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Open Dhan Account (Dhan Account Opening Process, Documents and Charges)

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Dhan Account Opening Enquiry

Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Dhan Account Opening Charges 2024

Dhan account opening charges are Rs 0 (Free) for a trading account and Rs 0 (Free) for Demat account. Dhan charge ₹0 (Lifetime Zero AMC) AMC for Demat account.

Trading Account Opening ChargesRs 0 (Free)
Account AMC Charges₹0 (Free)
Demat Account Opening ChargesRs 0 (Free)
Demat AMC (Yealy)₹0 (Lifetime Zero AMC)

The Dhan Account Opening process is a completely online account opening facility. You can open the Dhan account online in just 10 minutes or less; Thus, the Dhan account opening experience is aligned with their tag line which is Lightning Fast Experience.

Some of the crucial benefits that come packed with the Dhan Demat/Trading Account are:

  • Account opening - FREE & Easy
  • No AMC (Annual Maintenance Charges)
  • Open your demat in less than 10 mins
  • Trade/invest seamlessly with industry first features

Dhan account opening charges for trading and demat accounts are Rs 0. You can open a free 2-in-1 account with Dhan. There is also a relief for Dhan customers on Annual Maintenance Charges (AMC) as the charges are Rs. 0. This allows users to trade and invest without the additional cost of AMC.

Dhan offers the following investment products on its online trading platform: Equity/Shares, ETFs, Derivatives (Futures & Options), Commodities, Currency and IPOs.

Dhan Account Opening Process

Here we will learn about the process of opening a Dhan demat and trading account. There is no separate process for each of the accounts, they are processed simultaneously.

The process starts on the Dhan website or mobile app, where the company has provided a simple and well-sorted account opening form.

1. Steps for Online Account Opening Process:

  • Go to the Dhan website or download Dhan Mobile App.
  • Click on the Open Demat Account tab on the home page.
  • Verify the mobile number and email address by entering the OTP received.
  • Set a 6-digit pin code for your account.
  • If you have a referral code, enter it.
  • For Documentation and KYC process submit
    1. Pan Card (Mandatory) and fill in the PAN details.
    2. For address proof submit either Adhar, Driving License, or Passport.
    3. Take a live selfie or upload your picture.
    4. Upload the signature picture.
  • For account declaration, you need to add your annual income, profession and trading experience.
  • If you want to activate Future & Option, you can upload the income proofs or skip this step.
  • Enter the Bank account details like IFSC code and account number.
  • Dhan will send you Rs 1 to verify your bank account.
  • On the E-sign page, Enter the Adhar number and verify it by the OTP sent on your mobile number.
  • You can set a password for your Dhan account.
  • Account opening process is completed at your end.
  • Dhan Team will verify and process your KYC.
  • The Dhan team will email you the account opening details and login details.

2. Steps for Non Individual Account Opening (Offline)

  • The investor must send an email to with the information of his or her interest in opening a Demat and Trading account. (For example, HUF, Corporate, Partnership Firm, LLP, and Trust).
  • The Dhan onboarding team will provide a checklist for sharing soft copies of documents through email for Demat and Trading account opening verification.
  • Once the document verification is completed, the Dhan team will send an email with a pre-filled account opening form.
  • The investor must take a printout of the prefilled forms and validated supporting documents, which must be stamped and signed by the Authorized Signatories in accordance with the Board Resolution.
  • After stamping and signing, the investor must provide a soft copy of the prefilled and verified documents to
  • After receiving an email confirmation from Team Dhan, the investor must send the signed and stamped AOF along with the supporting documents by courier to the head office for further processing.
  • For tracking purposes, the investor must send information about the shipment by email.
  • After receiving the documents at the Head Office, the trading and demat accounts will be opened within 24-48 working hours.
  • After account opening, the Dhan team will send an email with account opening information and login credentials.

Dhan Non-Individual Account Charges

Dhan facilitates account opening for non-individuals through an offline process. Dhan primarily assists with opening corporate and HUF accounts. Dhan is working to revolutionize the account opening process for non-individuals and make it online for the convenience of users. The charges for opening corporate and HUF accounts are listed below:

1. Corporate Account Opening Charges:

Account Charges

Demat Account Opening Charges

Rs 500 + 18% GST

Demat AMC (Yearly)

Rs 500 + 18% GST / annually

Remat Charges

Rs 250 per certificate + CDSL Charges + Courier charges

Demat Debit Charges

Rs 12.5 per transaction per ISIN

2. HUF Account Opening Charges:

Account Charges

Demat Account Opening Charges

Rs 0 (Free)

Demat AMC (Yearly)

Rs 0 (Free)

Remat Charges

Rs 250 per certificate + CDSL Charges + Courier charges

Demat Debit Charges

Rs 12.5 per transaction per ISIN

Dhan Account Closure

Closing the Dhan account is done in a few steps and the account will be permanently closed.

