Dhan, India’s one of the fastest-growing stock broker offers online stock trading and investing platform for Stock, FnO, IPO, ETF, Mutual fund and Commodity at affordable discount rates. Dhan provides Web, Mobile app, Options trader web & app, Trading view, Dhan HQ API and Margin trading facility at incredible industry standard prices.
In this article, We will explain Dhan brokerage charges and pricing model in detail so you can easily understand the fees and taxes you can face when investing or trading through Dhan Web & App.
Dhan Detailed Charges List
Dhan brokerage charges and pricing, Dhan offers FREE account opening, Zero brokerage for equity delivery and ₹20 or 0.03% for equity Intraday & Futures, Dhan charges flat ₹20 for options per executed order. We have divided this section into 4 parts, the first section covers basic general charges list, the second section covers regulatory charges for equity, FnO, and commodity, the third covers penalties & Margin trading charges and last section we explained all charges.
Key Charges (Dhan Brokerage Charges)
₹0
For Account Opening
Free account opening, Zero Amc & Platform fess
₹0
For Equity Delivery
Zero brokerage for equity delivery, ETFs, IPO & Mutual Fund Investments
₹20
For Intraday
₹20 or 0.03% per executed order, whichever is lower applied on all intraday trades (Equity & Futures)
₹20
For Options
Flat ₹20 per executed order on Options trading.
Dhan Basic Charges List
| Description | Charges |
|---|---|
| Account Opening Charges | FREE |
| Annual Maintenance Charges (AMC) | ₹0 |
| Call & Trade Services | ₹50 + 18% GST |
| Auto Square Off Charges | ₹20 + 18% GST per Order |
| Depository Participant charges (DP) | ₹12.50 + 18% GST per company debit |
| Platform Charges | ₹0 |
| Cheque Bounce Charges | As per your bank’s policy |
| Payment Gateway Charges | ₹0 (Free for UPI and Net banking) |
| Credit Charges (Buy Receive) | ₹0 |
| Pledge Request | ₹12.5 + 18% GST per ISIN request |
| Unpledge Request | ₹12.5 + 18% GST per ISIN request |
| Pledge Invocation | ₹12.5 + 18% GST per ISIN request |
| Demat Charges | ₹250 per certificate + courier |
| Remate Charges | ₹250 per certificate + courier |
| DDPI Charges | ₹100 |
| Failed / Rejected Demat Transactions | ₹0 |
| Periodic Statement | ₹0 charges by Email. |
| Modification in KRA / Download | ₹0/- |
| Transfer of shares from Dhan Demat to other Demat | ₹12.50 + GST |
| Transfer of shares from other Demat to Dhan | ₹0 |
Regulatory charges: Dhan
Equity delivery, Equity Intraday, Futures & Options Regulatory Charges
| Type | Equity delivery | Equity intraday | Futures | Options |
|---|---|---|---|---|
| Brokerage | ₹0 ZERO | ₹20 or 0.03% per executed order whichever is lower | ₹20 or 0.03% per executed order whichever is lower | Flat ₹20 per executed order |
| STT | 0.1% on buy & sell | 0.025% on the sell side | 0.0125% on the sell side | 0.0625% on sell side |
| Exchange charges | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00297% BSE: 0.00375% | NSE: 0.00173% BSE: 0 (Zero) | NSE: 0.03503% BSE: 0.005% |
| GST | 18% on brokerage + SEBI charges + transaction charges + Other Tax | 18% on brokerage + SEBI charges + transaction charges + Other Tax | 18% on brokerage + SEBI charges + transaction charges + Other Tax | 18% on brokerage + SEBI charges + transaction charges + Other Tax |
| SEBI charges | ₹10 / crore or 0.0001% | ₹10 / crore or 0.0001% | ₹10 / crore or 0.0001% | ₹10 / crore or 0.0001% |
| Stamp charges | 0.015% | 0.003% | 0.002% | 0.003% |
| IPST (NSE) | 0.0001% of the turnover | 0.0001% of the turnover | 0.0001% of the turnover | 0.0005% of the turnover |
Commodity Regulatory Charges
