Demat Debit and Pledge Instruction (DDPI)
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What is DDPI?
- Authorization for your broker to handle certain transactions in your Demat account.
Why Enable DDPI?
- Automatically handles stock delivery when selling.
- Avoids the hassle of entering OTPs for each sell order (EDIS).
Benefits of DDPI:
- Seamless stock selling.
- Pledging/re-pledging securities for margin requirements.
- Executing mutual fund transactions.
- Tendering shares in open offers and buybacks.
How to Enable DDPI Online:
- Login here to the DDPI page.
- Follow the menu options to enable DDPI.
- Not available for joint accounts (use physical form).
How much will it cost: It costs Rs.100 + GST for submitting online. If you don't have sufficient balance in your Trading ledger or nCoins, you may do a funds transfer to your account and then enable DDPI.
- Pay with Ledger Balance.
- Pay with N Coins
How to Enable DDPI Offline:
- Download here and sign the DDPI form. Takes 3-4 working days, sometimes longer due to the franking process.
- It costs Rs.250 + GST for submitting offline.
- Send the form to our Corporate Office address given here
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