What does Depository Participant (DP) charges means at 5paisa?
Demat transactions and AMC charges are the components of DP charges, all of which are associated to your Demat account.
When shares are sold from the demat
account. The charge is ₹12.50 + 18% GST and is applicable per scrip, regardless
of the quantity sold.
At 12:00 PM, 500 shares of SBI were sold, followed by another 50 shares sold at 3:00 PM. The cumulative DP charges for the day would amount to ₹12.50, along with an additional 18% GST.
The day's activity included the sale of 50 shares of SBI at 11:00 AM and 10 shares of ITC at 12:00 PM. The total DP charges for the day would be ₹25, accompanied by an 18% GST (calculated as ₹12.50 * 2).
List of Charges
Types of charges Fees Demat Maintenance Charges ₹0 if your holding value is less than ₹50,000 up to 1 Demat account. ₹8 if your holding value is ₹50,000 to ₹2,00,000 up to 1 Demat account. ₹25 if your holding value is above ₹2,00,000 up to 1 Demat ...
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 ...
What are the STT charges in contract notes?
STT, short for Securities Transaction Tax, is a tax levied on share/securities/stock transactions, wherein investors are required to pay a small tax on the total consideration paid or received. This tax is remitted to the Government through the ...
What documents are required to open an account for Limited Liability Partnership (LLP) at 5 paisa?
Limited Liability Partnership (LLP) accounts can be opened using offline mode. The specific documentation requirements for initiating a Limited Liability Partnership (LLP) account depend on the KYC/KRA status. To conveniently check the status, please ...
Charges for MF pledge & Unpledge
The above charges are exclusive of GST and shall be debited from your ledger account as and when you pledge or unpledge shares in your account.