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What is a DP charge and do I pay it at zero-brokerage brokers too?

Yes, DP charge applies at all brokers including those with ₹0 delivery brokerage. It is levied by the depository (CDSL/NSDL) + broker every time you sell shares from your demat account. It covers the cost of electronically debiting shares from your account. Range: ₹12.5+GST (Dhan, m,Stock) to ₹20+GST (Zerodha, Angel One, Groww). You pay the DP charge per ISIN per sell transaction, separate from brokerage.


Topic: Brokerage Free Stock Trading FAQs

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1 . Which broker offers completely free delivery trading in India? 2 . Does Groww offer free delivery trading? 3 . Does Upstox offer free delivery trading? 4 . Which broker has the lowest DP charge in India? 5 . Is free delivery trading at discount brokers better than ICICI Direct or HDFC Securities? 6 . Which zero-brokerage delivery broker should I choose as a beginner?
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