Demat Debit and Pledge Instruction (DDPI) is a facility mandated by SEBI that simplifies how investors sell or pledge shares. At FYERS, DDPI is a one-time setup that enables seamless stock selling and margin usage without requiring repeated TPINs or OTPs. This article explains what DDPI is, its benefits, and when charges may apply depending on the mode of activation and possible rejection or incomplete attempts.
What is DDPI?
DDPI authorizes FYERS to debit or pledge shares from your Demat account without additional manual authorizations for every transaction. It replaces the older process of submitting DIS slips or entering TPINs/OTPs, making trading faster and more reliable.
- Sell stocks instantly without manual authorizations
- Use Margin Trading Facility (MTF) without delays
- Reduce risks of order failures due to missed TPINs or OTPs
DDPI is a permanent one-time setup—once approved, it remains valid across FYERS platforms. For the detailed activation steps, please refer to this article.
Charges for activating DDPI at FYERS
The charges depend on the mode of activation you choose:
- Online activation: Completely free (₹0). No processing fees or stamp duty.
- Offline activation: ₹150. This includes stamp duty, processing fees, and applicable taxes.
Reapplication policy for rejected DDPI requests
If your DDPI activation request is rejected:
- Online applications: No charges apply, since online activation is free. You can simply correct the issue and reapply.
- Offline applications: The one-time ₹150 fee covers the initial submission as well as resubmissions. You do not pay again for reprocessing.
If you initiate but do not complete DDPI
- Initiating online activation but not completing Aadhaar e-signing does not trigger any charge.
- Charges apply only if you complete offline activation, where ₹150 will be debited from your trading account.
What if...
| Scenario | Outcome |
|---|
| I activate DDPI online | ₹0. No charges apply. |
| I activate DDPI offline | ₹150 will be debited from my trading account. |
| My DDPI application is rejected (online) | You can reapply at no cost. |
| My DDPI application is rejected (offline) | The ₹150 already paid covers reprocessing. |
| I initiate online DDPI but cancel before e-sign | No charges are applied. |
| I never complete or use DDPI after initiating online | No charges are deducted. |
| I switch from online (rejected) to offline | ₹150 will be charged at the time of offline activation. |
| I’ve already activated DDPI | No need to do it again—it is a one-time process. |
DDPI activation—once successfully completed—remains valid across all FYERS platforms. Reapplication is only required if activation was not completed or was rejected.
Last updated: 18 Sep 2025
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