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  • The full form of DP Charges is Depository Participant Charges. It is applicable when you sell the shares from your Demat account. These charges have a fixed rate irrespective of the number of shares you sell.

    DP Charges are levied by a Stock Broker (Depository Participant) & Depository (NSDL & CDSL).

    So who is a Depository?

    Depositories (NSDL & CSL) are the government bodies that provide Demat services to the stockbrokers. Every Stock Broker is registered with NSDL or CDSL or Both and is called a Depository Participant. All the shares you buy in the stock market are stored safely with the Depositories and not Stock Brokers.

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