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 usage across FYERS Web and the FYERS App.
DDPI replaces the need for physical DIS slips or one-time passwords when selling shares or pledging them for margin. It simplifies key trading actions like:
DDPI is a one-time setup and remains valid permanently once approved.
The cost to activate DDPI depends on whether you choose the online or offline mode:
Activation Method | Cost | Inclusions |
---|---|---|
Online | ₹0 | No stamp duty or processing fees |
Offline | ₹150 | Includes stamp duty and all applicable taxes |
Scenario | Outcome |
---|---|
I activate DDPI online | ₹0 is charged from 31 July 2025 onward. To learn how to activate DDPI online, refer to this article |
I activate DDPI offline | ₹150 will be debited from my trading account |
I want to switch from DIS to DDPI | Charges depend on the activation method you choose |
I’ve already activated DDPI | No need to do it again—it’s a one-time process |
Last updated: 31 Jul 2025