Short answer
A Depository Participant (DP) charge is levied when securities move in your demat account (for example, when you sell shares and they are debited for pay-in).
- Depository: CDSL
- Depository Participant: iRage Broking Services LLP (product: Arrow)
Rates below are from the Charges for Depository Services schedule in the Arrow Account Opening Kit. GST and other statutory charges apply extra.
Core demat transaction charges (regular scheme)
| Particular | Rate |
|---|---|
| Debit transaction — pay-in to Arrow | ₹20 per transaction |
| Debit transaction — other than Arrow | ₹20 or 0.03% of transaction value, whichever is higher |
| Margin pledge | ₹20 per transaction |
| Pledge creation (other than margin pledge) | ₹30 per transaction |
| Pledge closure | Nil |
| Pledge invocation | ₹20 per transaction |
CDSL may also levy a settlement fee (currently referenced in the tariff notes at about ₹3.50 per debit instruction to the DP); such depository fees are passed through as applicable.
Examples (illustrative)
Pay-in debit to Arrow
You sell shares and the debit is for pay-in to Arrow:
- DP charge: ₹20 + GST
Off-market / debit other than Arrow
You transfer securities where the tariff’s “other than Arrow” rate applies, on a transfer valued at ₹1,00,000:
- 0.03% of ₹1,00,000 = ₹30
- Compared with flat ₹20 → charge is ₹30 + GST (whichever is higher)
Margin pledge
You pledge holdings toward margin:
- ₹20 + GST per pledge transaction (margin pledge line item)
Other demat service charges
| Particular | Rate |
|---|---|
| Dematerialisation | ₹150 per certificate + ₹100 courier; rejection ₹100 + ₹100 courier |
| Rematerialisation | ₹150 per 100 securities (or part) or ₹150 per certificate, whichever is higher, + ₹100 courier |
| Cheque dishonour | ₹350 |
| DIS booklet (with requisition) | ₹100 per booklet |
| DIS booklet (without requisition) | ₹200 per booklet |
| Modification / client master changes | ₹25 per modification |
| Yearly AMC (individual) | Nil |
| Yearly AMC (other than individual) | ₹500 |
Things to keep in mind
- BSDA accounts may have Nil demat transaction charges while they remain within BSDA holding slabs — see BSDA charges.
- Charges can be revised by iRage Broking Services LLP (Arrow) and/or the depository with applicable notice.
- Stamp duty on off-market transfers (where consideration is involved) is levied as applicable.
Related: Brokerage charges.
Broker details
iRage Broking Services LLP (SEBI registration INZ000011262), product name Arrow. Registered office: Gift City, Gandhinagar.
Related
- Browse more in resident individual
- Open account: kyc.arrow.trade
- Trade on Arrow: app.arrow.trade
- Support: support@arrow.trade