What does Depository Participant (DP) charge mean?
Depository Participant (DP) charge is levied by the depository, i.e., Central Depository Services (India) Limited (CDSL), and Depository Participant (DP), i.e., Bigul, when shares are sold from the demat account. The charge is ₹13.50 (₹5.50 by CDSL and ₹8 by Bigul) + 18% GST and is applicable per day and per stock, regardless of the quantity sold.