Pravin Jadhav, founder of Raise Financial Services is the owner of Dhan App.
The documents required to open a Demat account with Dhan include a Proof of Identity (like Permanent Account Number) and Proof of Address (like Aadhar Card, electricity bill, etc).
No, customers need to open a Demat account and a trading/investment account. A Demat account is compulsory to be able to buy or sell securities.
Dhan App is an online investing and trading platform created by Raise Financial Services, a fintech startup founded by Pravin Jadhav.
Yes, Dhan is a SEBI registered Stock Broker and Depository Participant (DP).
Account opening on Dhan App is free. The platform does not charge an AMC either.
Yes, Dhan app is safe as it is a regulated stock broking platform, operating under the regulations & guidelines of SEBI & Stock Exchanges.
To close Dhan demat account, customers can download the account closure form from Dhan’s website. The said closure form needs to be filled physically and sent to Dhan’s head office. Online account closure is not available on Dhan App yet.
Dhan charges zero brokerage on equity delivery, ETFs and IPOs. For equity intraday, F&O, commodities and currency; Dhan charges ?20 per executed order or 0.03% of the order value, whichever is lower.
Dhan App charges ?20 per executed order for intraday trades.
Dhan does not charge account opening charges.
Users can open an account by downloading the Dhan App on their iOS or Android device and registering on said app. The account creation process can be then completed on the app or the Dhan website.