How do I authorize my sell transaction?

How do I authorize my sell transaction?

A new process of “Sell Authorization” has been added to ensure the secure transfer of shares from your demat account whenever you sell them (Applicable only for Selling Delivery and not Intraday). Under this new process, you will have to provide a single authorization for all the stocks in your demat account which is valid for the entire day. This process requires you to enter a 6-digit CDSL TPIN along with OTP sent by CDSL to your registered mobile number and Email ID. Same TPIN can be used every time you wish to sell your shares. You need not generate Pin for every transaction. 

Here’s how it works:



    • Related Articles

    • Can I also place Sell VTT orders?

      Yes, you can also sell positions with VTT orders. As per the new rules, a CDSL TPIN authorization is required for only cash scrips in your DP holding on the day when you want this sell order to be placed successfully. In case order is rejected due to ...
    • How is DP transaction charge levied?

      DP transaction charges are applied at the time of selling delivery shares from your DEMAT account and in some scenarios even when you are not selling shares. These charges are applicable with effect from 08th June 2020. DP Charges will  be levied as ...
    • How do I sell cash scrip which executes as a leg in VTT order?

      If you have a POA then selling scrips would not require sell authorization. In case of a non-POA account, this order might get rejected if authorization is not done on the day of order execution. Then the order would get rejected due to lack of ...
    • Can I exit from smallcase and sell my stocks?

      Whole Exit If you want to completely exit your smallcase position, you can do so by going to the Investments page > clicking on the smallcase you wish to exit > click on the Exit button After the exit smallcase pop-up opens up, you would need to ...
    • Will I get 100% margin benefit upon sell?

      No, If you sell stocks, we will release 80% margin under presumption that we will be able to deliver these shares to exchange in early pay-in.