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Dhan Referral Code "ASAR14" Get Free Account Opening

Dhan Referral Code "ASAR14" Get Free Account Opening

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Written by Asish Kumar

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. The Dhan 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 can make Dhan an attractive option for investors and traders who want to start using an online investment platform without paying an upfront account-opening fee.

However, 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 investment product.

What Is Dhan Referral Code "ASAR14"?

The Dhan Referral Code "ASAR14" is a referral code intended for users who are signing up for a new Dhan account. Dhan officially supports referral codes and referral links, and its support documentation says that a friend must use the 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 available offer before completing your onboarding.

Dhan's referral terms also state that users who were already registered with Dhan before using a referral link or code are not eligible for referral rewards.

Dhan Referral Code "ASAR14" Benefits

1. Free Account Opening

The main advertised benefit of this offer is free account opening. Dhan's current pricing page lists ₹0 account-opening charges for Individuals and HUFs.

For a new investor, avoiding an upfront account-opening fee can make it easier to begin investing without an initial account setup cost.

2. Zero AMC for Eligible Accounts

Dhan currently lists ₹0 Annual Maintenance Charges (AMC) for Individuals and HUFs. Its support page also states that AMC is zero for lifetime.

This can be useful for investors who want to maintain their Demat account without a recurring annual maintenance fee, subject to the applicable account category and current terms.

3. Zero Platform Fees

Dhan's current pricing information lists ₹0 platform charges. This means eligible customers do not pay a separate platform fee simply for maintaining the account.

4. Digital Investment Platform

Dhan provides a digital platform for investing and trading. Users can access features such as orders, positions, portfolio, watchlists, charts, funds and other account-management tools across its platforms.

How To Use Dhan Referral Code "ASAR14"

Using the referral code during account opening is straightforward.

Step 1: Open Dhan

Download the official Dhan app or visit the Dhan website and start the account-opening process.

Step 2: Start Registration

Enter the information requested during registration and begin creating your new Dhan account.

Step 3: Enter Referral Code

When the referral-code field appears, enter:

ASAR14

Make sure that the code is entered correctly before continuing.

Dhan's official support page confirms that a new user can enter a referral code during registration.

Step 4: Complete KYC

Provide the required information and complete the KYC and verification process.

Step 5: Submit Your Application

Finish the remaining account-opening requirements and submit your application.

Step 6: Activate Your Account

Once your application has been successfully processed, your Dhan account can be activated and you can access the available investment and trading services.

Is Dhan Account Opening Really Free?

Yes, Dhan currently advertises ₹0 account-opening charges for Individuals and HUFs. It also lists ₹0 AMC for these account categories and ₹0 platform charges.

However, investors should understand the difference between free account opening and free trading.

Opening an account at no cost does not mean that all transactions are free. Depending on what you trade, other charges can apply.

For example, Dhan currently lists:

  • ₹0 brokerage for Equity Delivery, ETFs, IPOs and Mutual Funds

  • ₹20 or 0.03% of trade value per executed order, whichever is lower, for Equity and ETF Intraday and MTF

  • ₹20 per executed order for equity and commodity Futures & Options

  • ₹12.50 per instruction/ISIN plus GST for DP transactions

Statutory taxes, exchange transaction charges, STT, stamp duty and other applicable costs can also apply.

Why Use Dhan Referral Code "ASAR14"?

A referral code can be useful when opening a new Dhan account because it connects the new customer with the applicable referral program. Dhan states that a successful referral requires the new user to use the correct referral link or code during account opening.

It is therefore important to enter ASAR14 during the registration process if you want to use this particular referral code.

Dhan also explains that referral mapping is captured during initial registration and becomes permanent after the account is activated.

Who Should Consider Dhan Referral Code "ASAR14"?

The code may be worth checking if you are:

  • A new investor in India

  • Planning to open a Demat account

  • Looking for free account opening

  • Interested in zero AMC

  • Looking for a digital investment platform

  • Planning to invest in stocks or ETFs

  • Interested in IPOs or mutual funds

  • Planning to trade futures and options

Dhan's platform supports multiple investment and trading products, making it suitable for both long-term investors and active traders.

What If You Forget To Enter ASAR14?

It is important to enter the referral code during onboarding. Dhan states that referral attribution is captured during account opening. However, if you accidentally miss entering the referral code, Dhan's support page says you can email help@dhan.co within 7 days of account opening, mentioning your UCC and the referral code, and the team may review the request.

This means users should ideally enter ASAR14 before completing the registration process.

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 and HUFs, along with ₹0 AMC and platform fees.

The referral code should be entered correctly during onboarding so that the referral attribution can be recorded.

However, a referral offer should not be the only reason to choose a broker. Investors should compare brokerage, transaction charges, investment products, trading tools, customer support, platform features and other applicable fees.

Frequently Asked Questions

What is the Dhan Referral Code?

The referral code featured in this article is "ASAR14." It is promoted for users who are opening a new Dhan account.

What benefit does ASAR14 provide?

The advertised benefit is free account opening. Dhan currently confirms ₹0 account-opening charges for eligible Individuals and HUFs.

Is Dhan account opening free?

Dhan currently lists ₹0 account-opening charges for Individuals and HUFs.

Does Dhan charge AMC?

Dhan currently lists ₹0 AMC for Individuals and HUFs, and its support documentation states zero AMC for lifetime.

Where do I enter ASAR14?

Enter ASAR14 during the Dhan account-registration process when the referral-code option is available.

Can existing Dhan users use ASAR14?

Dhan's referral terms state that users who were already registered before using a referral link or code are not eligible for referral rewards.

Does free account opening mean there are no trading charges?

No. While account opening, AMC and platform fees may be ₹0 for eligible customers, brokerage, DP charges, statutory taxes and other transaction-related costs can still apply.

Conclusion

The Dhan Referral Code "ASAR14" is promoted for users who want to open a Dhan account for free. Dhan currently advertises ₹0 account-opening charges, zero AMC for eligible Individuals and HUFs, and ₹0 platform fees.

If you are planning to open a new Dhan account, enter ASAR14 during registration where the referral-code option is available. Check that the referral information is correctly applied before completing the onboarding process.

Remember that free account opening does not mean every investment or trading service is free. Review Dhan's latest brokerage rates, DP charges, statutory taxes, transaction costs and other applicable fees before placing trades.

Investing in the stock market involves risk. Always understand the product, charges and risks before investing and make decisions according to your financial situation and investment objectives.

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