How to sell shares without DDPI?
You can sell your holdings through SPEED-e.
Use an Online Verification Process SPEED-e.
SPEED-e facility allows you to sell shares online without a DDPI or physical DIS. Login to your broker’s trading platform and place a sell order. You may be asked to verify the transaction with an OTP sent to your registered mobile number or email.
These methods allow you to sell shares while maintaining security and flexibility, even if you haven’t enabled DDPI on your Demat account.
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Why is DDPI required?
The Demat Debit and Pledge Instruction (DDPI) is a document that gives the stockbroker limited authorization to process transactions smoothly without requiring repeated authorizations. If your DDPI is mapped to your account, you can sell your ...
What is Dematerialisation of shares?
Dematerialisation is the process of converting the physical share certificates into electronic form, which is a lot easier to maintain and is accessible from anywhere throughout the world. An investor who wants to trade online needs to open a Demat ...
Do we allow trading in ASM and GSM shares?
We only Allow buying and selling in CNC in ASM stocks. Currently, you cannot trade in GSM category shares. You can sell your existing holdings in the GSM category.
When you sell shares, they are debited from your account. Is it free?
Yes, you can open a Demat account with a depository participant like NSDL or CDSL. However, there may be some charges from your stockbroker, depending on your trading activity. In short: A Demat account is a must-have for anyone who wants to invest ...
How to Pledge my shares?
For Pledging Shares (Shilpi Backoffice) Log in to the Backoffice Portal. Use your credentials to access the Shilpi Backoffice platform. Navigate to 'In Request' on the Dashboard. From the dashboard, go to the "In Request" section. Select 'Margin ...