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 allows us 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. |
| 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 support.
Last updated: 12 Jun 2025
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