Comment on CDSL introduces PIN-based pre-authorisation for selling stocks

Nakul commented on 27 May 2020, 09:13 PM

1. As explained in the post, the pre-authorization process isn’t applicable to clients who have given us the POA (accounts opened before November 2019). Since your account was opened before this date and you had given us the POA for your account, the TPIN wouldn’t be required now. However, we’ll soon give an option to clients to revoke the POA and use the TPIN authorization process.

2. The TPIN won’t be required for intraday transactions.

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