You must authorise your mutual fund units for redemption using CDSL TPIN after your Systematic Withdrawal Plan (SWP) order triggers at 10:00 AM, unless you have already submitted a Power of Attorney (POA) or Demat Debit and Pledge Instruction (DDPI). The authorisation is valid until 3:00 PM on the same day, after which the units must be authorised again.
This authorisation allows CDSL to debit mutual fund units from your demat account during redemption.
How to get your CDSL TPIN
You will receive your CDSL TPIN through:
- SMS to your registered mobile number
- Email from [email protected]