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Open Dhani Stocks Account (Dhani Stocks Account Opening Process, Documents and Charges)

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Dhani Stocks Account Opening Charges 2024

Dhani Stocks account opening charges are Rs 0 (Free) for a trading account and Rs 0 for Demat account. Dhani Stocks charge Rs 0 AMC for Demat account.

Trading Account Opening ChargesRs 0 (Free)
Account AMC ChargesRs 0
Demat Account Opening ChargesRs 0
Demat AMC (Yealy)Rs 0

Dhani Stocks is the broking arm of Indiabulls Group, a leading financial services company. Dhani Stocks is a Discount broker offering investment and trading services to its customers to invest in the Indian Stock Markets.

Dhani Stocks also offers Commodity Trading, Offer for Sale (OFS), IPO, and Depository Services. Some of these services are available online while some others are offered off-line through its network of branches.

Dhani Stocks customers can use the advanced trading platform offered by the company for free that includes an installable trading terminal (PIB), mobile trading app, and a trading website.

Dhani Stocks Key Facts

  • 20+ years of stockbroking experience.
  • Part of the reputed Indiabulls Group.
  • Provides trading services across multiple assets viz. stocks, commodities, currency, and derivatives.
  • In-house built trading platforms.

Products Offered by Dhani Stocks

  • Online Trading
    • Equity Trading at BSE, NSE.
    • Commodities Trading at MCX and NCDEX.
    • Currency Trading at NSE.
  • Depository Services (Demat Account with NSDL and CDSL)
  • Distribution Products
    • Offer For Sale (OFS)
    • IPO

Dhani Stocks Account Opening

Dhani Stocks provides online account opening facility.

You can choose to open an online trading and Demat account using dhanistocks App. It takes 15 minutes to open an account online. Following are steps to open the account online:

  1. Download dhani Stocks App on Android or iPhone.
  2. Fill the online application form.
  3. Upload the soft copy of the documents.

Note: The online account opening is not available on the Dhani Stocks website but only through the dhanistocks Mobile App.

Documents needed for Dhani Stocks account opening

You would need the following documents to open the trading and Demat account:

  • AADHAR Card (only for non KRA clients)
  • PAN Card with a clear photo (only for non KRA clients)
  • Income proof (for derivatives trading)


  • You will have to submit income proof to trade in derivative segments. Income proof not required to trade in equity segment.

Check Dhani Stocks Account Opening Status

The e-account is instant. It takes 15 minutes to open an online account. If you choose to open an account by visiting the branch or contacting customer care, then it will take a day. You can call the customer care number to check the status of your account.

Dhani Stocks Account Opening PDF Forms

Dhani Stocks doesn't provide account opening PDF forms to download. To get a physical form, you need to visit the company's branch office.

Dhani Stocks Securities Account Reactivation Form

You can reactivate your suspended Dhani Stocks trading account. Just download Dhani stock app and paperless reaction option is available on first screen. You just need to enter OTP received on redgistered mobile number to reactivate the account.

Dhani Stocks Securities Account Closure Form

You can close the Dhani Stocks trading and Demat account anytime you wish. There are a few things you should do before closing the accounts:

  1. Close all your F&O positions.
  2. Transfer all the securities to another Demat account.
  3. Clear all pending dues.

You cannot close the trading and the Demat account online. You have to download the form from the website or visit the branch office to get the account closure form. In the case of a joint account, all the account holders must sign on the closure form.

Steps to Close Dhani Stocks Trading Account

  1. Download Dhani Stocks 'Account Closure Form' from the website. It is available under downloads.
  2. Fill and sign it.
  3. Attach a copy of the ledger and unused DP slips.
  4. Courier it to the company address or submit it to the nearest branch office.

The company will transfer balance funds to the account mentioned in the form. You will receive the final statement on the closure of your account.

If you don't receive any communication from the company within 15 days, then follow up with customer care.

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Frequently Asked Questions

  1. 1. Can I link a joint bank account with Dhani Stocks trading account?

    Yes, you can link your joint bank account with your Dhani Stocks trading and demat account. But, you should be one of the holder of the bank account.


  2. 2. How do I open HUF trading account with Dhani Stocks?

    Yes, a HUF can open a trading and a demat account. The HUF is the primary holder of the account and it the Karta of the HUF manages the account. You would need following documents- to open HUF account with Dhani Stocks

    • PAN Card of the HUF / Karta
    • Identity Proof with the photograph of the Karta
    • Address Proof in name of HUF / Karta
    • Bank Statement in name of HUF
    • Income Proof in name of HUF
    • A Declaration by the Karta & all coparceners. The declaration must be on the original letterhead of the HUF along with the stamp & signature.


  3. 3. How will I know when my account is opened with Dhani Stocks?

    You will receive a welcome email with your account details. The company will also send the following documents on your mailing address

    • Welcome letter
    • Client Master for the Demat account
    • Delivery Instruction Slip to transfer shares from your demat accounts
    • Login ID and Password to access trading platform


  4. 4. Do I need to pay a fee to access Dhani Stocks trading platforms?

    Dhani Stocks trading platforms are available in 3 versions- desktop, web, and mobile, and the company charge no fee to investors for using these platforms. These are offered to investors for free.


  5. 5. Do I need to pay any fee for closing the account with Dhani Stocks?

    No, there are no charges for closing the Dhani Stocks account. But, you have to clear all pending dues before initiating the account closure.


  6. 6. Why am I asked to submit income proof for trading in derivatives with Dhani Stocks?

    It is mandatory to provide income proof to trade in derivatives as per exchange guidelines.


  7. 7. How to close Dhani Stocks Demat account?

    Dhani Stocks Demat account can be closed by submitting a physical account closure form to initiate the account closure process. Opening a Demat account is a quick and easy process but closing a Demat account is a little difficult task in comparison to opening an account. Although it is always advisable to close your account if you are not using it since keeping an unused account will attract AMC.

    Before initiating the process of Demat account closure, the stockholder has to:

    1. Clear all the debit or credit balance
    2. Transfer all the securities to another Demat account
    3. Return any unused delivery instruction booklet slips

    Steps to close the Dhani Stocks account

    1. Download the account closure form from the company website/nearest branch/customer care.
    2. Fill in the name, DP details, the reason for the closure.
    3. Attach the supporting documents and duly sign it.
    4. Submit/Courier the duly filled and sign form to the broker office.

    If everything goes well, it takes 15 days to close the account. Please note that there are no account closing charges.


  8. 8. How to open Dhani Stocks account online?

    To open an online trading and Demat account with Dhani Stocks, you can sign up from the company website by providing your mobile no. or register through the mobile app. The online account opening is available only through the mobile app. You cannot open an online account through the company website.

    Steps to open an account online

    1. Download the dhanistocks App on Android or iPhone.
    2. Fill the online application form.
    3. Upload the soft copy of the documents.

    On receiving the documents, the company would initiate the account opening process and verify the details provided by the investor. You would receive a welcome letter with login credentials, client master details, and DIS as part of a welcome kit from the company once the account is ready to trade.


Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Information on this page was last updated on Thursday, November 23, 2023

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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