Comment on POA - Power of Attorney for your Demat account
Is it possible that you can use poa to withdraw money from my linked saving bank account zerodha.
on zerodha Poa why have you mentioned this clause
I/We also undertake to pay such demat charges/fees and such other charges incurred by Zerodha under this Power of Attorney and
that I/We further authorise Zerodha to debit my/our account with Zerodha with the said charges as and when the same becomes due
for payment and I/we hereby undertake to pay the same immediately on demand made by Zerodha. All charges have been mentioned
in the Tariff sheet in the application form.
To validate on my/our behalf any such instruction so given to the Depository Participant(s), in written/physical or other form as may
be required by the concerned Depository Participant.
i think this is not req. for the same purpose which sir Nithin Kamath have mentioned above.