If you had not given POA to your demat account you would have hindrance in selling shares as it could not be delivered without physical paper.  

 

There is however, a way to transfer shares from your demat account without submitting POA. You may do this through e-depository services, an internet based service which allows you to submit delivery instructions using a service called Speed-e.  

 

You may just transfer shares online using Speed E and your instructions will be downloaded by Tradeplus depository from SPEED-e website to do the needful. 


Here is How you can you register for SPEED-E.


a) Register as Password User

b) Register as Smart Card user 

Steps to Register as Password User where you may transfer shares up to 3 Clearing Members 
  • Visit https://eservices.nsdl.com/
  • Select 'New user Registration - Speed E Users' from the left Menu Panel
  • Fill up the registration form for Password Users 
  • Choose your own ‘User ID’ and ‘Password’ 
  • Fill up the registration form and click ‘Submit’ and get an acknowledgement 
  • Take a printout of the registration form and send it to us to our address  or email us the form to dpho@naviamarkets.com from your registered email id
  • On receipt of the form, we will register you as a Password User  
  • You may subsequently  operate your account through Speed-e 
To Register as Smart Card User to transfer shares to anyone without any limitation 
  • Visit https://eservices.nsdl.com/
  • Select 'New user Registration - Speed E Users' from the left Menu Panel
  • Fill up the forms under options provided for Smart Card Users 
  • Obtain Class 2 Digital Signature Certificate. 
  • Submit duly filled up application form to us at our address along with the screen shot of Digital Signature Certificate and self attested copy of PAN Card 
  • On receipt of the form you would be registered as a Smart Card User 
  • Using Smart Card, you can operate your account through Speed-e

Register for Speed-e and Trade Seamlessly.

To know more about Speed-e click here


To know about POA click here