Demat transaction charge (DTC) is charges only on delivery sell side and not while buying. You will be charged Rs.15 plus GST (Goods & service Tax) for each scrip, per day on date of selling whenever you sell a scrip on a delivery basis.
Ex: You are selling delivery shares of SBI 100 qty on Monday at 10am, 50 qty at 11am, 10 qty at 2pm. You will be charged Rs.15+ GST of DTC for SBI scrip. On the same day if you sell any other stock with any quantity, you will be charged again Rs.15 DTC. Totally, you sold 2 stocks(scrips) on a given day, hence you are required to pay Rs.30 for that day.
Demet transection charge kyo liya jata h please hindi me bataye
Aapke Demat account ke transactions ke service ke liye Demat Transaction Charge liya jata he.
dp charge and dtc charges kuch farak hai kya
DP charge and DPC (Delayed Payment Charge) both are different. DP charge of Rs.15 per scrip is charged when you sell the delivery shares. Please refer to our another article on DPC charge to know how DPC is charged.
I cant see my delivery holdings since i bought them….its its been two days already
Hope you have not submitted the POA (Power of Attorney) physical copy to our address. Kindly find an another knowledge base article for more info.
If you want to sell the delivery stocks before submitting POA, please click here to know the procedure.
But if I buy a share of, suppose, ₹16 and sell at ₹20. Will I need to pay ₹18(approx DTC)?
And per scrip means, per lot or per share?
If I have 200 Shares and I sell them in one go, will I be charged ₹200*18 or ₹18 ?
If you buy shares and sell those shares on same day then no Demat Transaction Charge (DTC) is charged to you. Once you buy shares, you shall receive those shares on 2 working days to your demat account by the exchange. DTC is charged only when you sell the shares which are in your demat account.
Lets understand with an example. Let’s assume you have 100 qty of A stock, 200 qty of B stock and 500 qty of C stock, in your demat account. On any day, if you sell A stock with any quantity then Rs.15+GST DTC will be charged. Along with A stock, if you sell B stock and 200 qty of C stock then DTC will be (3*18)+GST. This means, per day for one company stock (Any qty) you will be charged Rs.15+GST. Hope we addressed your query.
The DTC Charges applicable on intraday trading
Demat transaction charge is not applicable to intraday trades. It is changed only on sell side for equity delivery trades.
but why this charge, delivery trading is free
Demat charges are charged on sell side for equity delivery based transactions. This is charged for providing the services of depository. Services like, when you buy shares, your broker deposits the shares into demat account. The same way, when you sell, the shares need to be given to exchange. This charge is a source of revenue to the Depositories & its participants. Similar to how Exchanges charge Transaction fee, Brokers charge brokerage, Depositories & DP’s charge DP charge.
Broker charge or government charge
Click on Brokerage Plan and Government Charges to know in detail.
How can I transfer shares from my Trading account to a Demat account held with you?
Hello Chanpreet Singh,
When you buy any shares through your trading account, you are not required to transfer shares to demat account. It will automatically be transferred to your demat account after the settlement of T+2 days.
Pingback: Where can I find a list of all the charges applicable? | Knowledge Base