Yes, you can open Demat account without providing POA where you’ll have to Buy & Sell the shares through E-DIS. But in the absence of a POA, you would not be able to pledge shares that you have in your holdings for margin benefit. You can go through this blog Demat Account Without POA for more information on E-DIS and how it is different from the Demat with POA.
We have introduced the E-DIS facility for your hassle-free and smooth trading experience.
Kindly make sure you read the account opening documents as prescribed by SEBI. Secure your account from unauthorized transactions by updating your mobile numbers/email IDs. Receive information directly from the Exchange on your mobile/email at the end of the day. Issued in the interest of the investors. In case a client has any query/feedback/clarification/complaint write to management@fyers.in. A client can also opt to write to NSE here or MCX here or BSE here.