Dhan Demat Account Review – Account Opening, Features, Charges, Offers & more
Dhan Demat Account is one of the fastest growing in the industry. When you create a Demat account here, you automatically receive trading account access.
Moreover, the Dhan account opening process takes less than ten minutes, and you can start trading without delay.
You have come to the right place if you are looking for a Dhan Demat account review.
Keep reading to discover its essential features, charges, and Demat account opening and closing process.
| Broker Type | Discount Broker |
| Active Demat Accounts | 80,000+ |
| Account Opening Charges | Free |
| AMC | Free |
| Free Account Opening | Yes |
| Free AMC | Yes |
Dhan Demat Account Review by Finec.in
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Account Opening Process
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Dhan Demat Account – Top Features
A Dhan Demat account allows you to start trading and investing in the Indian financial market. The company has been known for trustworthiness and reliability since its inception in 2018.
More than eighty thousand people trust this Discount Broker to handle their investment, and the number keeps growing.
Here are the key features of a Dhan account that will help you invest in the share market and make good profits:
- The Account Opening Charges and the AMC is zero, a rare feature in the competitive financial market of India.
- Broker is registered with SEBI, CDSL, BSE, NSE, and MCX, which gives the company credibility.
- With this Demat account, you can invest in various stocks, ETFs, Commodities, Options, Futures, and Currency segments.
- Brokerage charges are reasonable and follow industry standards.
- You can quickly transfer money from your demat account to your bank account without hassle.
Dhan Demat Account Opening Charges
Account Opening Charges
Annual Maintenance Charges (AMC)
DP Charges
Account Closure Charges
Reactivation Charges
Dematerialisation Charges
Call & Trade Charges
Many people avoid opening a Demat account because of high account opening and AMC charges. You won’t have to worry about that if you open a Demat account.
You will be happy to know that the Dhan Demat account charges and the Dhan AMC are also zero.
These types of user-friendly offers are rare in the financial market. As for DP charges, the amount is Rs.12 + GST, the standard industry rate.
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Dhan Demat Account Offers
Free Account Opening
Free AMC
Free Brokerage
Free Research Reports
Free Trading calls
Referral Offers
Dhan Demat Account Opening Process – Step-by-Step
Read these detailed, step-by-step instructions to complete opening a Dhan Demat account. Follow the rules carefully so that you complete the process without making errors.
With our guidance, your application will get accepted immediately, and you will open the Demat account in 10 minutes.
How to open a Demat account in Dhan? – Online Process
Let us now discuss how to open a Demat account in Dhan. The easiest way is to follow the online account opening process.
- To open an online demat account, you can hit the “open demat account” tab on the webpage below.
- A form will open, and you must enter all your details to proceed.
- Once you submit this form, you will get a call from the company’s executive. He will help you out.
- The documents need to be provided. Upon approval of your account, you will get a confirmation about the login details and the further procedure.
How to Open a Dhan Demat Account? – Offline Process
Do you need to know how to open a Dhan Demat account offline? Only some people are tech-savvy; the older generation often prefers the offline Demat account opening process.
- To open a Demat account offline, you must find a depository participant to handle the process.
- Provide the required details and documents to the DP so they can use them for the account opening process.
- After completing the KYC, the DP will verify the details and the account opening application.
- The depository participant will finish the offline account opening process, and you will receive the Beneficiary Owner Identity (BOID).
Eligibility Criteria to Open Dhan Account
Nationality
Age
Active Bank Account
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Documents required to Open Dhan Account
PAN Card Copy
Identity Proof Copy
Address Proof Copy
Bank Account Proof Copy
Copy of Income Proof for F&O
Passport Size Photo
Signature on White Paper
IPV (In-person Verification)
Here is a list of the documents that you will need to open a Dhan account and start trading:
- Identity Proof – Aadhar card/Driving Licence/Passport
- Pan Card
- Bank Passbook and six-month account statement
- Bank cancelled cheque
- Income Proof – three-month salary slips/income tax return document
- Signature
- Passport size photograph
How to Close a Dhan Demat Account?
Some people want to know how to close the Dhan Demat account if they are still considering trading.
The Demat account closing can only be done offline for now. However, the process is simple, and the account gets closed in a few days if everything is done correctly.
- First, you must download the Demat Account Closure Form.
- Fill in the form with the required details and post it to the Office address.
- Remember to clear any debts before you submit the closure form.
The company will check the closure form, and your account will be permanently closed after verification.
Dhan Demat Account Review – Conclusion
A Dhan Demat account is the easiest way to start your investment journey.
Having a Demat account with a reliable discount broker will give you the confidence to trade without unnecessary stress.
With zero Account Opening Charges and zero AMC, Dhan is one of the best options for opening a Demat account.
FAQs on Dhan Demat Account Review
Here is the list of FAQs related to the Dhan Demat account.
How do you create a Demat account with this broker?
You can create a Demat account with the company through a simple online process. On the website, you will see an “Open Account” option on the same web page.
Hit the button to proceed further. You will get instructions in every step.
How do you delete a Dhan account?
The account deletion process must be done offline. Download the Account Closure Form, fill it out, and send it to the office address. Your account will be deleted after they process your request.
What is AMC in Dhan?
The discount broker offers a free AMC option to all customers.
What is the Account Opening Fees?
You can open a Demat account without paying any charges.
How do you find the demat account number in Dhan?
Open the Dhan app and go to the “My Profile” section. Click “Profile & Account Details” for your 16-digit CDSL Demat account number.
How do you get a Statement of Demat Holdings in Dhan?
Log in to your Demat account and go to the statement section. You will find all the statements in that section, and you can print any statement you want.
What documents are required to open a demat account?
To open a Demat account, you will need address proof, identity proof, Aadhar, PAN number, bank account details, the bank’s cancelled cheque, and income tax return documents.
You will also need a passport-size photo and your signature that must match your signature on the PAN.
How long does opening a Demat Account in Dhan take?
The Dhan online Demat account opening process takes only 10 minutes. Your account will be ready for trading since they automatically provides a trading account when you open a account with them.
How do you change bank accounts in Dhan?
Open the Dhan app and go to the “Money” tab. In that section, you can add a new bank account and change your primary bank account.
How to transfer shares from one Demat Account to Dhan Demat?
To transfer your shares from other Demat account to this broker, request a Delivery Instruction Slip from the broker. This form will be send to the Central Depository.
The CSDL will finalize the account transfer process after verification.