DP Charges Rules

Hi,

Please if someone can confirm that DP Charges are applicable only on selling & same charges are applicable for both NSE or BSE.

Thanks
PKS

Yes, DP charges are applicable only on the sell side. DP charges have no relation to the exchanges, it will be charged by the depositories (CDSL, NSDL) when the shares are sold from your demat account.

Thanks for such a Quick reply. please if in case you can tell me what are the charges.

Hi, I’m new to this business, I would like to know about DP charges, these are levied by quantity based or value based? Plz rectify my doubt

Received bill cum transaction statement which state that from 1 may 2018 charges of NSDL E SPEED are increased from rs 10 to 15 per ISIN plus taxes …a steep increase of 50 % and accordingly tax expenses will increase too because tax will be on 15 rs now.
in case of physical instructions charges are much higher and also for offline instructions . in cases of POA where broker does everything for you the charges are broker specific .