Back to FAQs
Can I use Broker Pool Demat Account to keep my share and do not give Power of Attorney?
Updated 4 November 2025
Language: EN
Technical yes but it’s not allowed by most if the online brokers. Brokers are not supposed to keep the shares in their pool account.
Brokers transfer shares to your demat account as soon as they receive.
The settlement cycle in India is T+2 which means shares will hit your demat account 2 working days after your purchase.
Get more detail about Demat PoA:
Power of Attorney for Demat Account - Explained with Examples and FAQs
How do I safeguard my Demat Account with Power of Attorney to Broker?
Are there different types of Power of Attorney?
What is the validity of my Power of Attorney for demat account?
Are there any charges associated with Demat Power of Attorney?
Does broker allows time bound Power of Attorney for Demat Account?
Should Power of Attorney be printed on the Stamp Paper?
Can I sign Power of Attorney online?
Can a Broker misuse the Power of Attorney?
Can a Broker withdraw money from my linked bank account using the Power of Attorney I gave?
Can I use Broker Pool Demat Account to keep my share and do not give Power of Attorney?
Can I trade in Futures and Options without Power of Attorney to my Demat account?
My signed Power of Attorney is still in courier. Can I still trade?