How to sell shares if POA or DDPI is not submitted?

How to sell shares if POA or DDPI is not submitted?

While Demat Debit and Pledge Instruction (DDPI) offers a convenient way to sell shares, it's not mandatory at 5paisa. Here's how you can still sell your holdings if you haven't activated DDPI:

Sell Authorisation: 

5paisa offers a secure process called "Sell Authorisation" to deliver sale shares (trades where you intend to permanently transfer ownership). This eliminates the need for repeated approvals for each sale throughout the day.

How Sell Authorisation Works:

  • One-Time Authorisation: You provide a single authorisation for all the delivery stocks in your Demat account, valid for the entire trading day.
  • CDSL TPIN Verification: A 6-digit TPIN (Transaction PIN) generated by CDSL, the central depository, is sent to your registered email and mobile number.
  • Single PIN for Multiple Sales: This same 6-digit PIN is used for all your delivery share sales throughout the day. No need to generate a new PIN for each transaction.

Benefits of Sell Authorisation:

  • Convenience: Sell shares efficiently without repeated approvals.
  • Security: CDSL TPIN verification ensures authorised transactions.
  • Streamlined Process: A single PIN simplifies your trading experience.

Contact 5paisa customer support for assistance with Sell Authorisation or to discuss how DDPI can enhance your trading experience.


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