To apply an active code on the app, enter the Dhan referral code JIINM22240 on the initial profile setup screen to claim up to ₹2,000 in brokerage cashback credits, a 100% free demat account with lifetime zero AMC, and zero brokerage on equity delivery investments. This official partner code is verified and tested for new registrations across both mobile and web platforms.
Primary Referral Code:
JIINM22240(Up to ₹2,000 brokerage credit)Unified Partner Code:
JIINM22240(Free TradingView chart trading)Where to Apply: Tap "Have a Referral / Partner Code?" on the first registration screen before submitting PAN details
Direct Invite Link: Open Free Dhan Account
Valid For: First-time account registrations on fresh mobile numbers
What is the Difference Between Dhan Referral Code and Partner Code?
Many new traders miss out on registration bonuses because they look for the code box in the wrong place or wonder whether they need a referral code or a partner code:
The Referral Code Function: A standard Dhan referral code connects your profile to an existing trader to waive standard registration fees and unlock promotional brokerage discounts.
The Partner Code Function: A Dhan partner code is an institutional tier code that links your trading terminal directly to authorized partner desks, activating direct TradingView execution (
tv.dhan.co) and priority technical feature releases.
On the latest Dhan app and web onboarding portal (join.dhan.co), there is a single unified input field labeled "Have a Referral / Partner Code?". Entering JIINM22240 satisfies both functions simultaneously, ensuring you receive both the retail fee waivers and institutional charting perks without needing multiple codes.
Verified Dhan Registration Benefits and Fee Waiver Structure
Here is the exact breakdown of standard broker deductions compared to opening an account with active code JIINM22240:
Benefit Category | Standard Broker Charge | With Referral Code | Practical Advantage |
Demat Account Opening Fee | ₹200 to ₹300 | ₹0 (100% Free) | Zero initial capital required |
Annual Maintenance Charge (AMC) | ₹300 to ₹500 yearly | ₹0 Lifetime Free | Hold long-term stocks without annual deductions |
Equity Delivery Brokerage | ₹20 per trade or 0.1% | ₹0 (Zero Brokerage) | Keep 100% of your long-term capital gains |
Intraday & F&O Brokerage | Flat ₹20 per executed order | Flat ₹20 or 0.03% (Capped) | Lowest discount trading fee structure in India |
Welcome Brokerage Credit | ₹0 | Up to ₹2,000 Cashback | Reimbursed against your first executed trades |
TradingView Pro Integration | ₹1,295 / month | ₹0 (tv.dhan.co Included) | Trade directly from charts with multi-screen setups |
Instant Fund Withdrawals | Standard NEFT / Delayed | Instant IMPS Payouts | Profits credited to your bank account within minutes |
Step-by-Step: How to Apply Dhan Referral Code JIINM22240
Follow these exact steps during your digital onboarding to ensure your code is accepted without errors:
Visit the Official Platform: Open your web browser and navigate directly to the verified sign-up page: https://join.dhan.co/?invite=JIINM22240. Alternatively, download the authentic Dhan app from the Google Play Store or Apple App Store.
Enter Mobile Number: Input your active 10-digit mobile phone number. You will receive a 6-digit one-time password (OTP) via SMS. Enter the OTP to verify your device.
Stop on the Profile Creation Screen: Do not rush through the identity screens. Right below your email or mobile verification, locate the clickable text that says "Have a Referral / Partner Code?".
Enter Code JIINM22240: Type
JIINM22240in uppercase characters with no extra spaces. Tap Apply. A green confirmation checkmark will appear confirming that the partner benefits are attached.Complete DigiLocker Aadhaar Verification: Link your DigiLocker to auto-fetch your identity records, enter your PAN card number, and take a quick selfie for identity matching.
Add Bank Details for Instant Transfers: Enter your bank account number and IFSC code for instant withdrawals.
Sign Digital eSign via NSDL: Complete your paperless agreement using your Aadhaar OTP. Your account is typically approved within 2 to 4 business hours.
📊 Prove the Math: Real Trading and Overhead Savings
I actively trade Nifty and Bank Nifty weekly options and maintain a long-term portfolio of blue-chip stocks. On traditional discount brokers, platform maintenance costs and third-party software subscriptions quietly drained thousands of rupees every year.
Here is my actual cost comparison after sixty trading sessions using code JIINM22240:
Account Setup & Registration: Other brokers charged ₹200 upfront. On Dhan: ₹0.
Annual Maintenance Charges (AMC): My previous broker deducted ₹450 every single year plus GST. On Dhan: ₹0 Forever.
Monthly Equity Delivery Buys (₹1,00,000 volume): Traditional brokers charge up to ₹100 or 0.1%. On Dhan: ₹0.
TradingView Charting Subscription: I used to pay ₹1,295 monthly for TradingView Essential just to run 4-chart screens and trade off indicators. On Dhan: ₹0 (Included Free via tv.dhan.co).
Welcome Brokerage Credit: The initial ₹2,000 credit reimbursed my brokerage across my first 100 options trades.
Total Annual Net Cash Saved: Over ₹18,500 every single year.
Taking five seconds to apply code JIINM22240 during onboarding eliminates platform overhead and preserves capital for your trading portfolio.
⚠️ Watch Out For: The Screen 1 Lock Trap
The single biggest mistake new traders make is entering their PAN number before applying the referral code.
On Dhan, the referral and partner code box appears strictly on the initial mobile registration screen. If you skip this screen and enter your PAN details, Dhan's automated compliance system runs an instant CIBIL identity check and permanently locks your profile as a direct organic registration. Once locked, the code input box disappears forever, and Dhan customer support cannot manually attach the code or retroactively credit the ₹2,000 welcome benefits. Always verify that code JIINM22240 is applied with a green checkmark before entering your PAN.
Frequently Asked Questions (FAQ)
Can I apply a Dhan referral code after my account is opened?
No. Referral and partner codes must be entered on the initial registration screen before submitting your PAN and KYC documents.
Does Dhan referral code JIINM22240 work for existing users?
No. Referral benefits and the ₹2,000 brokerage credit are strictly reserved for brand new registrations who have never registered their PAN with Dhan before.
Is Dhan account opening completely free?
Yes. Opening a demat and trading account on Dhan costs ₹0, and there are no AMC or hidden platform maintenance charges.
Can I trade directly from TradingView charts without paying?
Yes. Entering code JIINM22240 links your profile to tv.dhan.co, enabling direct one-click chart trading, multiple layouts, and custom technical indicators for free.
How is the ₹2,000 brokerage credit utilized?
Your welcome brokerage credit is automatically adjusted against brokerage deductions on your executed trades during your promotional onboarding period until the full limit is utilized.