Power Of Attorney For Demat Account & Why It Is Important
Power Of Attorney For Demat Account & Why It Is Important

A Power of Attorney is a document given at the time of opening a demat account which is widely misunderstood by retail investors. To start, I would remind you that demat account is used as a safe to hold shares electronically. Power of Attorney is a part of documentation when you open a demat account with us just as any other stockbroker in India.

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