If you are planning to start investing or trading in the Indian stock market, opening a Demat and trading account is an important first step. The Dhan App Referral Code "ASAR14" is promoted for new users who want to open a Dhan account with free account opening.
Dhan currently advertises ₹0 account-opening charges, along with zero AMC and platform fees for eligible individual customers. This makes Dhan an option for investors and traders who want to start using an online investment platform without paying an upfront account-opening fee.
However, users should understand that free account opening does not mean every trading service is completely free. Brokerage, statutory charges, DP charges, and other applicable costs may still apply depending on the transaction and product.
What Is Dhan App Referral Code "ASAR14"?
The Dhan App Referral Code "ASAR14" is a referral code provided for users who are signing up for a new Dhan account.
Dhan officially supports referral codes and referral links. According to Dhan's support information, a new user needs to use the referrer's referral link or enter the referral code during registration for the referral to be successfully mapped.
If you are planning to open a Dhan account for the first time, you can enter ASAR14 during the applicable registration process and check the offer available to your account.
Dhan Referral Code "ASAR14" Benefits
1. Free Account Opening
The primary benefit highlighted by the offer is free account opening. Dhan currently lists ₹0 account-opening charges for individual and HUF accounts on its pricing page, while its standard individual account information also states zero AMC and platform fees.
This can help beginners start their investment journey without an initial account-opening charge.
2. Zero AMC for Eligible Individuals
Dhan's support information currently states zero AMC for lifetime. This means eligible individual customers can avoid the regular annual maintenance cost associated with maintaining the account, subject to Dhan's applicable terms.
Users should always check the latest pricing information because charges and eligibility conditions can change.
3. Easy Online Registration
Dhan is a digital investment platform, allowing users to complete the account-opening process online. This can be convenient for investors who prefer completing their KYC and account registration through their smartphone.
The Dhan App provides access to account information, portfolios, orders, positions, funds, watchlists and other trading features.
4. Access to Multiple Investment Products
Once the account is successfully opened, eligible users can access investment and trading products available through Dhan. These can include stocks, ETFs, IPOs, mutual funds, futures, options, commodities and other available products.
The exact availability and charges depend on the product and applicable account conditions.
How To Use Dhan App Referral Code "ASAR14"
Using a referral code during registration is generally straightforward.
Step 1: Download the Dhan App
Download the official Dhan application on your smartphone and open it.
Step 2: Start Account Opening
Select the option to open a new Dhan account and provide the required information.
Step 3: Enter Referral Code
During the registration process, enter the referral code:
ASAR14
Make sure the code is entered correctly before completing the onboarding process.
Dhan confirms that the referral code must be used during registration for successful referral attribution.
Step 4: Complete KYC
Provide the information and documents required for account opening and KYC verification.
Step 5: Submit Your Application
Complete the remaining onboarding steps and submit your application.
Step 6: Activate Your Account
After successful verification and account opening, you can log in to Dhan and explore the available investment and trading services.
Dhan Account Opening Charges
Dhan currently lists ₹0 account-opening charges for individuals and HUFs. It also lists ₹0 AMC for individuals and HUFs and ₹0 platform fees.
This is an important advantage for users who want to avoid upfront account-opening and annual maintenance costs.
However, other charges can apply. For example, Dhan's current pricing information lists DP transaction charges of ₹12.50 per instruction/ISIN plus GST, while intraday and MTF transactions can have brokerage charges.
Therefore, investors should review the complete pricing schedule before trading.
Dhan Brokerage Charges
Free account opening does not mean that all trades are free.
According to Dhan's current pricing information:
Equity Delivery, ETFs, IPOs and Mutual Funds: ₹0 brokerage
Equity and ETF Intraday & MTF: ₹20 or 0.03% of trade value per executed order, whichever is lower
Equity and Commodity Futures & Options: ₹20 per executed order
Statutory charges, taxes, exchange charges and other applicable costs can still apply.
Why Use a Dhan Referral Code?
A referral code can be useful when opening a new account because it connects the new user with the applicable referral program. Dhan states that referrals must be made using the appropriate referral link or code during account opening.
It is important to enter the correct code during onboarding. Dhan also explains that referral attribution is captured during onboarding and can become permanently mapped after the account is activated.
Therefore, if you want to use ASAR14, it is better to enter the code before completing your registration.
Who Should Consider Dhan Referral Code "ASAR14"?
The code may be worth checking if you are:
A new investor in India
Planning to open your first Demat account
Looking for free account opening
Interested in zero AMC
Looking for a mobile-based investment platform
Interested in stocks, ETFs, IPOs or mutual funds
Planning to trade through an online platform
Dhan states that individuals who are Indian citizens and over 18 years old can open an investment account in India, subject to its onboarding requirements.
Is Dhan Referral Code "ASAR14" Worth Using?
If you are already planning to open a new Dhan account, checking ASAR14 during registration can be worthwhile. Dhan currently offers ₹0 account-opening charges for eligible individuals, along with zero AMC and platform fees.
The referral code should be entered correctly during onboarding so that the applicable referral attribution can be recorded.
However, users should not choose a broker only because of a referral code. It is also important to compare brokerage rates, investment products, platform features, customer support, security practices and other charges.
Frequently Asked Questions
What is the Dhan App Referral Code?
The referral code featured in this article is "ASAR14." It is promoted for users opening a new Dhan account.
What benefit does ASAR14 offer?
The advertised benefit is free account opening. Dhan currently confirms ₹0 account-opening charges for eligible individual and HUF accounts.
Is Dhan account opening free?
Yes. Dhan currently lists ₹0 account-opening charges for individuals and HUFs.
Is Dhan AMC free?
Dhan currently states zero AMC for individuals, and its support page describes zero AMC for lifetime.
Where do I enter ASAR14?
Enter ASAR14 during the Dhan account-registration process when the referral-code field is available.
Can existing Dhan users use ASAR14?
Referral programs are generally intended for eligible new users. Dhan's referral terms state that users already registered with Dhan before using a referral link or code are not eligible for referral rewards.
Does free account opening mean trading is free?
No. Account opening can be free while brokerage, DP charges, taxes, exchange charges and other transaction-related costs may still apply.
Conclusion
The Dhan App Referral Code "ASAR14" is promoted for users looking to open a Dhan account for free. Dhan currently advertises ₹0 account-opening charges, zero AMC for eligible individuals and zero platform fees.
If you are planning to open a new Dhan account, enter ASAR14 during registration where the referral-code option is available. Make sure the code is correctly applied before completing your onboarding.
Before investing or trading, review Dhan's latest brokerage rates, statutory charges, DP charges and other applicable fees. Stock-market investments involve risk, and past performance does not guarantee future returns.