What is DDPI? Why Should You Opt for DDPI?

The Demat Debit and Pledge Instructions (DDPI) gives consent to authorise ASHIKA STOCK BROKING LIMITED (ASBL) for the following purposes: 

1. Transfer of securities towards Stock Exchange-related deliveries / settlement obligations arising out of trades executed by clients on the Stock Exchange through ASBL. 
2. Pledging / re-pledging of securities in favour of ASBL/Clearing Member/Clearing Corporations for the purpose of meeting margin requirements of the clients in connection with the trades executed by the clients on the Stock Exchange.
3. Mutual Fund transactions are being executed on Stock exchange order entry platforms.
4. Tendering shares in open offers through Stock Exchange platforms.

Once you submit the DDPI, you won’t need to provide the CDSL T-PIN and OTP for each share transaction. While using DDPI is optional, you still have the option to sell shares by entering the T-PIN for each transaction.

How To Set Up DDPI on Dhanush?

If you have an existing account with us and wish to activate your DDPI, follow these steps:

1. Download the DDPI activation form here.
2. Sign and submit the hard copy of the same at our Head Office(Kolkata).
3. DDPI will be activated within 24 hrs of receiving, if found in order.
4. Once DDPI is activated you will receive a DDPI activation confirmation email from ASBL & Depository.

Head Office (Kolkata) address:  
Ashika Stock Broking Limited
Trinity, 226/1, A.J.C. Bose Road,
7th Floor, Kolkata – 700 020
Kolkata, India.
 
Once  DDPI gets activated your existing PoA will be automatically replaced with submitted DDPI.
Further,for queries if any, please write us at dpservices@ashikagroup.com