EDIS: Process, Benefits & How to Enable Electronic DIS for Trading

Investors have the ability to approve their selling transactions online using the Electronic Delivery Instruction Slip, known as eDIS. This eliminates the need for a Delivery Instruction Slip or Power of Attorney. To access eDIS and confirm their selling activities, investors need to input an MPIN for NSDL or a TPIN for CDSL. By doing this, it removes the requirement for physical paperwork and ensures secure authorization for the transaction.

For ease of use, investors have the option to approve all their selling transactions simultaneously, which speeds up and simplifies the entire process. This function is particularly beneficial for those who frequently carry out several transactions, as it minimizes the hassle of approving each one separately. Additionally, a single use password is required for final confirmation, which is sent to the registered mobile device, adding an extra level of security and ensuring that only the authorized user can finish the transaction.

To sum up, the eDIS service improves how investors handle their transactions, making trading more efficient and secure. This electronic approach offers a seamless and user friendly experience, showcasing advancements in financial technology designed to enhance the investor's journey.