Comment on POA - Power of Attorney for your Demat account

Yogesh commented on 11 Apr 2016, 10:17 AM

since you do not offer EASIEST facility of CDSL, do you at least allow freezing and unfreezing of demat account/ISIN (held with Zerodha) by the account holder by submitting instructions online? I think this is one the feature that you have to provide as per the requirements of CDSL (or SEBI).

I am skeptical of transferring my demat holdings to Zerodha demat unless I am sure that you have the right internal control systems in place to protect the account. Freezing the account adds an extra layer of protection and it actually prevents an erroneous/unauthorized debit.

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