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NSDL and CDSL are two authorised depositors in India offering demat accounts to stock market investors. These depositories charge fees for the services they offer. These fees are collected by their authorised partner (depository participant) which is usually the stock broker whom with you have your demat and trading account.
While the NSDL and CDSL charges are the same for all the customers, different brokers charge different demat charges to the customer. This is because they add their own fee on top of the depository charges.
You could visit your stock broker's website to check the depository charges applicable to you.
Topic: Depository Defenition
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