Introducing: Zero Activation Fees for Lending Stocks via SLBM on Dhan

Dear Investors,

It’s been a few months since we introduced Lending of Stocks via SLBM on Dhan, and provided an opportunity for investors to get passive income by lending stocks in their demat holdings for a short period of time.

Lending of stocks via the SLBM framework has been available to all Dhan users, on Web & Mobile for a while now, and we have seen yields go as much as 36% pa., with many everyday offerings seeing yields between 4% to 16% pa, all of this is driven by supply & demand in the markets. To help everyone track such SLBM trends, we introduced the same on SLBM Insights on ScanX.

With passing time, we’ve also seen remarkable engagement from many of you who have activated, lent, or borrowed stocks, and are actively exploring the platform. Your enthusiasm, feedback, and suggestions continue to help us shape a better investing and trading experience on Dhan.

Prior to the introduction of SLBM on Dhan, industry-standard brokerage fees for lending ranged anywhere between 10% to 20% of the lending value. We brought you a simple experience via SLBM at a much lower fee of 4.99% + taxes - and earlier this year, we went a step further and waived off all brokerage on Lending & Borrowing of Stocks on Dhan. This offer applies to all lending and borrowing transactions, irrespective of value or number of transactions, and is valid till 31st December 2026.

Creative 1

Today, to further drive even deeper adoption of Lending & Borrowing via SLBM, we’re also waiving off the one-time activation fees for SLBM. So whether you’re activating for the first time or getting started today, there’s zero cost to get in. This means you can take advantage of Stock Lending with even more confidence and flexibility during this period.

This is a great opportunity to dive deeper into stock lending, understand the segment better, and start lending out your portfolio to make the most of it.

Please note, if you are not yet a user of Dhan and would like to avail the benefit of free SLBM activation - ensure that you select the SLBM segment activation right when you open the account with Dhan. Having said that, just a gentle reminder that enabling DDPI is mandatory for SLBM as it helps us ensure smooth depository transactions when you are lending / borrowing stocks.

Whether you’re already familiar with Lending & Borrowing via SLBM, or just beginning to explore it, we hope this gives you the additional boost and confidence to try it out and start getting passive income.

Keep investing, trading, and now also lending & borrowing stocks on Dhan!

Warm Regards,
Tanvi

3 Likes

Tagging a few of you who had previously asked about SLBM activation charges or shared feedback on the same —

@Aradhana @SUPERNOVA @vinbhat @dazzler263 @Debajit_saha @MAULIK_SHETH @amish @nitishbangera @xAlphaTrade @Pradumya

We heard you, and we have some great news! :tada:

We have now waived off the one-time SLBM activation fee — so whether you’re activating for the first time or getting started today, there’s zero cost to get in.

And if you missed our earlier update, we had also waived off the brokerage fee of 4.99% + taxes on all Lending & Borrowing transactions on Dhan. This applies to all transactions irrespective of value or volume, and is valid till 31st December 2026.

So to summarise what’s now free:
:white_check_mark: SLBM Activation — ₹0 (was ₹199)
:white_check_mark: Brokerage on Lending & Borrowing — 0% (was 4.99% + taxes), valid till 31st Dec 2026

This is a great time to explore stock lending, put your portfolio to work, and earn passive income from stocks you’re already holding. Hope this helps — do feel free to ask any questions here! :raising_hands:

2 Likes

@Mohseen_Usmani
Thanks for the update — really appreciate the SLBM activation fee being waived, and the 0% brokerage on Lending & Borrowing till Dec 2026 is a great move. This makes it a lot easier to actually try out stock lending.

Is SLBM not available for HUF accounts in Dhan?

Hi @encore, Currently SLBM is limited to Individual users only, however we are working on bringing it online for HUF as well in the coming months.

Great. Thanks for update. Will try it out.

903627

As per your post, the SLBM activation fee is now ₹0. However, in the Dhan app, it is still showing an activation charge of ₹100 + GST. Could you please clarify whether this charge is still applicable or if it will be updated?

shows 0/- for me.

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@Pranav1 that’s ddpi fee

Ddpi is mandatory for slbm to work.. it is one time fee that will skip tpin process completely

Here Tanvi ji mentioned clearly.

Some people already activated ddpi earlier that’s why those people will be seeing ₹0 over there like @magicpoison