| The Depository Participant (DP) charge is a fee imposed by the depository participant (Tradejini), when you sell shares from your demat account. This charge amounts to ₹14.50, including ₹5.50 Depository (CDSL) charges. Additionally, there is an 18% GST applicable to this charge. It’s important to note that these charges are debited on a daily basis for each stock sold, regardless of the quantity sold. In case your transactions do not result in delivery then there will not be any charges. |
| For instance, let’s consider a few scenarios: |
| 1. If you sell 500 shares of Tata at 11:10 AM and another 50 shares at 2:15 PM, the total DP charge for the day would be ₹14.50 + 18% GST will be charged twice as you have sold shares in two separate orders in the same day. Therefore the total DP charges for the day will be ₹29 + 18% GST. |
| 2. Had it been one shot sale of 550 shares of Tata then only one time DP charges would have been applicable and the total charges for the day will be ₹14.50 + 18% GST. |
| 3. If you sell 50 shares of Tata at 10:00 AM and 10 shares of Infosys at 2:00 PM, the total DP charges for the day would be ₹29 + 18% GST (₹14.50 multiplied by 2). |
Start investing now!
Account opening in less than 5 minutes steps
