eDIS or Sell authorization?

eDIS or Sell authorization?

eDIS or Sell authorization?

Electronic Delivery Instruction Slip or eDIS is a facility which allows you to sell shares when you have not submitted your Power of Attorney (POA).


Please note: You can only sell the stocks you are holding in your linked Demat account. You may submit your POA to ensure a seamless trading experience.

 

eDIS is activated automatically on our digital trading platforms for all customers who have not submitted their POA.


eDIS facility is available only to Demat accounts which are in single name. It is not available to Demat account holders with joint names and NRI Demat accounts


In the absence of POA, without eDIS authorization (on the day of the transaction or before that), you will not be allowed to place a sell order.

eDIS is only applicable for delivery-based transactions for shares in your Demat account.

For transactions through eDIS, you will have to authorize your trades before executing a ‘sell’ transaction.


eDIS authorization is not required for buying shares, but only for the ‘sell’ transactions.

 

You can authorize only those equity quantities that are present in your Demat. You can authorize partial quantities from your Demat balance or the entire quantity for the selected equities. But the quantity cannot exceed the balance available in the Demat account.

 

TPIN/MPIN is an authorization code generated by CDSL respectively, using which the customer validates/authorizes the transaction

 

TPIN/MPIN is an authorization code generated by CDSL respectively, using which the customer validates/authorizes the transaction.The TPIN/MPIN will be of 6 digits.

 

If you enter a wrong TPIN/MPIN, you will not be allowed to authorize transactions. On entering an incorrect TPIN/MPIN thrice consecutively, your existing TPIN/MPIN will become invalid, and you will need to generate a new one.


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