- A depository is an institution/organization which holds securities with it in Demat form. A Depository Participant ('DP') is the agent or the registered stockbroker of such depositories.
- CDSL (Central Depository Services Limited) and NSDL (National Securities Depository Limited) are depositories registered by the Indian government to hold multiple forms of securities like stocks, bonds, ETFs, and more in Demat form.
- Demat transaction charges are the DP transaction charges levied by CDSL on all Sell transactions from your Demat holdings (Equity Delivery).These charges, irrespective of the share value, amount to ₹18.50 + GST per scrip per day.
What are the Depository Participant transaction charges or DP charges?
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