Comments

    1. TradeSmart

      Hello Tejas,
      DP charge and DPC (Delayed Payment Charge) both are different. DP charge of Rs.15 per scrip is charged when you sell the delivery shares. Please refer to our another article on DPC charge to know how DPC is charged.

  1. Arpit Kansal

    But if I buy a share of, suppose, ₹16 and sell at ₹20. Will I need to pay ₹18(approx DTC)?
    And per scrip means, per lot or per share?
    If I have 200 Shares and I sell them in one go, will I be charged ₹200*18 or ₹18 ?

    1. Trade Smart Online

      Hello Arpit,
      If you buy shares and sell those shares on same day then no Demat Transaction Charge (DTC) is charged to you. Once you buy shares, you shall receive those shares on 2 working days to your demat account by the exchange. DTC is charged only when you sell the shares which are in your demat account.
      Lets understand with an example. Let’s assume you have 100 qty of A stock, 200 qty of B stock and 500 qty of C stock, in your demat account. On any day, if you sell A stock with any quantity then Rs.15+GST DTC will be charged. Along with A stock, if you sell B stock and 200 qty of C stock then DTC will be (3*18)+GST. This means, per day for one company stock (Any qty) you will be charged Rs.15+GST. Hope we addressed your query.

    1. Trade Smart Online

      Hi Sorabh,
      Demat transaction charge is not applicable to intraday trades. It is changed only on sell side for equity delivery trades.

    1. Trade Smart Online

      Hello Shanu,
      Demat charges are charged on sell side for equity delivery based transactions. This is charged for providing the services of depository. Services like, when you buy shares, your broker deposits the shares into demat account. The same way, when you sell, the shares need to be given to exchange. This charge is a source of revenue to the Depositories & its participants. Similar to how Exchanges charge Transaction fee, Brokers charge brokerage, Depositories & DP’s charge DP charge.

    1. Trade Smart Online

      Hello Chanpreet Singh,
      When you buy any shares through your trading account, you are not required to transfer shares to demat account. It will automatically be transferred to your demat account after the settlement of T+2 days.

  2. Pingback: Where can I find a list of all the charges applicable? | Knowledge Base

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