At FYERS, we offer the Demat Debit and Pledge Instruction (DDPI) facility as part of SEBI’s mandate to simplify how you authorize the sale or pledge of your shares. With DDPI, you can allow us to debit or pledge your securities whenever you place a sell order or use margins, without needing repeated TPINs or OTPs. This makes trading smoother, faster, and more reliable. Below we explain how DDPI works, why it helps, and when charges may apply depending on your activation method or any incomplete or rejected requests.
What is DDPI?
DDPI authorizes us at FYERS to debit or pledge shares from your Demat account without additional manual approval for each transaction. It replaces older methods like DIS slips and TPIN based authorization. This helps ensure seamless order execution and reduces delays.
- Sell your stocks instantly without repeated authorization steps
- Use Margin Trading Facility with faster processing
- Lower the chance of failed orders caused by missing TPIN or OTP authentication
DDPI is a permanent one time setup. Once approved, it stays active across all FYERS platforms. For detailed activation steps, refer to this article.
Charges for activating DDPI at FYERS
The activation charges depend on the method you choose:
- Online activation: Free. There are no processing fees or stamp duty charges.
- Offline activation: ₹150. This includes stamp duty, processing charges, and applicable taxes.
Reapplication policy for rejected DDPI requests
If your DDPI activation request is rejected, here is how charges work:
- Online activation: Still free. You can correct the details and reapply without any fee.
- Offline activation: The ₹150 fee covers both the original application and any resubmissions. You will not be charged again for reprocessing.
If you initiate but do not complete DDPI
- If you start online activation but do not complete Aadhaar e sign, no charges apply.
- Charges are applied only after you complete offline activation. When that happens, ₹150 is debited from your trading account.
What if...
| Scenario | Outcome |
|---|
| I activate DDPI online | ₹0. No charges are applied. |
| I activate DDPI offline | ₹150 is debited from my trading account. |
| My DDPI application is rejected online | You can reapply without any charge. |
| My DDPI application is rejected offline | The ₹150 already paid covers the resubmission process. |
| I start online DDPI but cancel before e sign | No charges are applied. |
| I do not complete online DDPI | No amount is deducted. |
| I switch from online to offline | ₹150 is charged when you complete offline activation. |
| I have already activated DDPI | No further action is needed. DDPI is a one time setup. |
Once DDPI is successfully activated, it stays valid across all FYERS platforms. You only need to reapply if the activation was incomplete or rejected.
Last updated: 18 Nov 2025
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