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Product Details
Brokerage and Fees
  • Brokerage Charge For Normal Trading: (Normal trading is non-intraday trading where the buyer takes delivery of the stocks): INR 0

  • Brokerage Charge For Intraday Trading: INR 20 or 0.03% of the trade value per executed order whichever is lower. 

  • Brokerage Charge For Options Trading: INR 20 per executed order.

  • Account Opening Charges: INR 0

  • Annual Maintenance Charge: INR 0.

  • Payment Gateway Charges Netbanking: INR 0 each time you add funds to your account. 

  • Payment Gateway Charges UPI: INR 0

  • Overdue Interest Charges: 0.0438% per day on outstanding MTF and non MTF debit and non maintenance of 50:50 margin.

  • Monthly Platform Fee: INR 0 per month

  • Digital KYC Charges: INR 0

  • Physical Settlement Charges: N.A.

  • Call & Trade Order: INR 50 + GST for each order

Account Opening Fees


Any individual Indian Citizen over age of 18
Annual Fees


Apply Now

Dhan Review

Special Features
  • Invest in stock portfolio of eminent traders through smallcase. 

  • Limited physical presence. 

  • New company. 

  • Not part of any major financial conglomerate. 

  • The app has one of the best user interface. 

  • Low brokerage. 

  • Excellent customer support. 

  • Multiple research tools and reports.

  • Zero brokerage mutual fund investment. 

Pros and Cons
How to Apply?

Dhan offers a convenient online account opening process that you can complete in under 10 minutes. Here's a breakdown of the steps to open a demat account with Dhan:

1. Download the Dhan App:

There are two ways to initiate the account opening process:

  • Mobile App: Visit the Dhan website ( and click on "Start Now" to download the Dhan app on your smartphone. Play Store (Android) and App Store (iOS) links might also be provided.

  • Desktop Account Opening: Alternatively, you can open an account directly from your desktop computer. On the Dhan website, look for a section or button labeled "Open Demat Account" or similar wording.

2. Enter Mobile Number and Email:

  • Provide your valid mobile number and email address.

  • Dhan will send a One-Time Password (OTP) for verification to your mobile number. Enter the OTP to proceed.

3. Upload Documents:

  • You'll need to upload scanned copies of the following documents:Proof of Identity (POI): PAN Card (preferred) or Aadhaar Card (if PAN not available).
    Proof of Address (POA): Aadhaar Card (if used for POI), Passport, Voter ID, Utility Bill (electricity, water, etc.), or Bank Statement (latest).
    Passport-sized Photograph
    Bank Account Details:
    Enter your bank account details to link it with your trading account.

4. E-Sign the Documents:

  • Dhan uses a digital signature process (e-Sign) to finalize the account opening. You'll receive a one-time password (OTP) on your registered mobile number to complete the e-signing process.

5. Account Activation:

  • Once you submit the documents and complete the e-signing, Dhan will review your application. This usually takes less than an hour. You'll be notified via email and SMS once your account is activated and ready for use.

Documents Required

PAN card scan. Aadhar Card scan. Active mobile linked to Aadhaar for OTP. Clear Cancelled Cheque/Bank statement (with Account number, IFSC, MICR). Signature scan (pen on blank paper). Income Proof (for F&O, Currency, Commodities): a. Form-16 b. Latest 6-month Bank statement c. Latest salary slip d. Networth certificate from CA e. Income Tax Return Acknowledgment.

Account Opening and Procedures

Abhijeet Saxena

Abhijeet Saxena

Abhijeet Saxena

Nalsar University of Law

Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi

Ex - Khaitan & Co. Bengaluru,

Ex - National Stock Exchange, Mumbai,

Ex - Argus Partners, Mumbai

Product Review
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