What is TPIN in Upstox | POA | EDIS

What is TPIN in Upstox

Trading & Personal Identification Number (TPIN) is a crucial 4-digit security code required by non-Power of Attorney (POA) customers to authorize equity sell transactions. This process replaced the One Time Password (OTP) based electronic scheme called EDIS, that was earlier used by retail investors without a POA mandate to dispose of their shareholdings. In order to enhance safety and prevent unauthorized selling, almost all major brokerages including heavyweights like Upstox, Zerodha and more have implemented TPIN authentication for their non-POA clients.

Every constituent will receive their unique TPIN on their officially registered email address or mobile number from Central Depository Services Ltd (CDSL). This demat account overseeing authority has enabled the TPIN feature to effectively tackle occurrences of illegal offloading from customer accounts without their knowledge. Analysts believe this know-your-customer (KYC) diligence combined with TPIN layers significantly mitigate risks arising from cyber fraud or imposter scams that usually target share market investors.

To make sure transactions are secure, you need to enter your client ID, DP ID-Client ID, PAN details, and a special TPIN. This prevents unauthorized delivery instructions that could harm your portfolio value. Unlike one-time OTPs, the always-on TPIN provides lasting protection without expiration worries.Along with TPIN, there will be an additional OTP to enter. This process makes it more safer.

Remember to keep your TPIN secret, and if you suspect any compromise, promptly request new codes to prevent exploitation. Following careful digital practices is crucial for security.

Check out this video for more info - https://youtu.be/yQbgEd0KV40?si=5KT30SYUVQ1xGq7Z

Share Market Malayalam YouTube channel's this video is about power of attorney POA, eDIS, TPIN. It also explains the difference between a trading account and demat account.

Time stamp 

0:00 Intro
1:00 Difference between trading account and demat account
1:40 What is power of attorney or POA
2:20 What is DIS
3:05 What is eDis
3:58 What is TPIN

How to generate TPIN in upstox

As we discussed above we need TPIN to sell a share in upstox. You can generate TPIN in two ways. First method is using upstox itself. To generate TPIN in upstox, follow steps below,

1. First open profile/my account section.
2. Click and go to the Account section.
3. Click on Power Of Attorney.
4. Select the get new PIN’ button from there.
5. You will receive the TPIN from CDSL via SMS and email. This TPIN won’t expire until you generate a new one.

Second method is by using CDSL TPIN Generation website. For that first you have to note down your BO ID (Demat account number) and Pan number. You can find this BO ID from profile section in your upstox mobile app or in CDSL TPIN box (which opens to enter TPIN while selling a stock from your demat). If you are using mobile app, after logging in click on icon at top left corner, then click on your name. You can find your 16-digit Demat account number or BO ID there. If you are using pro web, you can access this number by clicking on ‘My account’ section.

Steps to generate TPIN using CDSL website is explained below.

1. Go to CDSL TPIN page : https://edis.cdslindia.com/home/generatepin
2. Enter your BO ID  and PAN number.
3. After submitting these details, CDSL will send you an OTP on your registered mobile number, 
4. Enter the OTP.
5. CDSL will now send you the TPIN via SMS and email on your registered mobile number and email ID. 

Recent updates in TPIN based selling process

From 21 February 2021, there was some updates in TPIN authorization process. Now onwards you will get an OTP also while selling a stock. You have to enter both TPIN and OTP to authorize transaction. You will receive this OTP in your registered mobile number and email.

Another major update was about validity of TPIN authorization. From now onwards you will have to authorize with TPIN same day you sell a stock. Till now TPIN authorization validity was 90 days. But from now TPIN authorization will be valid only for 1 day.

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