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

On a circular dated 6th October, 2022, the Securities and Exchange Board of India (SEBI) declared that the pre-existing Power of Attorney (POA) document that defined an important part of broker-client relationships in the stock market will be replaced by the new “Demat Debit and Pledge Instructions” (DDPI) document. 

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 DDPI is activated, you do not have to enter the CDSLT-PIN and OTP to sell any shares you hold.

Using DDPI is completely voluntary. If you prefer, you can continue selling shares by entering your T-PIN for every transaction. Earlier, a POA (i.e. Power of Attorney) could be used for debiting shares from your account. However, the facility of POA is no longer available for new users – DDPI is now offered instead.

If you are an individual account holder, you can activate DDPI online using this link through the Angel One App. Simply have your Aadhaar card ready and ensure it's linked to your mobile number to complete the process.

To activate DDPI for special account types, you can raise a support ticket here (Create Ticket —> Select Account Details under Category —> Select Profile Details under Sub-Category) and attach the filled-in and signed DDPI form.

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

Special requirements:

• HUFaccount holder: All family members' names and signatures required along with the HUF stamp

• Joint account holder: All account holders' names and signatures required on the form

• Corporate account holder: Authorised signatory signature and stamp required

• Minor account: Minor's name and guardian's signature required

• Log in to the Angel One app using your mobile number/client ID and OTP

• Access the profile section from the home page

• Alternatively, use this link to access DDPI activation flow directly - DDPI activation link

• Click on the "DDPIStatus" section under "Manage Accounts"

• Review the DDPI benefits

• Click on "Proceed to E-Sign" to initiate the eSign process

• Enter your Aadhaar number

• Verify the OTP received on your mobile number linked with Aadhaar

• Complete the eSign process

Once eSign is successful, your DDPI activation request will be processed within 1–2 working days. You'll receive a confirmation notification on sms and email once it's active.

DDPI makes frequent trading of shares a hassle-free process. Once activated, Angel One can perform the following functions on your behalf:

1. Transfer shares from your demat account to the exchange upon their sale

2. Pledge/re-pledge securities in favour of a Trading Member (TM) or Clearing Member (CM) for meeting margin requirements

3. Transfer mutual fund units from your demat account upon their sale

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

• Faster selling: No need to enter TPIN for every sale

• Convenient trading: Reduces friction in the trading process

• Pledging flexibility: Use your shares as collateral for margin trading or loans

• One-time activation: Set it up once and it's valid for your entire holding period

• Completely free: No charges or fees associated with activation or usage

In case a client has not given the POA to his/her stockbroker already, the client can opt for DDPI. However, if the DDPI is also not submitted, then the electronic delivery instruction slip (E-DIS) must mandatorily be submitted each time the stock sell transaction is made. Submitting e-DIS multiple times might be a hassle to a client and hence it is advisable that clients sign the DDPI at the earliest. Moreover,

1. The POA had to be stamped and submitted physically which created a lot of trouble for both clients and brokers alike. But the DDPI can be electronically signed and submitted to brokers, saving time, space, effort and paper.

2. A clear and transparent DDPI curtails possible misuse of the POA given by clients to the broker. 

DDPI is an important document for seamlessly conducting your demat account operations. However, the process of signing your DDPI is extremely easy when done through an Angel One account. So do not worry, open demat account today with Angel One, India’s trusted broker!