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What are DP charges (depository participant charges)?
When you sell shares from your Demat account on Groww, a DP charge is applied. This includes both the depository’s charge and Groww’s fee:
For debit (sale) values of ₹100 or more:
Male investors: ₹3.50 (Depository) + ₹16.50 (Groww) = ₹20.00 (plus GST)
Female investors: ₹3.25 (Depository) + ₹16.50 (Groww) = ₹19.75 (plus GST)
For debit (sale) values below ₹100:
Groww waives its fee.
Male investors pay only ₹3.50 (plus GST)
Female investors pay only ₹3.25 (plus GST)
Note:
These charges apply every time you sell shares on Groww. GST is added on top of these charges.
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