Can someone else operate my demat account on my behalf on the basis of Power of Attorney?

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Are you a day trader?

Yes. If you authorize any person to operate your account by executing a power of attorney, that person can operate the account on your behalf. However, you need to submit a Notarised copy of the POA to your DP. Ensure that the POA has the signatures of both, the Donor and the Donee. The POA holder is also subject to KYC norms of the bank. However if the POA is submitted at the time of account opening, it is mandatory that the holder signs the account opening document.

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6 Comments

Akhil
6. Akhil  Oct 23, 2020 14:37 I Like It. | Report Abuse Reply 0
I want a good trader i will give u 30 % to 40 % profits share
VANISHREE RAMANAN
6.2. VANISHREE RAMANAN  Feb 28, 2021 08:51 I Like It. | Report Abuse 0
Hi,
I would be interested in handling account with profit sharing. If you are interested please reply fir further discussion
daya
6.3. daya  Mar 7, 2021 12:04 I Like It. | Report Abuse 0
yes i can operate your demat account
Ram Charan Das
5. Ram Charan Das  Mar 6, 2021 21:11 I Like It. | Report Abuse Reply 0
Hare Krishna dandvats, I want someone to operate my demat account can anyone help me with it and what are the charges for the same please advise, thanks, Hare Krishna.
daya
5.1. daya  Mar 7, 2021 12:06 I Like It. | Report Abuse 0
yes i can operate your demat account
Shubh saxena
5.2. Shubh saxena  Mar 9, 2021 07:39 I Like It. | Report Abuse 0
3500/- fixed charge upto 50k capital.
jo
4. jo  Mar 30, 2021 15:51 I Like It. | Report Abuse Reply 0
I am very much interested in having my demat account operated. Please leave email address for contact below the msg
Sanjeev Kumar
3. Sanjeev Kumar  Apr 10, 2021 14:06 I Like It. | Report Abuse Reply 0
I want to someone handle my trading account , pl call me
Sanjeev Kumar
2. Sanjeev Kumar  Apr 10, 2021 13:51 I Like It. | Report Abuse Reply 0
Kya process hai sir, pl call me,
Vinay Chandra Malhotra
1. Vinay Chandra Malhotra  Sep 30, 2020 08:23 I Like It. | Report Abuse Reply 0
Requires demat handling operator for my account, give your best offer
VANISHREE RAMANAN
1.2. VANISHREE RAMANAN  Feb 28, 2021 08:56 I Like It. | Report Abuse 0
Hi,
I would be interested in handling your trade account. If interested please revert for further discussion.
Regards
Vanishree
HARI
1.3. HARI  Mar 1, 2021 16:46 I Like It. | Report Abuse 0
Hi, We can handle your account. We have an experience of 20 years in trading.
Pls. advise your interest. PLS. EMAIL US TO DISCUSS FURTHER.


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