Dhan Referral code is “HCOKF60465”. Apply the Code while Creating an account and Get a Free Demat account. Also, Refer and Earn 20% Brokerage.
Dhan Referral Code | HCOKF60465 |
Signup Benefit | Free Demat Account |
Refer and Earn | 20% Brokerage |
Dhan Referral Link | Signup |
Dhan Alternative | Groww, 5Paisa, Angel One, Upstox, Zerodha |

Table of contents
- Requirements to Open Dhan Demat Account
- How to Apply Dhan Referral Code
- How To Complete Dhan KYC
- Dhan Refer and Earn
- Dhan Equity Brokerage Charges
- How to transfer shares to the Dhan investing app?
- How much time does it take to open a demat & activate the Dhan account?
- Is Dhan a Safe App to Invest in the Share Market?
Requirements to Open Dhan Demat Account
You can Literally Open a Dhan Demat account in Just 10 Minutes. This is the Fastest Demat account process I have seen.
- Pan Card
- Aadhaar Card Linked with Mobile Number
- Signature on Paper.
- 6 Months Bank Statement or Salary Slip.
How to Apply Dhan Referral Code
➤ Download the Dhan app from the Google Play Store.
➤ Open The app > Enter Your Mobile Number and Verify it with One Time Password (OTP).

➤ Now Enter Your Email Address. You can Verify Your Email either By entering the One Time Password (OTP).OR Click on The link Received In Your Email.

➤ Set A Six Digit Pin and Confirm it. This is useful for opening the Dhan app.

➤ Set Up Face ID if You Like. Alternatively, You can Set it Up Later. Just Skip It for Now.

➤ Now You Can see the Have a Referral Code option under Finish KYC & Onboarding Process. Enter Dhan Referral code as “HCOKF60465”.

How To Complete Dhan KYC
➤ Complete the Above Process.
➤ Dhan KYC will take approximately 10 Minutes to complete.
➤ Click on Finish KYC and Onboarding Process.

➤ Enter Your PAN Card Number and Date of Birth as On PAN.

➤ If you Did DigiLocker KYC in any other Platforms Like Groww, Rmoney, or Angel One. Dhan Will automatically Fetch your Data from DIGILOCKER. Select the option according to you.

➤ If You have Selected Proceed with Aadhaar. You have to Upload the Pan Card Image on The Next page.
➤ If you Have a pan Card Image in the Gallery upload that. If Not Take a Photo with a Camera.

➤ Now place Your Face in The circle. For Live photo Verification.
➤ You have to Make Some Declarations about Yourself Your Annual Income, Profession/ Occupation, Trading Experience, Commodity Trade Classification, and Some other mandatory Declarations.

➤ Now Submit Your Income Proof. You can Submit your Last Six Months’ Bank Statement or Your Salary Slip.
➤ Below I have Submitted my Bank Statement. Also, added my Statement Password.

➤ Link Your Bank Account to do That you can You can Verify by paying ₹1 from Your Bank Account through UPI. This will be refunded within 2-3 days
➤ You can manually Enter Your Bank Account details as account number and IFSC code. Dhan app will deposit ₹1 to Your Bank For Verification.

➤ Once your bank account is verified. You Will see around a 62-page Forum. Check it and Click on Proceed.
➤ Now verify Your Aadhaar With OTP. The page will be redirected to the Aadhaar authentication portal.
➤ Upload Signature from Your Gallery or Sign on your screen.
➤ Set a Password For Your Account. This is useful for Login in to the Dhan app.

➤ That’s it You will see You have Successfully Submitted all your documents.

➤ Once all the documents are verified. Your documents will be sent to exchanges and depository.
Dhan Refer and Earn
Refer Your friends to Dhan and Get 20% off brokerage when friends trade on Dhan. And you earn for a lifetime! Your Friend will get a Free Demat Account.
To Refer Your Friends Click on Profile at the Top Left > Refer and Earn. On The next page, you can see Your Dhan Referral Code.

Dhan Equity Brokerage Charges
These Below Equity Brokerage Charges are updated on 31 May 2023. For the latest Charges Visit the official website.
Charges | Equity (Delivery) | Equity (Intraday) | Equity (MTF) |
---|---|---|---|
Brokerage | ₹ 0 (Zero Brokerage) | ₹ 20 or 0.03% per executed order whichever is lower | ₹ 20 or 0.03% per executed order whichever is lower |
Transaction charges | BSE: 0.00375% NSE: 0.00345% | BSE: 0.00375% NSE: 0.00345% | BSE: 0.00375% NSE: 0.00345% |
GST | 18% on brokerage + transaction charges + SEBI Turnover fees | 18% on brokerage + transaction charges + SEBI Turnover fees | 18% on brokerage + transaction charges + SEBI Turnover fees |
Securities Transaction Tax (STT) | 0.1% on buy & sell | 0.025% on sell transactions | 0.1% on buy & sell |
SEBI Turnover fees | 0.0001% of the turnover | 0.0001% of the turnover | 0.0001% of the turnover |
Stamp Duty | 0.015% on turnover of buy orders | 0.003% on turnover of buy orders | 0.015% on turnover of buy orders |
Note: Stamp Duty and STT are rounded off to the nearest rupee and all other charges to the nearest 2 decimals.
Demat Account Related Charges
Account Opening Fees | ₹ 0 account opening charges. |
Annual Maintenance Charges | ₹ 0 AMC. |
DP Transaction Charges | ₹ 12.50 / instruction / ISIN + GST. |
Pledge Charges | ₹ 12.5 / transaction / ISIN + GST. Involves all requests including pledge, unpledge and invocation. |
Other Charges
Platform Charges | ₹ 0 platform charges. |
Auto-Square Off Charges | ₹ 12.50 / instruction / ISIN + GST. For paying from CUSA while selling shares. |
Call & Trade | ₹ 50 / order + GST. For every order placed through our trade desk. |
Payment Gateway | ₹ 0 charges on UPI payments & net banking. |
Interest Charges | 0.0438% per day on outstanding MTF and non-MTF debit and non-maintenance of 50:50 margin. |
CUSA Charges | ₹ 12.50 / instruction / ISIN + GST. For payin from CUSA while selling shares. |
1. Register & Login on CDSL Easiest2. Click on “Transaction” & choose “Setup”3. Select “Bulk Setup” & “Transaction”4. Enter “Execution date” and “Beneficiary owner ID (BOID)”5. Tap on “Account ISINs”, choose stock(s), & hit “Submit”6. Verify the request & select “Commit”7. Enter your CDSL Easiest PIN
How much time does it take to open a demat & activate the Dhan account?
You can open a demat account in less than 10 minutes! Account activation happens as soon as exchanges approve your KYC.
Dhan is a SEBI-regulated platform & a Depository Participant (DP). You can rely on Dhan to invest in the share market. Thousands of others do too.