Zerodha is a popular brokerage firm in India that offers its customers a wide range of investment options, including equities, derivatives, currencies, and commodities. One of the most popular ways to invest in the Indian stock market is through Power of Attorney (PoA). PoA is a legal document that allows a person or entity to act on behalf of another person or entity in financial matters. In the context of Zerodha, PoA enables the broker to carry out transactions on behalf of the client, without requiring the client's prior approval for each transaction.

How to activate PoA in Zerodha?

To activate PoA in Zerodha, you need to fill PoA form. This PoA form PDF can be download from its website by contacting Zerodha’s customer service. You get some details prefilled in the PoA form. When the form is completely filed then send it below address.

Courier PoA form at this address:

Zerodha,

153/154, 4th Cross, J.P Nagar 4th Phase,

Opp. Clarence Public School,

Bengaluru - 560078

The activation process may take a few days to complete, depending on various factors such as your bank's processing time and the volume of PoA activation requests received by Zerodha.

Conclusion

Activating PoA in Zerodha is a straightforward process that can be completed online. By activating PoA, you can enjoy seamless and hassle-free trading on the Zerodha platform, without having to give prior approval for each transaction. However, it is essential to be careful and accurate when filling in the details and signing the PoA form, as any errors could lead to delays in the activation process.

Note:- Zerodha no longer collects POA from clients because it has been replaced by Demat Debit and Pledge Instruction as of November 19, 2022. 

 Open Your Demat Account with Zerodha