Demat Debit and Pledge Instruction (DDPI)
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 to the DDPI page or navigate to Profile Edit in your Trading App.
- Follow the menu options to enable DDPI.
- Not available for joint accounts (use physical form).
How to Enable DDPI Offline:
- Download and sign the DDPI form. Takes 3-4 working days, sometimes longer due to the franking process.
- Send the form to:
Client Registration Department - DDPI
Navia Markets Ltd, No 9, Ganga Griha, 4th Floor
Nungambakkam High Road, Chennai - 600034
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