As an alternative to the Power of Attorney (PoA), CDSL customers can now authorize their brokers to transfer shares from their demat account using a TPIN. It is a 6-digit password, which you can generate both via CDSL or our app.
Here is how you can use TPIN to place a sell order:
Select the scrip you wish to sell by tapping on the “sell” tab
On the next screen, click on the tab “Transfer to CDSL for Approval”
Enter the T-PIN if you already have one or you can generate the T-PIN by entering your PAN number and BO ID (this can be found in the profile section)
Once you enter the T-PIN, you will receive an OTP on your registered mobile number
Once you submit the OTP, the authorization process is complete.
You need to redirected to the sell screen again to complete your transaction
Please confirm the transaction is executed by visiting the Orders tab.
Note: This can be done for each scrip once a day or for all scrip together once a day. We recommend that you complete this first thing each day so that time is saved when you wish to execute the actual sell order.