Dhan Account Opening Guide

Discount Broker Depository: CDSL

Dhan is one of India's fastest-growing technology and product-led stock broking platforms offering lightning-fast investing and trading experience to its active client base of 55,101 till August 2022.

Dhan Demat Account Opening Process Step by Step.

Step 1: Click on ‘Open Your Account’ to visit Dhan and start your account opening process. Enter your mobile number in the field provided in the app.

 

Step 2: Enter the OTP received on your mobile number. Click Sign Up to continue.

 

Step 3: Enter your email address. Once you receive a verification code in the mail ID entered in the top field, input the verification code in the field below.

 

Step 4: Now set a six-digit pin for your account.

 

 

Step 5: Upload a picture of your PAN card from your device or scan your PAN card using your phone’s camera. Click next to continue.

 

Step 6: Wait for your scanned/uploaded PAN to be verified. This usually takes around 30 seconds.

 

Step 7: Add your personal information, like Gender, Occupation/Profession, etc.

 

Step 8: Upload your picture from your device or take a selfie to add your picture to your account. Click Next after uploading documents.

 

Step 9: Next comes Complete your “In-Person Verification” by recording and uploading your video.
 

 

Step 10: Now, upload a picture of your signature (as on PAN) or sign in the field provided in the app itself. Click Next to continue.

 

Step 11: Enter your income information and other relevant declarations for your account. Click continue to proceed to the next step.

 

Step 12: To activate F&O Trading, provide proof of your income by uploading an electronic document for the same.

 

Step 13: Now add your bank details to link your bank account with your Dhan App account. Click next to continue.

 

Step 14: Verify your e-sign through Aadhar OTP verification and select continue to proceed further.

 

Step 15: Now set a password for your account.

 

Step 16: It takes 10 mins to open your account. You will also get the login credentials to your trading account in the welcome mail. Happy Investing.

Dhan Demat Account Opening - Documents Required.

Documents required:

  1. A scanned copy of your PAN card.
  2. A scanned copy of Aadhar Card.
  3. An active mobile number linked to your aadhaar card. To complete the eSign in process, you will need OTP. So, make sure your mobile number is linked with your Aadhar card. If not, then visit the nearest Aadhaar Seva Kendra to get it updated.
  4. Cancelled Cheque/Bank statement to link your bank account. Make sure the bank statement you are uploading has an Account number, IFSC and MICR code printed on it. If these are not clear then your application may be rejected. The cheque must have your name clearly inscribed on it.
  5. A scanned copy of your signatures. This should be done with a pen on blank paper and should be clearly visible. Pencils, sketch pens or markers will make the application rejected.
  6. Income Proof - It is required if you wish to trade in Futures & Options, Currency or Commodities. You can submit any of the following documents for income proof:
    1. Form-16
    2. Latest 6-month Bank statement
    3. Latest salary slip
    4. Networth certificate from a CA
    5. Income Tax Return Acknowledgment

Note – Please note that only individual accounts are opened online.