Understanding TPIN in Zerodha: A Comprehensive Guide for Enhanced Security and Transactions
Zerodha, a leading stock trading platform in India, implements a Transaction Personal Identification Number (TPIN) as an additional security measure for certain transactions. This guide will delve into the various uses of TPIN, its significance, and practical applications in the context of Zerodha.
Security Benefits
The primary purpose of TPIN is to enhance the security of transactions on the Zerodha platform. By requiring a TPIN, Zerodha ensures that only authorized users can execute trades or investments. This additional layer of security helps protect against unauthorized access and ensures the integrity of your investments.
TPIN Usage in Mutual Fund Transactions
When you invest in mutual funds through Zerodha, you may be required to enter your TPIN to complete the transaction. This requirement is especially prominent for transactions that involve the transfer of funds. The TPIN acts as a verification mechanism, ensuring that the transaction is authorized by the investor.
One-Time Use and Authentication
A TPIN is typically used for a specific transaction and is both one-time and user-specific. This means that once a TPIN is used for a transaction, it is no longer available for subsequent uses. Additionally, TPIN serves as a form of authentication, verifying the identity of the investor and protecting against unauthorized access. It is generated or requested through the Zerodha platform or related services.
Setting Up TPIN in Zerodha Account Settings
To use TPIN, you need to set it up in your Zerodha account settings. Once set up, you can receive the TPIN via SMS or email, depending on your configurations. This ensures that you have the necessary means to authenticate your transactions securely.
Selling Shares via Zerodha
When selling shares online via Zerodha, you may use the TPIN feature to give Zerodha the authority to remove certain shares for a short period. This is an alternative to providing a Power of Attorney (PoA) when the account is first opened. The TPIN acts as a direct replacement for the PoA, providing a seamless and secure way to manage your share transactions.
Regulatory Changes and CDSL TPIN
Due to recent regulatory changes by CDSL, if you are a non-POA customer, you must use the CDSL TPIN and One-Time Password (OTP) instead of your Kite PIN to authorize the debit of securities from your demat account for delivery sale transactions. You will receive the CDSL TPIN to your registered mobile and email address from If you have not received it, you can click here to generate it.
With the CDSL TPIN, you can pre-authorize the sale of your stocks at the beginning of each trading day. This allows you to avoid the need to authorize each delivery sell order individually during the day, streamlining the process and ensuring efficient trading operations.
For more information on TPIN and how to use it effectively, visit our knowledge center. Secure your transactions and protect your investments with Zerodha's robust TPIN system.