Dhan Account Opening (2026): Steps, Documents & Charges
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Opening a Dhan account is done online in three steps: verify your mobile number and email, submit your documents digitally, then e-sign. Dhan says it takes under 10 minutes. Account opening and AMC are ₹0 for individuals. Dhan’s pages list the documents slightly differently: PAN is mandatory on both, and its support article says only PAN and Aadhaar numbers are required to start.
Last updated: October 2026
This guide summarises how Dhan describes its own account-opening process and what it costs, from Dhan’s pages read in October 2026. The steps and documents can change, so follow what the Dhan app or website asks you for.
The three steps
| Step | What happens | Time Dhan quotes |
|---|---|---|
| 1. Verify mobile and email | You confirm your mobile number and email address | Less than a minute |
| 2. Digital account opening | You submit the required documents using your phone, laptop or desktop; Dhan also captures a live photo and your digital signature | Part of the under 10 minutes Dhan states |
| 3. E-sign | The final step before your demat account is active | — |
Dhan’s account opening page says you can get started in less than 10 minutes; a support article says under 5 minutes.
Documents
Dhan’s two pages describe the documents differently. The account opening page lists:
- Identity proof: PAN card (mandatory), with your photo and signature clearly visible.
- Bank proof: any of the last 6 months of bank statements, a cancelled cheque or a passbook.
- Address proof: any of Aadhaar, passport, driving licence, voter ID or the last 6 months of bank statements.
- Income proof: any of the last 6 months of bank statements, 3 months of salary slips or an ITR.
- Signature: a photo of your signature on white paper, matching your PAN.
- Photograph: one passport-size photograph.
Dhan’s support article says you need only two mandatory IDs to proceed, your PAN number and your Aadhaar number. Optional items are your bank account number and IFSC (to verify your bank if UPI PIN verification does not work) and F&O income proof if you want to trade F&O or commodities. Dhan has a separate support article for applicants who do not have an Aadhaar number.
What it costs
| Charge | Dhan |
|---|---|
| Account opening | ₹0 for individuals and HUFs |
| Demat AMC | ₹0 for individuals and HUFs; ₹800 + GST for NRI, corporate, LLP, partnership and trust accounts |
| Platform charges | ₹0 |
| Equity delivery brokerage | ₹0 |
| Intraday brokerage | Lower of ₹20 or 0.03% per order |
| Futures and options | ₹20 per order |
See every charge on the Dhan charges page.
If you use a referral code
- Enter the code during onboarding. Dhan says referral attribution is captured only during onboarding and cannot be changed afterwards.
- After you set your mobile PIN, Dhan shows who referred you, with an option to edit the referral code. Once you update the code and proceed, the account is permanently mapped to that referrer.
- Dhan’s terms say a client already registered with Dhan before using a referral link or code is not eligible for a referral reward.
- Dhan determines referral rewards under its own policy and can revise it. This page does not promise any reward. Details are on the Dhan referral code page.
Other account types
Dhan publishes separate pages for HUF, corporate and minor demat accounts, and non-individual accounts need extra documents. Check Dhan for the steps that apply to you.
Opening a Dhan account: FAQs
How do I open a Dhan account?
Verify your mobile number and email, submit your documents digitally, and e-sign with Aadhaar. Dhan says the process takes under 10 minutes.
What documents does Dhan need?
PAN is mandatory. Dhan’s support article says PAN and Aadhaar numbers are the only mandatory IDs, with F&O income proof needed only for F&O or commodities; its opening page lists bank, address and income proof, a signature photo and a passport-size photograph.
Is there a fee to open a Dhan account?
No. Account opening is ₹0 for individuals and HUFs, and AMC is ₹0 as well.
Can I change the referral code after opening the account?
No. Dhan says attribution cannot be modified after onboarding. If you missed the code, Dhan says to email help@dhan.co within 7 days of account opening with your UCC and the referrer’s code; its team reviews the request and makes changes if applicable.
Can an existing Dhan client use a referral code?
Dhan’s terms say a client already registered before using a referral link or code is not eligible for a referral reward.
Is STT different between brokers?
No. STT is set by the government: 0.1% on buy and sell for delivery, 0.025% on the sell side for intraday, 0.05% on the sell side for futures and 0.15% on the sell premium for options. It is the same at every broker.
Sources
Dhan pages read in October 2026: Dhan: open demat account; Dhan: documents required; Dhan pricing; Dhan: referral terms; Dhan: changing the referral code; Dhan: missed the referral code.
Dhan can change rates, limits and processes at any time, so confirm on Dhan before you act. This page is for information only, not investment advice.
