If you are looking for a reliable platform to begin your stock market investment and trading journey, opening a Demat account is an important first step. Dhan is a digital trading and investment platform that offers online account opening along with access to stocks, ETFs, mutual funds, IPOs, futures, options and other market products. If you are planning to create a new Dhan account, you can use Dhan Referral Code “ASAR14” during the registration process.
Dhan currently advertises free Demat account opening with ₹0 AMC and ₹0 platform fees for eligible customers.
What Is Dhan Referral Code “ASAR14”?
ASAR14 is the referral code provided for new users who want to register for a Dhan account. If you are opening a Dhan account for the first time, you can enter the referral code during the onboarding process.
Dhan officially states that a referral can be successful when a new user opens an account using the referrer's referral link or enters the referral code during registration. Referral attribution is captured during onboarding, so it is important to provide the code correctly before completing the account-opening process.
Dhan Referral Code: ASAR14
Account Opening: Free for eligible customers
AMC: ₹0 according to Dhan's current pricing
Platform: Dhan
Process: Online account opening and KYC
Free Dhan Account Opening
One of the main reasons investors consider Dhan is its current account-opening offer. Dhan's official website states that users can open a Demat account online at ₹0 AMC, with no platform fees. Its pricing page also lists ₹0 account-opening charges and ₹0 AMC for eligible customers.
However, users should remember that free account opening does not mean every service or transaction is completely free. Brokerage, transaction charges, DP charges, statutory levies and taxes may apply depending on the type of transaction.
Therefore, it is always advisable to check Dhan's latest pricing information before placing trades.
Benefits of Opening a Dhan Account
1. ₹0 Account Opening
Dhan currently offers account opening at no charge for eligible customers. This can be useful for beginners who want to start investing without paying an upfront account-opening fee.
2. ₹0 AMC
Dhan currently advertises zero annual maintenance charges for eligible customers. This can help reduce the ongoing cost of maintaining a Demat account.
3. Digital Account Opening
The Dhan account-opening process is online and designed to be completed digitally. Users can begin the process by providing their mobile number and email details and then completing the required verification and KYC steps. Dhan's account-opening page promotes a quick online onboarding process.
4. Multiple Investment Products
Dhan provides access to several investment and trading categories, including stocks, options, futures, commodities, ETFs, mutual funds and IPOs. This allows users to manage different types of market investments through one platform.
5. Zero Brokerage on Equity Delivery
According to Dhan's current pricing information, equity delivery brokerage is ₹0. Dhan also lists free brokerage for ETFs, IPOs and mutual funds, while different charges apply to intraday, MTF and derivatives transactions.
How to Use Dhan Referral Code “ASAR14”
If you want to use ASAR14 while opening your Dhan account, you can follow these general steps:
Step 1: Visit Dhan
Open the official Dhan website or Dhan app and start the account-opening process.
Step 2: Enter Your Mobile Number
Provide your mobile number and complete the required verification.
Step 3: Start Registration
Enter your basic personal information and follow the instructions displayed during the onboarding process.
Step 4: Enter Referral Code “ASAR14”
When the referral-code field is available, enter ASAR14 carefully. Dhan confirms that a referral code can be entered during registration.
Step 5: Complete KYC
Provide the required KYC information and documents and complete the digital verification process.
Step 6: Submit the Application
Complete the remaining onboarding requirements and submit your application. After successful verification, your Dhan account can be activated according to the applicable process.
Why Should You Use Dhan Referral Code ASAR14?
If you are already planning to open a Dhan account, using ASAR14 during registration can help ensure that your account is associated with the referral. Dhan's referral terms explain that referral attribution is captured during onboarding and cannot simply be changed later.
It is therefore better to enter the referral code before completing the account-opening process rather than trying to add it afterward.
The actual benefits associated with a referral are determined according to Dhan's applicable referral program and eligibility requirements. Referral rewards can change, and users should check the offer shown during signup.
Dhan Trading and Investment Charges
Although Dhan offers free account opening, investors should understand that trading can involve additional costs.
Dhan's current pricing page lists ₹0 brokerage for equity delivery, while equity intraday and MTF are charged at ₹20 or 0.03% of trade value per executed order, whichever is lower. For equity and commodity F&O, Dhan currently lists ₹20 per executed order. Transaction charges and applicable statutory charges can also apply.
Before trading, users should carefully review the latest brokerage and charges applicable to their selected product.
What If You Forget to Enter the Referral Code?
Entering the referral code during onboarding is important because Dhan states that referral attribution is captured during the registration process. If you are registering through a referral, make sure ASAR14 is entered correctly before completing your application.
If you have questions about referral mapping, Dhan's support information states that users can contact its support team to reconfirm the referral associated with their account.
Is Dhan Suitable for Beginners?
Dhan can be considered by people who want to manage investing and trading through a digital platform. Its product range includes stocks, ETFs, mutual funds, IPOs and derivatives, while its platform also provides tools designed for active traders.
However, beginners should learn the basics of investing and understand the risks involved before putting money into the market. A free account does not eliminate investment risk, and market prices can rise or fall.
Final Words
The Dhan Referral Code “ASAR14” can be used by new users during the Dhan account-opening process. Dhan currently offers ₹0 account opening, ₹0 AMC and ₹0 platform fees for eligible customers, making it possible to start with a low account-maintenance cost.
If you are planning to open a new Dhan Demat and trading account, enter ASAR14 during registration and complete the required KYC process. Before trading or investing, check the latest referral terms, brokerage rates, transaction charges and other applicable fees directly on Dhan.