What is PoA for SAS Online Demat account? Why is it required?

SAS Online Account Opening

Pay Rs 999 per month for unlimited trading or flat Rs 9 per Trade. Open Instant Demat Account and start trading today.

A power of attorney or POA is limited purpose permission from a trader that gives specific rights to the broker in relation to his/her demat account. It allows the broker to Debit/credit/block/ creates lien/pledge of your depository account.

 

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