Demat Debit on WebNotes

How to avoid entering CDSL TPIN and OTP every time you sell on Zerodha

Sat, 20 Jun 2026 00:00:00 +0000

To stop entering a CDSL TPIN and a one-time password on every Zerodha sell, activate the Demat Debit and Pledge Instruction , or DDPI, from Console . The TPIN-and-OTP prompt appears because your demat runs on eDIS , where CDSL makes you authorise each debit individually and the authorisation expires the same day. DDPI is a one-time standing mandate that lets your broker debit sold securities straight to the exchange, so the per-sell authorisation step disappears.

How to check whether POA or DDPI is active on Zerodha

Sat, 20 Jun 2026 00:00:00 +0000

To check whether a POA or a DDPI is active on your Zerodha account, open your Kite profile: on the app, tap your user ID and then Profile; on the web, click your client ID and then My Profile. The authorisation status is shown there. The fastest practical test needs no menu at all: begin a delivery sell of one share, and if a CDSL authorisation window asks for a TPIN and OTP, no POA or DDPI is active on the account.

How to revoke a POA or DDPI mapped to your Zerodha account

Sat, 20 Jun 2026 00:00:00 +0000

To revoke a POA or a DDPI mapped to your Zerodha account, fill the Revocation of Power of Attorney-DDPI form, then either e-sign it and raise a support ticket, or courier the signed form to Zerodha’s Bengaluru support centre. The same form covers both a legacy POA and a DDPI. Processing takes up to 5 working days from the date Zerodha receives the form, after which the account reverts to CDSL eDIS, so every delivery sell then needs a TPIN and OTP.

How to sell holdings without POA or DDPI on Zerodha

Sat, 20 Jun 2026 00:00:00 +0000

If you hold neither a power of attorney mandate nor a DDPI on your Zerodha account, you can still sell your holdings; you authorise each demat debit yourself through CDSL eDIS, the electronic delivery instruction route. You place the sell order, a CDSL authorisation window opens, you enter your 6-digit CDSL TPIN and a one-time password, and the debit is approved for that trading day. This is the default route for every account opened online that has not signed a DDPI.

Why Zerodha discontinued the demat POA and moved to DDPI

Sat, 20 Jun 2026 00:00:00 +0000

The broker demat power of attorney (POA) is the authorisation a client once gave a stockbroker to debit securities from the client’s demat account and deliver them to the exchange, which SEBI discontinued for new clients and replaced with the Demat Debit and Pledge Instruction (DDPI) through circular SEBI/HO/MIRSD/DoP/P/CIR/2022/44, dated 4 April 2022, effective for new clients from 1 September 2022. Zerodha adopted the DDPI for new clients from 19 November 2022, while leaving every POA submitted earlier valid until revoked.

DP charge on BTST trades at Zerodha

Fri, 19 Jun 2026 00:00:00 +0000

A DP charge at Zerodha applies to a buy-today-sell-tomorrow (BTST) sell, the same Rs 15.34 per scrip charged on any equity delivery sell as of 19 June 2026, because the BTST sell debits the client’s CDSL demat account on the settlement date. The charge is tied to the demat debit instruction, not to how long the shares were held, so a position bought one day and sold the next still triggers it.