Now Live: Open HUF Demat Account 100% Online!

Product Announcements 🔈
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Hello everyone,

When Dhan launched back in November 2021, it was born digital-first, aided by the identity innovations in India, such as DigiLocker, Aadhaar-based eSign and online PAN verification.

This culture of innovation is present across all our products and features, which is something our users love. While individual onboarding was digital, fast and seamless, the feedback for opening HUF accounts with us wasn’t quite the same. Since the time we started onboarding HUF demat accounts (back in January 2023), many of you have shared the pains of offline paperwork and endless visits to courier centers. We listened and we wondered - why can’t we bring the same onboarding experience that millions of our users love?

Today, we’re happy to announce that we’ve built an onboarding digital journey from scratch, that transforms HUF account opening from multiple days into a ten-minute online experience, right in your browser.

Security is at the heart of everything we do. This new process features multiple layers of verification—automated data capture, live video confirmation, and OTP checks—to keep your family’s financial data safe and secure.

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What documents will you need?

  • HUF PAN & Karta’s PAN

  • Karta’s Aadhaar Number (for one-click Digilocker fetch)

  • Karta’s Signature on plain white paper + HUF Seal or valid attestation stamp

  • HUF Bank Statement (Last 6 months)

What are the charges or opening an HUF account with Dhan?

The charges remain the same - right from Day 1, we’ve always wanted to innovate on product, tech and customer experience - and not pricing. So account opening and account maintenance charges remain the same as before - ZERO.

We’re confident this will make opening an HUF account effortless and transparent. And this is just the beginning—we have a lot more surprises waiting for you!

Here’s a step-by-step procedure for opening an online HUF Demat account on Dhan!

Your insights continue to shape Dhan. If you encounter any issues or have suggestions, please drop a comment below or reach out to help@dhan.co.

Open FREE HUF Demat Account - Save Taxes with HUF Account on Dhan.

Thank you for being part of our journey to redefine HUF account onboarding in India!

- Ravi Shankar Mukherjee
Product Team at Dhan

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Wow that’s really awesome feature, AFAIK Dhan may be the only platform that allows full online account opening procedure for HUF Kudos…
By the way do we still need to have different email and phone numbers for individual and HUF?

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Good addition. Going to pull in more users for sure.

Please also add online Contact address update for HUF for existing accounts.

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Good work
Many people’s don’t know about HUF they need awareness
Keep going Dhan team👏🏻

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Welcome to the Dhan Community, @shanmukhananda — great to have you here!
Yes, as of now, separate Email IDs and Mobile Numbers are required for Individual and HUF accounts. We understand this adds friction, and it’s on our radar as we continue improving the experience. Thanks for highlighting it, and for your kind words on the HUF Onboarding experience!

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Thanks for the kind words, @amish!
We hear you — our next focus is to bring the same seamless modification experience to HUF accounts as we do for individual clients, wherever feasible within regulatory bounds. Appreciate your feedback!

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Thanks for the encouragement, @Sahaj — truly appreciate it!
You’re absolutely right, there’s still a long way to go in spreading awareness around HUFs. We’re committed to doing our part in that journey.