How to convert PoA to DDPI on Zerodha
This guide explains how to transition an existing Power of Attorney (PoA) registered with Zerodha to the Demat Debit and Pledge Instruction (DDPI) introduced by SEBI in 2022, covering the regulatory background, the practical differences between the two instruments, and the specific steps on Zerodha’s Console platform.
Step-by-step procedure
Step 1: Understand the PoA-to-DDPI transition
The older PoA framework was introduced by brokers as a mechanism to simplify the debit of securities for sell order settlement. Without a PoA or DDPI, each debit requires a separate Electronic Delivery Instruction Slip (eDIS) authorised by the client.
SEBI observed that some brokers had abused the broad powers conferred by PoAs to misuse client securities. In response, SEBI issued Circular SEBI/HO/MRD/MRD-PoD-2/P/CIR/2022/111 (2 September 2022) introducing the DDPI as a replacement. The DDPI:
- Restricts the broker’s authority to three specific actions (settlement, pledge, and tender for buybacks).
- Removes any authority to conduct off-market transfers or other transactions not initiated by the client.
- Is registered with the depository (CDSL or NSDL) rather than being held by the broker.
The PoA to DDPI transition overview page on WebNotes provides the full regulatory history.
Zerodha migrated existing PoA holders to DDPI in phases after the September 2022 circular. Some accounts may still show a PoA on file if the migration was not completed. Console will indicate the current status clearly.
Step 2: Check the current PoA and DDPI status in Console
Go to console.zerodha.com and log in. Click Account in the top navigation and select Profile. Scroll to the DDPI section (this may also be labelled “PoA/DDPI” on some Console versions). The section will show one of the following states:
- DDPI Active: The conversion is already complete. No further action is required.
- PoA Active, DDPI not signed: The old PoA is still in effect. The account can be migrated.
- Neither active: The account was opened without a PoA (or the PoA was previously revoked). Sign a fresh DDPI by following the how to sign DDPI on Zerodha guide.
Step 3: Initiate DDPI signing
If the Console shows “PoA Active, DDPI not signed” (or equivalent), click the Sign DDPI or Convert PoA to DDPI button. The DDPI document is generated and displayed.
Step 4: Review the DDPI document
The DDPI document details:
- Account holder name and client ID
- Demat account number (CDSL or NSDL BO ID)
- Permitted actions (only the three listed in the SEBI circular: delivery settlement, margin pledge, and tender for buyback or open offer)
- Explicit prohibitions: The document states that Zerodha cannot use the DDPI for off-market transfers, gifts, or any action not listed.
- Revocation rights: The account holder can revoke the DDPI at any time in writing to Zerodha. Revocation does not close the account; it simply reverts to the CDSL TPIN/eDIS authorisation mode for each sell transaction.
Compare this with the old PoA: the PoA typically covered a broader range of actions and was held by Zerodha as a physical document. The DDPI is registered digitally with the depository.
Step 5: Sign the DDPI via Aadhaar e-sign
After reviewing the document:
- Click Proceed to e-sign.
- Enter the 12-digit Aadhaar number of the account holder.
- Click Request OTP.
- An OTP is sent to the Aadhaar-registered mobile number.
- Enter the OTP to apply the electronic signature.
Upon successful e-sign, Zerodha registers the DDPI with CDSL (or NSDL). Simultaneously, Zerodha initiates the revocation of the old PoA with the depository. The account holder does not need to take any separate action to revoke the PoA; Zerodha handles the PoA revocation as part of the migration.
Step 6: Confirm DDPI is active
After the e-sign, Console updates the status to “DDPI Active” (or equivalent). An email confirmation is sent to the registered email address, confirming the DDPI registration and the PoA revocation.
From the next trading day, sell orders in Kite for equity delivery holdings will be processed under the DDPI authority, without requiring CDSL TPIN or eDIS authorisation for each transaction.
If the TPIN screen still appears after the next trading day, log out of Kite and log back in. If the issue persists after 48 hours, contact Zerodha support with the DDPI confirmation email reference.
Step 7: Retain the confirmation email
The DDPI confirmation email serves as documentation that the account has transitioned from PoA to DDPI. The physical PoA document, if it exists, is superseded by the DDPI. If the original physical PoA was stamped and notarised, it does not need to be physically returned or cancelled by the account holder; the depository-level revocation submitted by Zerodha is sufficient.
Related guides
- How to sign DDPI on Zerodha - For accounts that never had a PoA and need a fresh DDPI
- PoA to DDPI transition overview - Regulatory background on the SEBI-mandated transition
- Zerodha DDPI charge - DP transaction charges applicable after DDPI activation
- How to verify PAN and Aadhaar e-sign with Zerodha - Aadhaar OTP and e-sign troubleshooting
- Demat account overview - How DDPI fits into the broader demat account framework
- How to add a nominee on Zerodha - Another important account maintenance step
References
- SEBI Circular introducing the DDPI framework (SEBI/HO/MRD/MRD-PoD-2/P/CIR/2022/111, 2 September 2022).
- SEBI Circular on Power of Attorney and stockbroker misconduct (SEBI/HO/MIRSD/DPIEA/CIR/P/2020/227, 16 November 2020).
- CDSL Operating Instructions on DDPI registration and PoA revocation (CDSL/OPS/DP/POLCY/2022/685, October 2022).
- Zerodha DDPI and PoA information: support.zerodha.com (accessed May 2026).