How is DP transaction charge levied?

How is DP transaction charge levied?

DP transaction charges are applied at the time of selling delivery shares from your DEMAT account and in some scenarios even when you are not selling shares. These charges are applicable with effect from 08th June 2020. DP Charges will  be levied as per below mentioned conditions:

2.1. Any Transfer of shares from your demat a/c or Unpaid Securities a/c or Margin a/c or Margin Funding a/c upon selling of shares DP charges applicable at Flat Rs. 12.50/-

2.2. For any transfer of shares from your demat a/c to any other demat a/c as requested by you, DP charges applicable at Flat Rs. 12.50/-

2.3. NO DP Charges applicable for any transfer of shares from Unpaid Securities a/c to your demat a/c. This is applicable for clients who create debit balances and for Non POA clients.

2.4. NO DP Charges applicable for any transfer of shares between two margin a/c executed on your behalf eg. Cash Margin to MTF margin or vice versa.

2.5. NO DP Charges for any transfer of shares from margin a/c to your demat a/c in quarterly settlement.

All the above charges are not applicable for our Platinum and Titanium subscribers. They will enjoy all these services FREE of cost. For our basic users, these charges are per transaction, per scrip. Other Demat charges applicable as per the DP tariff sheet remain unchanged. 

Note: For any transfer of shares from your demat a/c to our Margin a/c for availing margin benefit or for margin under Margin Trading Facility, DP charges applicable at Rs. 50 per script.

CLICK HERE to learn about various charges. The above changes shall continue till further intimation from us.