IIFL POA
IIFL POA (Power of Attorney) is a legal document that permits IIFL Securities Ltd to debit shares from the client’s Demat account. At the time of the IIFL account opening, it is necessary for customers to submit POA to the broker. Let’s find out more on IIFL demat POA:
- POA is a voluntary authorization by the client to allow the broker to debit shares from his IIFL demat account.
- IIFL demat POA is free of cost, and there are no charges levied on it.
- If you want to trade-in futures & options means derivative segment, then, POA is not required.
- IIFL Demat POA will be in force or active till your IIFL account is active or not closed.
For more details please visit : Open IIFL Demat Account
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