Why do I need to submit POA in Zerodha?

The POA (Power of attorney) gives the right to the broker to debit shares on your behalf out of your holding.

If you don’t submit the POA, you have to do the CDSL Authorisation(online) of your holdings, on the day you sell your shares. You have to enter the CDSL TPIN to authorize the sell transaction.

You can send the physical POA to Zerodha’s head office to avoid the authorization process. To download the POA application form visit this link.