Does Zerodha offer CDSL Easiest facility?

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Are you a day trader?

No. None of the online stock brokers offers CDSL Easiest facility to its customer. The reason is, when you register for CDSL Easiest, the broker loses the POA (Power of Attorney) over your Demat Account. This means that you cannot sell shares from your holdings using your trading platform because the broker will no longer be able to debit your shares from Demat.

They recommend using DIS (delivery instruction slips) for share transfers to another Demat account.

Note that CDSL Easiest is to submit off-market, on-market, inter-depository and early pay-in debit instructions from their DEMAT account using CDSL online portal.

 

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