Is POA mandatory at Choice Broking?

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Power of Attorney (POA) at Choice Broking is not mandatory. 

Though POA is not mandatory, signing a POA helps ease the process in case of a sell transaction where a broker can debit your Demat account for the shares sold to settle the trade on time. 

In case you do not wish to sign a POA, you can opt to authorize the E- Delivery Instruction slip (E-DIS) or transfer the shares to the broker account each time you sell any shares. You need to ensure the shares are transferred to the broker account on time to avoid any failure of the trade.


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