened with Bigul if there is an existing account with another broker?
- Can more than one trading account be opened with Bigul?
- What is an Electronic Contract Note?
- What is Demat Debit and Pledge Instruction (DDPI)?
- How to activate the DDPI for the account?
- What is the minimum balance required to keep the Bigul account active?
- What happens if the account opening application is put on hold for rectifications?
- Who is a Politically Exposed Person (PEP) and why must they submit income proof to open an account with Bigul?
- Can a commodity account be opened without opening an equity trading and demat account?
- Can a trading and demat account be opened with Bigul if there is an existing account with another broker?
- Can more than one trading account be opened with Bigul?