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Why do I have to sign a Power of Attorney (PoA) with SMC Global?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

The PoA is a limited purpose permission from you to the broker to conduct certain specific Demat activities on your behalf. The activities include Debit of securities when you sell it, pledge securities for availing a loan etc.



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