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.