Free Demat Account

A "demat account", short for "dematerialized account," is your very own electronic storage facility for holding and managing financial securities like stocks. You need a demat account to trade and invest in the securities market, especially if you want to buy and sell stocks, bonds, and other such securities.

A demat account is used to hold and store financial securities in electronic format, while a trading account is used to place buy and sell orders for these securities in the stock market. Think of a demat account as your own locker, while the trading account is the means of bringing securities to that locker.

Any individual over the age of 18, resident or non-resident, as well as Hindu Undivided Family (HUF), partnership firms, public and private companies, and registered trusts can open a demat account on Dhan.
Below are the type of demat accounts available on Dhan:

1. Individual Demat Account
2. HUF Demat Account
3. Corporate Demat Account
4. Partnership Firm Demat Account
5. LLP Demat Account

The documents required to open a Dhan demat account are:

1. Proof of identity (PAN card, Aadhaar card, Passport, etc.).
2. Proof of address (Aadhaar card, Passport, utility bill, etc.).
3. Passport-sized photographs.
4. Bank account details.
5. Income proof (To activate Futures & Options Trading).

A demat account allows you to store shares and participate in the stock market. Thus, there are a few charges such as Account Opening, AMC, Platform Fees, Brokerage, Transaction, STT, SEBI turnover, Stamp Duty, GST and more associated with it.
However, on Dhan there are no account opening charges or AMC. Furthermore, you can invest in Stocks (delivery) for ₹0, while it is ₹20 or 0.03% for Equity Intraday & All Segment Futures. For All Segment Options, the charges are ₹20 of trade value. We are transparent with all charges and pricing.

1. Convenient access to financial securities from anywhere, anytime.
2. Reduced risk of loss and theft that was prevalent with physical certificates.
3. Fast and easy processes for buying and selling securities.
4. Real-time tracking of investments and portfolio performance.

Yes, you can open multiple demat accounts in India with different depository participants (DPs). However, it's essential to keep track of your investments across all accounts to manage them effectively.

To open demat account you will require a trusted broker and few documents, especially when the demat account opening process is online. On Dhan you can easily open demat account online on in less than 10 minutes by following these steps:

1. Click on "Start Now" and Scan the QR to download the Dhan App.
2. Or, you can Open Demat Account from your desktop in 3 easy steps - Add Mobile Number and Email ID to get verified.
3. Upload the necessary documents required for digital demat account opening.
4. Complete the E-sign.

Once approved, you will receive your demat account details, and you can start investing online - It's that simple!

When you place an order for a stock, it is transferred to your demat account after settlement (T+1 days). Post-settlement, you can choose to sell the stock whenever you want, and based on the liquidity, the sell order is fulfilled by the exchange.
To buy and sell shares using your Dhan online demat account, follow these steps:

1. Log in to your "Dhan" account.
2. Add money to your trading account.
3. Choose the security you want to buy or sell.
4. Enter the quantity and price at which you want to transact.
5. Hit Buy or Sell.

That's it! This is how simple it is to start trading and investing online on Dhan.

Yes, your securities are safe in a Dhan demat account. As a registered depository participant and SEBI-registered stock broker, Dhan adheres to strict security measures and regulations to ensure the safety and integrity of your stocks and other financial securities.

Yes, besides shares, you can hold a variety of other securities in your demat account, such as bonds, government securities, Exchange-Traded Funds (ETFs), and other financial instruments.

Yes, you can transfer shares from one demat account to another. Follow these steps to get your shares to Dhan:

1. Register & Login on CDSL Easiest.
2. Click on “Transaction” and choose “Setup”.
3. Select “Bulk Setup” and then “Transaction”.
4. Enter “Execution date” “Beneficiary owner ID (BOID)”.
5. Tap on “Account ISINs”, choose the stock(s), & hit “Submit”.
6. Verify the request and select “Commit”.
7. Enter your CDSL Easiest PIN.