DP charges apply when a scrip is debited from your demat account. These charges are calculated per scrip per trading day.
Here's a breakdown of the charges:
- Depository Charges:
- ₹3.5 per script debit per day.
- ₹3.25 per script debit per day for women.
- Groww Charges: ₹15 per script debit per day. However, if the debit value is below ₹100, Groww doesn't charge anything.
- GST: An 18% GST applies to the total of Depository and Groww charges.
Final Cost:
- ₹21.83 per scrip per day.
- ₹21.54 per scrip per day for women.
Note: If you sell the same scrip multiple times on the same trading day, DP charges are applied only once.