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CDSL has implemented TPIN, which allows investors to virtually authorise the sale of securities from their Demat accounts. TPIN is only valid for one day. Other than TPIN, OTP will be required when selling shares from a Demat account. TPIN is for investors who have not provided POA to their brokers.
The steps for generating a TPIN are listed below.
Connect to https://edis.cdslindia.com/home/generatepin.
Enter your BO ID (16 digits DPID) and PAN number.
An OTP will be sent to your registered mobile phone number and email address.
After successful verification, you will be sent the CDSL TPIN to your registered mobile number and email address.
Beneficiary Owner Identification Number (BOID) is a 16-digit number that is unique to each client and is used to identify your Demat account. Starting eight digits are the DP ID, and the rest eight digits are the unique DP client ID.