Activate DDPI Today to Enjoy Hassle-free Trading on Angel One

4 mins read
by Angel One

What is DDPI?

DDPI (Demat Debit and Pledge Instructions) is a document that allows a stockbroker (like Angel One) to debit the securities from your demat account upon their sale and deliver them to the exchange. 

This means once the DDPI is submitted, you do not have to enter the CDSL T-PIN and OTP to sell any shares you hold. However, using the DDPI is voluntary, and you can continue selling shares by entering the T-PIN for every transaction. 

Earlier, a POA (i.e. Power of Attorney) could be used for debiting the shares from the client’s account. However, the facility of POA is no longer available for new users – DDPI is now offered instead.

Points to Note

1. Individual account holder

    • If you are an individual account holder, You can activate DDPI online using this link through Angel One App.
    • Please have your Aadhaar card ready when placing an online DDPI activation request to e-sign the application.
    • Ensure that your Aadhaar card is linked to your mobile number to complete the process.

2. Joint account holder/ HUF account holder/ minor account holder/ NRI/ corporate account holder

  • To activate DDPI, you can raise a ticket here (Create Ticket —> Select Account Details under Category —> Select Profile Details under Sub-Category) and attach the filled-in and signed DDPI form.
  • You can download the form from the links below –

HUF | Joint | Corporate | Minor | NRI(E) | NRI(O)

  • If you are an HUF account holder, then all family members’ name and signature is required along with the HUF stamp.
  • If you are a joint account holder then all holder’s name and signature is required on the form .
  • If you are a corporate account holder, then an authorized signatory signature and stamp is required.
  • If it’s a minor’s account, then the minor’s name and guardian’s signature is required.

Process to Activate DDPI Online

Step 1. Accessing the DDPI option:

  1. Use this link to activate DDPI.
  2. Alternatively, log in to the Angel One app, go to the Accounts page, and click on the Profile Widget
    1. Use your mobile number/client ID and OTP to login

Step 2. Click on “DDPI Status”.

Step 3. Read the DDPI consent and proceed to esign

Step 4. You will be redirected for esigning the request. Enter the Aadhar details & OTP sent from Adhaar on your mobile number

  • Make sure to use your own aadhar card for esigning.

    

Step 5. The request will be processed in 2-3 working days.

Why Should You Use DDPI?

DDPI makes frequent trading of shares a hassle-free process. You should definitely consider using DDPI because it allows Angel One to perform the following functions on your behalf – 

  1. Transferring shares from your demat account to the exchange upon their sale.
  2. Pledging/re-pledging of securities in favour of a Trading Member (TM) or Clearing Member (CM) for meeting margin requirements.
  3. Transferring mutual fund units from your demat account upon their sale.
  4. Transferring your shares in open offers ( ie. buybacks/delisting/acquisitions) on the stock exchange.

Therefore, the entire process of selling and pledging becomes much smoother across asset classes.

How To Set Up DDPI on Angel One Offline?

However, in case you already have an Angel One account, you have to take the following steps to activate your DDPI:

  1. Download the DDPI activation form from here.
  2. Fill up and send the signed physical form to our Hyderabad  Office via courier. 
  3. It may take up to 48 hours to activate the DDPI after receipt of the DDPI form at the Hyderabad Office, subject to fulfillment of the DDPI Activation requirement.
  4. Once the DDPI is activated, you will receive an email from the CDSL on your registered email ID. 

Note: The address of Angel One’s Hyderabad office is “Angel One LTD., 2nd Floor, Osman Plazza, Road No.1, Banjara Hills, Hyderabad – 500034.”

In case you already have an account, as well as a POA set up already, then you have to also take exactly the same steps mentioned above to activate your DDPI. Once you receive the DDPI activation email from the CDSL, the earlier POA will be discontinued from then onwards.

In case you have DDPI already but you want to opt out of it, send an email to kyc.modifications@angelbroking.com from your registered email ID, asking to opt out of the DDPI.

Final Words

Hope this article gives you clarity on how to activate DDPI and trade hassle-free. If you want to know more about the latest features of the Angel One app and discuss them with fellow Angel One users, join the Angel One Community today!