Does DP charges apply on T1 holdings, As far as I have known, there are no dp charges applied for a t1 holding. I purchased some shares on wednesday and then sold it on thursday(BTST trade) but still I have been charged DP charges. What am I missing?
1 Like
Hi @nilay_chugh
DP charges are applicable for Buy Today Sell Tomorrow (BTST) trades due to a change in the settlement process. Earlier, shares bought and sold on BTST were credited and debited from the broker’s pool account. Now, shares are credited and debited from the client’s demat account, even for BTST trades. Since shares are moved out of the client’s demat account, DP charges of ₹13.50 + 18% GST are applicable
Check our support article on this : Why is the DP charge applied for Buy Today Sell Tomorrow (BTST) trades?
1 Like
Hy @nilay_chugh
DP charges are applicable for Buy Today Sell Tomorrow (BTST) trades due to a change in the settlement process.
You can check for the detailed explanation here.
1 Like
oh okay, thank you for the information
1 Like