How do I generate the CDSL TPIN required to authorise my CNC sell transactions?
CDSL has made a change in their e-DIS process which will be applicable from June 1st, 2020 for all our customers who have opened an account without giving us a physical POA. You have to now use the CDSL TPIN instead of your Kite PIN, and authorize the stocks to be debited from your demat account before placing a delivery/CNC (including GTT) sell order on Kite.
You would have received the CDSL TPIN to your registered mobile number and email address with CDSL. The mobile number and email ID updated with CDSL would be the same as it appears under the ‘My Profile' page on Console. Make sure to confirm that your correct email address and mobile number is updated here. Do remember the TPIN, as it would be required to authorize stocks with CDSL before you can place a delivery/CNC sell order for them on Kite. If you haven’t received it, click here to generate a new TPIN.
- Upon clicking on the link, you will land on the page shown in the screenshot below. Here, enter your 16-digit demat account ID and PAN number after which click "Next".
2. An OTP will be sent to your registered email address and mobile number for verification which has to be entered on the next page as shown below.
On successful verification, you will receive the CDSL TPIN on your registered mobile number and email address using which you can authorise your delivery/CNC sell transactions.
You can also set a TPIN of your choosing by setting your TPIN on this link.
Upon successful verification of the TPIN, you will get a page with a list of all the stocks/mutual funds that you have selected to be authorized. You will have to enter the OTP sent by CDSL to your registered mobile number and email id to complete the authorization. Here, you can refer to the settlement date for which you are authorizing the units as well. On the settlement date, the stocks/mutual fund scheme units will be debited from your Demat account.
You can check this video for an explanation of the above points.
The relevant terms and conditions applicable on e-dis instructions are available here.