- Clients can authorize the debit of their Demat account using any of the following methods:
- Power of Attorney (POA): The client grants a POA to a third party (like a broker) to manage transactions on their behalf.
- Delivery Instruction Slip (DIS): A physical slip submitted to the Depository Participant (DP) for authorizing a debit.
- Electronic Instruction Platforms of Depository (easiest): CDSL offers a platform called easiest, accessible via the CDSL website or the Myeasi mobile app. This allows clients or their POA holders to give electronic instructions anytime, anywhere.
- Electronic Instruction Platforms of Stock Brokers/Depository Participants (eDIS): Clients can also submit electronic instructions through platforms provided by their stock brokers or DPs via CDSL.These electronic platforms provide a convenient, secure, and paperless way for clients to authorize debits from their Demat accounts.
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