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What are DP or Demat charges and why are they levied ?

DP charges or Demat charges are levied on a client’s account for the outward movement of shares. This includes cases where your shares are transferred to another Demat account or if the shares are adjusted in settlement obligations. DP charges of Rs. 15 + 18% GST per ISIN are levied in the client’s account in case of holding share selling.

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