Zerodha POA SLB

POA for SLB on Zerodha

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Power of Attorney (POA) for SLB on Zerodha has been replaced by DDPI per SEBI’s 2022 framework changes.

Historical POA

Pre-2022:

  • Full PoA gave the broker broad authority over demat / trading account.
  • Required for SLB to facilitate share movements.
  • SEBI deprecated this for retail clients due to risk of misuse.

Current DDPI replacement

  • DDPI is narrower in scope.
  • Specifically authorises broker for: sell, pledge, margin operations.
  • Required for SLB specifically (see DDPI requirement for SLB ).

For new SLB users

  • Sign DDPI during onboarding.
  • No PoA needed.
  • Per-trade T-PIN typically not required for SLB.

Legacy PoA accounts

If you signed a PoA earlier:

  • Continues to work but SEBI deprecates.
  • Best practice: replace with DDPI.
  • Contact Zerodha support if conversion needed.

See also

External references

References

  1. SEBI, DDPI replacement of PoA, sebi.gov.in.
  2. Zerodha, DDPI for SLB, support.zerodha.com.

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