DP charges, or Depository Participant charges, are fees levied on all sell transactions of a Demat account. These charges are exclusive of brokerage and are not reflected in contract notes. DP charges are a flat transaction fee, irrespective of the quantity sold, and hence, the fee charged is per scrip and not the volume sold. The charges are levied by the depository, i.e., Central Depository Services (India) Limited (CDSL), and Depository Participant (DP), i.e., the broker. DP charges are the revenue source for depositories and their participants. The charges are generally credited to the Demat account within two days when you buy a share. The total DP charges for the day are calculated by adding the depository fee and the brokerage fee, which differs from one broker to another. The charges are calculated per day and per stock, regardless of the quantity sold. DP charges are a standard industry practice and are collected by the broker on behalf of the depository.