Comment on POA - Power of Attorney for your Demat account
commented on
30 Dec 2017, 09:45 PM
Dear Nithin,
Recently I have opened account with Zerodha using online option. My Address is badely messed in demat account with unwanted commas and chopped text. With this messed address courier/postal delivery person will not be able to locate my residence. When informed Zerodha support they were saying address is not significant..but I will not get any Rights issue forms, Buyback forms etc delivered from Registrars.
I was not given any option to review and correct or get it corrected before all the process is completed.
I am having tough time getting this fixed.. they are asking me to send KYC forms again… this is pure negligence from Zerodha staff in updating the address if manually did or issues with the data formats if it is automated.
My address in Aadhar as well as existing KYC is as follows, which is decent enough to locate my house
35, MERIDIAN ENCLAVE,
NIZAMPET ROAD, PRASHANTH NAGAR,
HYDERNAGAR, HYDERABAD , TELANGANA -500 085
But It in Zerodha it is messed as follows :
35 MERIDIAN ENCL NIZAMPET, ROAD PRASANTH NAGAR
HYDERNGR, TIRUMALAGIRI JNTU KUKATPALY, HYDERABAD,
Hyderabad, 500085, Telangana, India