To download the Dhan account closure form, follow the steps below:

  1. Open Dhan website
  2. Click on Download Center
  3. Open Account Closure Form

Customers must fill out a Dhan Closure Form to close their accounts.

As of now, the account closure form only needs to be submitted in physical form, there is no online option.

Before you start closing your demat and trading account, make sure your dues are cleared. Transfer all holdings to another account before closing the account.

The company does not charge any fees for account closing and has Rs.0 AMC lifetime, you can keep the account active without paying AMC.

Dhan Demat Account Refer and Earn

To encourage customers to engage more of their friends and family members with Dhan, the company started its Refer and Earn Program. In this program, the customers can earn rewards just by referring to Dhan. All they have to do is share a link, and for each unique account opening, interesting rewards are credited to the customer's account.

The referral bonuses are shared in the form of brokerage sharing. When an account is successfully opened through the referral link, the referrer receives 20% of the brokerage fees paid by the referred customer, for life.

Example: Your friend opened the account by clicking on the referral code you provided. Now when your friend completes a transaction and pays a brokerage of Rs 20 for the trade, you get 20% of the brokerage. You get 20% of Rs 20, i.e. Rs 4. This referral and earning program is valid for life.

Dhan Special Offer

Brokerage-free share delivery trading and AMC free demat account

  • Free account opening and Demat AMC +
  • Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O +
  • Separate option trading APP.

This is a limited-time offer. Open an instant account online and start trading today.

Frequently Asked Questions

  1. 1. How is Dhan Account opening?

    The Dhan account opening process is online. A step-by-step guide to Dhan account opening online:

    1. Open Dhan application or website.
    2. Verify mobile and email addresses through OTP verification.
    3. Set up a 6-digit pin code for the account.
    4. Upload PAN card, Adhar Card, Income proofs, Picture/Image, and Signature.
    5. Enter bank account details like IFSC code and account number.
    6. Enter the Aadhaar Number and verify with the OTP received on the registered mobile number.
    7. E-sign is complete.
    8. The account gets activated once the document verification gets completed at the broker end. 

    With this account combination, you can invest and trade in various asset classes such as Equity/shares, ETFs, Derivatives ( Futures & Options ), Commodities, Currency and IPOs.


  2. 2. How is Dhan account in India?

    Dhan is an emerging private stock broking firm in India that started its operations in 2021. Since its incorporation, the company has strived to provide simple solutions for all financial investment needs in one place.

    Dhan is a technology-driven stock brokerage firm that offers trading in products such as stocks, derivatives, currency, commodities, etc. with its efficient trading platforms.

    Dhan has trading platforms known as Dhan App, Dhan Trader App, DhanHQ Trading APIs, etc.

    Dhan account is the account opened with the company for trading and investment purposes. It includes a Demat account and a Trading account.


  3. 3. How can I close my Dhan Trading account?

    Dhan account can be closed by submitting a physical form application.

    There is no separate application for closing the Dhan trading account. The application form for account closure is available on the website.

    To close the account, you will have to:

    • Download the account closing form
    • Provide all the requisite information as requested in the form
    • State the reasons for closing Dhan account
    • Courier the form at the address mentioned in the form

    Customer who wishes to close their Dhan account must transfer their funds to another account before proceeding with the account closure. The account closure form will be accepted only in physical form.


  4. 4. Can a Dhan account be closed?

    Yes, the Dhan account can be closed by customers who no longer use the account or trade through the platform.

    Customers must submit a physical application to close their accounts.

    In the application form, customers must provide the required information about their demat and trading account and the reason for closing the account.

    There are no charges levied for account closing from the customers, they are required to clear the pending dues in respect of their account before proceeding with the account closing formality.


  5. 5. How to open a dhan account?

    Dhan account opening is completely free of charge. Customers can open Demat and trading account at the same time through one application. Dhan allows you to open a 2-in-1 account. The Dhan Account Opening Time is 10 mins and customers can open an account anytime.

    The steps for opening a Dhan account are as follows:

    1. Open the Dhan app or website.
    2. Click on open Demat account.
    3. Register yourself with your mobile number to start the process.
    4. Complete the KYC by submitting PAN Card details. 
    5. After the KYC is submitted, complete the account declaration information such as Annual Income, Profession, and Trading experience.
    6. Enter your bank details and Dhan will confirm it by sending you Rs1 into your account.
    7. Complete the e-Sign by verifying your Aadhaar Number with the OTP received on your mobile number.
    8. On successful verification, your account will be opened.


Dhan Account Opening Enquiry

Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Information on this page was last updated on Saturday, June 3, 2023

Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.


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