DP charges (Depository Participant Charges) are mandatory fees for all sell transactions in your Demat account. These charges are levied by the depository (CDSL) and include additional fees by Groww.
Breakdown of 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:
- Applicable to all sell transactions (shares or ETFs).
- A flat fee per scrip per trading day, regardless of the number of shares sold.
- DP charges can be viewed under 'Groww Balance' → 'All Transactions', but they do not appear on the contract note.