InvestorQ : What is the CDSL TPIN and what is the problem that clients have been facing recently?
Debbie Mascarenhas made post

What is the CDSL TPIN and what is the problem that clients have been facing recently?

Answer
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Crowny Pinto answered.
4 months ago


When the Karvy scam broke with the broker misusing the power of attorney, the CDSL has devised a way of selling stocks in online trading platforms without giving POA to the broker. This was done through the CDSL TPIN facility. The CDSL TPIN is an authorisation service for selling stocks seamlessly from the demat account without giving physical debit instruction slips (DIS). Over the last few days, this CDSL TPIN has been having teething issues intermittently. However, CDSL has affirmed that it is working on resolving the issue. This assumes importance from June 01 onwards.