| Type | Commodity Futures | Commodity Options |
|---|---|---|
| Brokerage | ₹20 or 0.03% per executed order whichever is lower | Flat ₹20 per executed order |
| CTT | 0.01% on sell (Non Agri) | 0.05% on sell side |
| Exchange charges | Group A: 0.0021% Group B: Refer Contract Note | Exchange Charges 0.0418% |
| GST | 18% on brokerage + SEBI charges + transaction charges | 18% on brokerage + SEBI charges + transaction charges |
| SEBI charges | ₹1/crore for Agri and ₹10/crore | ₹10/crore |
| Stamp charges | 0.002% on Buy Side | 0.003% on Buy Side |
Mutual Fund Charges – Dhan Brokerage Charges
| Description | MF Charges |
|---|---|
| Account Opening Charges | ₹0 FREE |
| Maintenance Charges | ₹0 FREE |
| Platform Fee | ₹0 FREE |
| Brokerage Charges | Zero Brokerage |
| Commission | ₹0 Commission (Direct Mutual Funds) |
| Payment | ₹0 Charges |
Dhan MTF (Margin Trading Facility) Charges
Dhan Brokerage Charges: 0.03% or ₹20 whichever is lower / per order
Pledge Charges: ₹12.5 + 18% GST per ISIN request on both side pledge and unpladge.
Interest Charges: Dhan charges 0.0438% per day for the funded amount. The interest is applied from T+1 day until the stocks are sold or before the actual funds are recived this cost will be deducted from your account (negative MTF ledger).
Penalty Charges
- Auto Square Off: ₹20 per order automatically squared by dhan team before market closure.
- Debit Balance: 0.0438% Non maintanance Dhan brokerage Charges. (MTF 50:50 of margin)
Dhan Charges
- Brokerage – 0.03% up to ₹20 per order charged on equity stocks & FnO order and Flat ₹20 for options
- Zero Commission on Mutual fund
Dhan Brokerage Charges List –
| Segment | Dhan Brokerage Charges |
|---|---|
| Equity Delivery | ₹0 FREE |
| Equity Intraday | 0.03% or ₹20 whichever is lower |
| Equity Futures | 0.03% or ₹20 whichever is lower |
| Equity Options | Flat ₹20 per exicuted order |
| Commodity Futures | 0.03% or ₹20 whichever is lower |
| Commodity Options | Flat ₹20 per exicuted order |
Government Charges
- STT (Securities Transaction Tax) – This charges levied by the government on securities and charged on both buy and sell orders for equity delivery & charged only on sell when you trade intraday in equity and FnO.
- GST 18% – Charged by government on the services. this is additional charges on brokerage, DP charges, Exchange charges, IPFT, Sebi Ternover and auto square off charges.
- Stamp duty charges – Stamp duty charges are a part of state government revenue systemapplicable on the trading of securities.
Regulatory Charges
- Transaction Charges – This charges applicable or charged by exchange like nse, bse on the value of your transaction.
- SEBI Charges – SEBI a government body regulating the indian securities market charged ₹10 per crore.
DP Charges
- ₹12.50 + GST per ISIN, on the debit day, is charged from the trading account when stocks are sold. This is charged by the depository and depository participant.
NRI Brokerage Charges
- Currently Dhan Account is accessable to Individual Indian Residents Only. Dhan team communicate to all customers if they roll out the Account Opening feature for NRIs in the future.
In this article, we taken a close look at Dhan brokerage charges and fees, see what you will actually pay when using Dhan platform for investing and trading. Dhan stands out by offering zero charges for delivery and mutual fund orders, making it easy for every beginners to start investing with no brokerage fees.
Overall, Dhan’s transperent brokerage pricing and advanced products simplifies the best in class trading experience as well as attract new traders and investors into the market without the burden of high fees.
