How DP charges are levied in FYERS?

How are DP Charges Levied in FYERS?

DP (Depository Participant) charges are fees levied by CDSL/NSDL when shares are sold from your Demat account. These charges are automatically deducted from your FYERS account after the sell transaction is executed. These charges are applicable only on delivery sell transactions and are charged per scrip, per day, irrespective of the quantity sold.

DP Charges Structure

  • Flat charge: ₹12.5 + 18% GST
  • Basis: Charged per stock (ISIN) per day, regardless of trade count
  • Applies to: Both market and off-market sell transactions
  • Not applied on: Buy-only transactions

Example

  • If you sell HDFC Bank shares five times in a single trading day → You pay ₹12.5 + GST once, not per transaction
  • Under the old pricing (₹3.5 + GST per trade), you would have paid ₹17.5 + GST for five sell orders
  • If you sell two different stocks in one day → You will be charged ₹12.5 + GST per stock
Our per-ISIN DP charging model makes it more economical for active traders placing multiple sell orders in a day.

What if...

ScenarioOutcome
I place multiple sell orders for the same stockCharged once per day for that stock.
I sell three different stocksDP charges apply to each stock individually.
I only buy stocks on a particular dayNo DP charge is applied.
I want to check charges levied on mutual fundsPlease refer to the related article on mutual fund charges.

Last updated: 24 Jun 2025