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:
How can I sell Digital Gold via 5paisa?
Selling your accumulated gold through 5paisa can be done in 3 simple steps: Visit https://digitalgold.5pinvest.com/ You can decide the number of grams or amount of gold you want to sell Review the Bank & click on Confirm button Proceeds will be ...
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 much time is taken for settlement in the account when I sell gold through 5paisa?
Proceeds of digital gold sold through 5paisa will be sent within 4 working days to your bank account after deducting any applicable transaction charges (which will be disclosed in advance). If the sell transaction has been made on Friday/Saturday or ...
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 ...