Harish3
February 12, 2024, 12:48pm
1
Do depository participant(DP) charges apply on both buy& sell orders
Divyesh
February 12, 2024, 2:02pm
3
Hi @Harish3
The DP charges is applicable only on selling shares from the Demat account. Additionally, there are various transactions where DP charges are levied like pledge and pledge charges. Please read more in the below post.
We are a registered Depository Participant (DP) with CDSL and when you complete the onboarding process, a demat account is opened in your name to hold securities electronically. Any buying or selling transactions that take place on stock exchanges are settled and recorded in your demat account by way of a credit or debit entry.
As your DP/Broker, we perform various transactions as per your instructions and these transactions are chargeable as per tariff sheet. Some common types of transactions …
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