What is TPIN? How do I get it for selling shares?
What is TPIN?
The TPIN is a 6-digit pin that is sent to your registered mobile and email. In case you have an existing account, you would have received a Pin already on your registered Email ID and Mobile Number with 5paisa.
For new accounts, the PIN is generated and sent to your Email ID and Mobile Number within 2 days of the activation of the account. The TPIN is used only to authorize the selling of shares from your DEMAT account. The same TPIN can also be used for the transfer of shares from your Demat Account to the 5paisa collateral account for availing of margin benefit.
If you ever forget the TPIN, you can always click on the Forgot TPIN link to get a new one. The TPIN is reusable and need not be generated for each transaction.
How do I get it for selling shares?
There are 2 scenarios to use TPIN for activating your selling authorization.
Scenario 1: When you have your TPIN, follow the steps given below-
- Log in to the 5paisa Application
- Go to the ‘My Watchlist’ section
- Tap on the ‘3 bars’ on the right of My Watchlist
- Tap on Sell Authorization
- Tap on 'I have a PIN' and you'll be redirected to the CDSL website.
- Enter your pin and tap on verify
- Enter the OTP you received on your registered mobile number & email ID and click on submit
- Your sell authorization is active
Scenario 2: When you do not have your TPIN, generate it by following the steps given below-
- Log in to the 5paisa Application
- Go to the ‘My Watchlist’ section
- Tap on the ‘3 bars’ on the right of My Watchlist
- Tap on 'Sell Authorization'
- If you don’t have your TPIN, click on generate PIN
- You’ll receive your TPIN on your mobile number & email ID registered with the 5paisa Demat account
- Click on I have a Pin & Continue to CDSL and you’ll be redirected to the CDSL website
- Enter your TPIN and click on verify button
- Enter the generated OTP and click on proceed
- Your sell authorization is done and now you can place your selling orders for the day.
How to change the TPIN for selling shares?
You can change the TPIN directly from the CDSL website. Below are the steps to follow-
- Go to the CDSL website https://edis.cdslindia.com/HOME/ChangePin
- Enter your BO ID and PAN number and click on next
- You will get an OTP from CDSL on your registered mobile number and email ID.
- Enter your OTP and tap on next.
- On successful OTP verification, you will be asked to enter a new TPIN.
- The newly generated TPIN takes time to activate and can be used after 6 minutes.
The Forgot CDSL PIN link in the authorization screen will not work during market hours i.e. from 8:00 AM to 4:00 PM.
Steps to know your BO ID-
5paisa App >> User Section >> My Profile >> Modify >> Demat Account Details >> DP Account No. (it is your BO ID)
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