TPIN is a 6-Digit Authorization Code issued by CDSL as an alternative to the Power of Attorney (PoA). It allows you to approve share transfers from your Demat Account when selling stocks.
To place an order using TPIN:
- Select the stock you wish to sell and click on the Sell option.
- Click on "Transfer to CDSL for Approval."
- Enter your TPIN (If you don’t have one, generate it using your PAN and BO ID).
- Enter the OTP received on your registered mobile number.
- Once approved, go back to the sell screen and place your order.
This authorization is required Once Per Day Per Scrip or For All Scrips Together. Completing TPIN approval in advance can save time during trade execution.