Comment on POA - Power of Attorney for your Demat account

Nithin Kamath commented on 19 Mar 2013, 07:28 AM

Amit,

There is no way to be online without a POA, every online broker in the country would require this. I remember the first time I heard about POA in my life was also in Baazigar.. 🙂 .. It is a necessary evil, but as brokers because of our internal policies of no margin funding, not keeping stocks in pool and and etc… We are probably a lot safer than a lot of your other traditional brokers..

Cheers..

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