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What are Demat transaction charges ?

Hi,

While I was checking with an online trading website, there is a charge of Rs. 15 when I sell every time some shares from my account. When I enquired with them, they said that these are called ‘Demat transaction charges’ and these are charged by every DP as these charges are levied by Depository.

Does every DP charges such charges??  Please enlighten me on this.

Regards,

Hemanth

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