If you are planning to start investing or trading in the Indian stock market, opening a Demat and trading account is one of the first steps. Dhan is an online investment and trading platform that allows eligible users to open an account digitally. If you are looking for a Dhan referral code, you can use “ASAR14” while registering for a new account.
The Dhan App Referral Code “ASAR14” can be entered during the onboarding process. Dhan officially confirms that users can join through a referral link or enter a referral code during registration. Referral attribution is captured during onboarding, so new users should enter the code correctly before completing the account-opening process.
What Is Dhan Referral Code “ASAR14”?
Dhan referral code ASAR14 is an invite code that can be used by a new eligible user while opening a Dhan account. If you are registering for Dhan for the first time, you can enter this code during the signup process.
The referral code helps connect the new account with the referrer under Dhan's referral program. According to Dhan's official referral terms, a referral must be completed through the appropriate referral link or code during onboarding, and the referral program's rewards and eligibility are determined according to Dhan's applicable policies.
Dhan Account Opening Is Free
One of the key advantages for new investors is that Dhan currently advertises ₹0 account opening charges for eligible individual customers. Dhan also lists ₹0 AMC for Individuals & HUFs and zero platform charges on its current pricing page.
This means you can open a Dhan account without paying an account-opening fee. However, free account opening does not mean every trading or Demat transaction is free. Certain transactions and services can have applicable charges, taxes, or regulatory fees.
Benefits of Opening a Dhan Account
1. Zero Account Opening Charges
Dhan currently lists ₹0 account opening charges for Individuals and HUFs. This makes the platform accessible to users who want to start their investment journey without an initial account-opening fee.
2. Zero AMC for Eligible Customers
Dhan currently states that Individual and HUF customers have ₹0 annual maintenance charges, while its support page also describes zero AMC for lifetime. Other customer categories can have different charges.
3. Digital Onboarding
Opening a Dhan account can be completed online. Dhan states that the account-opening process takes less than five minutes and requires PAN and Aadhaar as the two mandatory document IDs. During onboarding, users may also need to complete live-photo, digital-signature, mobile-number, and email verification.
4. Investing and Trading Options
Dhan provides access to different market products and services. Its platform supports activities involving stocks, ETFs, IPOs, mutual funds, futures and options, and other market-related products.
5. Zero Brokerage on Equity Delivery
Dhan currently advertises zero brokerage on equity delivery, while different rates apply to intraday, MTF, futures and options transactions. Users should check the latest pricing before trading because charges and tariffs can change.
How to Use Dhan Referral Code “ASAR14”
If you want to use ASAR14 while opening a Dhan account, follow these general steps:
Step 1: Open the Dhan App or Website
Start the Dhan account-opening process through the official Dhan platform.
Step 2: Enter Your Mobile Number
Provide your mobile number and complete the required verification.
Step 3: Start the Account Opening Process
Follow the onboarding instructions shown on the screen and provide your basic information.
Step 4: Enter Referral Code “ASAR14”
When the referral-code option appears during onboarding, enter ASAR14 carefully. Dhan confirms that referral codes can be entered during registration.
Step 5: Complete KYC
Keep your PAN and Aadhaar details ready. Dhan may also capture your live photograph and digital signature during the onboarding process.
Step 6: Complete Account Activation
Finish the remaining verification steps and submit your application. Once the onboarding process is successfully completed, your Dhan account can be activated according to the applicable process.
Who Can Open a Dhan Account?
Dhan states that an Individual Indian Citizen over the age of 18 can open an investment account on its platform. Dhan also provides offline assistance for certain non-individual account categories, including HUFs, LLPs, partnership firms, corporate accounts and trusts.
Before opening an account, users should make sure they meet the applicable eligibility and KYC requirements.
What If You Forget to Enter the Referral Code?
It is important to enter the referral code during the account-opening process. Dhan states that referral attribution is captured during onboarding. Its support information also explains that if you miss entering the code, you can contact Dhan support at help@dhan.co within seven days of account opening, providing the required UCC and referral code, so the team can review the request.
Therefore, entering ASAR14 correctly during registration is the easiest way to ensure that the referral is captured.
Dhan Charges You Should Know
Although account opening is currently free, investors should understand that trading and Demat services can involve other charges.
Dhan's current pricing page lists ₹0 account-opening fees, ₹0 AMC for Individuals and HUFs, and ₹0 platform charges. It also lists DP transaction charges of ₹12.50 per instruction/ISIN plus GST and different brokerage rates for intraday, MTF, futures and options.
For this reason, new investors should review the latest tariff and pricing information before placing trades.
Is Dhan Referral Code “ASAR14” Worth Using?
If you are already planning to open a new Dhan account, using ASAR14 during registration can be useful because it identifies the referral associated with your signup. Dhan's referral program has specific eligibility conditions, and the actual referral rewards are determined by Dhan under the applicable referral policy.
The most important point is to use the code during the initial onboarding process and check the offer or referral information displayed by Dhan before completing your registration.
Final Words
The Dhan App Referral Code “ASAR14” can be used by new users during the Dhan account-opening process. Dhan currently offers free account opening with zero AMC and platform fees for eligible customers, while other transaction-related charges may apply depending on the service used.
If you are planning to start investing or trading, you can enter ASAR14 during registration and complete the required KYC process. Always verify the latest referral terms, eligibility criteria, brokerage rates and other applicable charges directly on Dhan before opening an account or making any investment.