To activate DDPI with ICICI Securities, follow these steps:

Online Activation:
1. Log in to your ICICI Securities account.

2. Navigate to the ‘Self Help’ section.

3. Scroll down and select ‘Place service request’

4. Select ‘Enable DDPI’.

5. Click on ‘Enable’

6. Select consent and Proceed.

7. Scroll down and 

8. Click on Proceed with Estamp.

9. E-stamped document will be available. Read and click Okay.

10. You will be redirected for E-signing the documents. Select the consent and click on ‘OTP based esign’

11. Enter your Aadhaar number, select consent and Click on Send OTP.

12. Enter OTP received on the Aadhaar-linked mobile number and click on ‘Perform E-sign’

13. Your document will get processed digitally, It might take a minute to process the document. Do not close the window.

14. Your application will be successfully submitted. It will take upto 2 working days to activate your DDPI. You will receive confirmation mail and SMS once DDPI is activated in your account.

DDPI is a more secure and limited authorization compared to POA. While POA grants broad authority to the broker, DDPI restricts the broker’s ability to debit securities only when you place a sell order, providing better control over your assets.

As per SEBI regulations, DDPI has replaced POA for the purpose of debiting securities for sale transactions. Therefore, activating DDPI will supersede the existing POA for these specific transactions.

The DDPI activation process typically takes up to 48 hours after submission. You will receive a confirmation email and SMS once the DDPI is processed and activated.

Yes, Non-Resident Indians (NRIs) can activate DDPI. NRI customer’s needs to submit physical request to nearest Demat enabled ICICI bank branch.

Yes, Corporate/ HUF can activate DDPI. Corporate/ HUF customer’s needs to submit physical request to nearest Demat enabled ICICI bank branch.

DDPI stands for Demat Debit and Pledge Instruction. It is a document that authorizes your broker to debit securities from your demat account and deliver them to the exchange when you place a sell order. This eliminates the need for OTP and MPIN during the selling process, streamlining your trading experience.

Opting for DDPI offers several advantages:

• Simplified Selling Process: With DDPI, you no longer need to enter the M-PIN and OTP for each sell order, making the selling faster and more efficient.

• Immediate Execution of GTT Orders: Good-Till-Triggered (GTT) sell orders are executed automatically once the trigger price is hit, without requiring manual confirmation.

No, submitting DDPI is optional. Clients who have not submitted DDPI can continue to use the MPIN and OTP while selling the shares.