Zerodha DP Charges

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Have you chosen Zerodha, the best discount broker to make your way in the stock market? No doubt it will help you reap the maximum profit by charging the least brokerage charges, but do you know about Zerodha DP charges?

DP charges are the additional fees that one pay apart from the brokerage charges. When taking a membership of any broker these charges are not reflected in the contract notes and are levied separately on the ledger.

Since they are not displayed while availing the brokerage services and opening a trading/Demat account with the DP therefore many people are not aware of such charges.

If you have a Zerodha Free Demat Account, then you should be aware of DP Charges.

To know about the Zerodha DP Charges continue reading the information in the table below.

Get the complete review of the Zerodha DP charges and avail the full information of the charges linked with it.


Zerodha DP Charges Means

Before getting into the depth of the Zerodha DP charges let’s first understand the meaning of Depository Participant and depository charges.

The depository is an institution that is meant to hold securities to allow trading of shares, debentures, mutual funds, derivatives, commodities, etc. Central Depository Service (India) Limited (CDSL) and the National Securities Depository Limited (NSDL) are the two main depositories of India.

DP or Depository Participant is defined as a mediator who performs actions on behalf of their client at the Depository to deal with in a variety of securities.

Like any other DP like Public Financial Institution, Zerodha offers services like Dematerialisation and Rematerialisation. Zerodha DP helps you to interact with investors and offer various depository services.

Zerodha DP charges are the charges being levied by the stockbrokers (Depository Participant) every time you sell a stock. DP charges of Zerodha are charged by the CDSL which is equal to ₹5.5

These charges are not displayed on the contract note and are deposited as an additional income above and beyond brokerage charges.

DP charges are posted on the ledger in the morning next to the day when the sale is being made.


Zerodha DP Charges Calculator

Zerodha is a Depository Participant of CDSL and therefore the Zerodha DP charges are ₹ 5.5 (CDSL charges)+ ₹8 (charged by Zerodha) plus 18% GST.

DP charges are charged on the stocks that are held for more than one day.

Even after the least charges, Zerodha is able to earn lot of profit. To know more about the revenue model, read Zerodha Valuation.

You can calculate the Zerodha DP charges by using the brokerage calculator. This will give you a clear insight into the total amount you need to pay on selling a particular number of shares.

Zerodha DP Charges For Intraday

Intraday trading is buying and selling of stocks in a single day. In simple language, this type of trading involves buying the share in the morning and selling it before the market closed on the same day.

Unlike the delivery trading that involves buying and selling of shares after holding it for more than one day, intraday trading does not involve any DP charges.

Thus, one can increase their income by paying the least brokerage and preventing themselves from the DP charges with the Zerodha Intraday Trading.


Bottom Line

Staying alert and knowing all the charges including the hidden charges of the broker helps you in making a smart choice.

Investment is all about being smart and choosing the right discount broker like Zerodha helps you in reaping profit to the maximum by imposing the least charges.


In case you are looking to get started with your stock market investments, let us assist you in taking the next steps ahead.

Just fill in a few basic details here to get started:

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