Comment on POA - Power of Attorney for your Demat account

I have opened a new account and filled in all information online. I have submitted scanned copies of all necessary docs. After all the steps, i am asked to send POA form to your address via post, or i need to visit local office.

I want to know why i do need to send it through courier or come to your office. Why can’t your pick-up boy pick this document as they pick up other documents at the time of opening account.

I have talked to 3 people in your office. Not even a single person has given me a logical answer. All they keep repeating is that’s the rule. I want to know the logic behind the rule.

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