Tpin cdsl for option

For non POA accounts tpin has to be generated for stocks is it same for the Options as well?

Is tpin required for nifty index-option is still not clarified. Please clarify

It’s applicable only for the equity segment, for Index FNO it is not required. For stock futures and options if you have a short position and it is physically settled you need to authorize for debiting of shares from your Demat (In case if you want to give your shares for physical delivery).


@moderators @staff
if one has a short call which may need to be physically settled if it goes ITM, can we “authorize” it well in advance so that shares can be sold by broker on expiry if required (and not sold if not required) ?

When to authorize?