DDPI one-time charge at Zerodha

Mon, 11 May 2026 00:00:00 +0000

Overview

The Demat Debit and Pledge Instruction (DDPI) is a limited power of attorney introduced by SEBI in 2022 to replace the broader Power of Attorney (POA) that was previously used by depository participants to authorise debits from client demat accounts for exchange settlement. At Zerodha, activating the DDPI is a one-time optional process that carries a charge of Rs 75 plus 18 percent GST, totalling Rs 88.50.

The DDPI grants Zerodha, as the depository participant, specific and limited authority to debit the client’s CDSL demat account for the purpose of: (a) settling equity delivery sell transactions executed on stock exchanges, (b) settling pledge instructions for collateral margin. The DDPI cannot be used by Zerodha for any purpose beyond these specific authorities, unlike the older POA which could be broadly drafted.

Demat Authorisation on WebNotes

DDPI one-time charge at Zerodha

Overview