If I’ve Given a POA, Do I Need DDPI for MTF Trading?
No. You don’t need a DDPI (Demat Debit and Pledge Instruction) if you have already provided a Power of Attorney (POA).
A POA authorises FYERS to carry out specific transactions on your behalf, including debiting securities from your Demat account and facilitating MTF trades. DDPI, on the other hand, is a newer authorisation method primarily used for pledging securities. Since your POA already covers the requirements for MTF trading, submitting an additional DDPI isn’t necessary.
This ensures seamless access to MTF services without needing further documentation.
What If...
| Scenario | What You Should Know |
|---|
| You only have POA | You’re eligible to activate and use MTF without DDPI. |
| You didn’t give POA earlier | You’ll need to activate DDPI to access MTF services. For the online procedure, refer to this article. |
| You submitted both POA and DDPI | Either one suffices, but DDPI may offer a more streamlined experience. |
Tip: If you’re unsure whether your POA is active or accepted, check the status under your FYERS account profile or
contact our support team.
Last updated: 02 Sep 2025
Related Articles
What Is the Process to Convert an MTF Position to an Overnight Position?
You can convert your Margin Trading Facility (MTF) position to an Overnight (CNC) position using FYERS Web or FYERS Trader. This feature is currently not available on the FYERS App. Make sure you have sufficient margin before initiating the request. ...
How to activate Margin Trading Facility (MTF) in FYERS Web?
To activate the Margin Trading Facility (MTF) on FYERS Web 1.5, follow these steps in sequence. This process is only supported on the Web 1.5 version of the FYERS platform. Enable DDPI: Ensure your Demat Debit and Pledge Instruction (DDPI) is active. ...
What Is DDPI, and What Charges Are Associated With It on FYERS?
Demat Debit and Pledge Instruction (DDPI) is a SEBI-authorized facility that allows FYERS to debit or pledge shares from your Demat account without requiring TPINs or OTPs for each transaction. Once activated, it enables seamless selling and margin ...
Which Stocks Are Eligible for MTF Trading?
FYERS offers access to over 1,400 NSE-listed stocks under the Margin Trading Facility (MTF). These stocks are selected based on SEBI and exchange guidelines, and eligibility may change depending on internal risk controls and regulatory updates. Where ...
Do I Need to Pledge/Authorise My MTF Holdings?
No. Manual pledge authorisation is no longer required for MTF holdings on FYERS. All eligible MTF positions are automatically pledged by the system from the backend. How MTF Authorisation Works Now Automatic Pledge: Once you buy a stock under the MTF ...