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

Shashank commented on 27 May 2020, 11:04 PM

Not sure whether you read complete information, we have an option to authorize all the stocks in our account (valid for 90 days)
For eg. Today you have authorized all your stocks in CDSL portal then till August 27 you can directly sell the stocks from Kite without loosing your margin with price seen on screen.
However this is applicable to existing stocks, after authorization if buy new stocks then repeat the same process.

It is highly unlikely that you would buy the stocks and sell it within a minute, so there is no loss if you plan properly.

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