SLBM is here : (SLBM is now Live on Dhan)

Feature Requests ✋ Implemented
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Exciting to know more on this @Dhan @PravinJ

Screenshot 2025-10-29 at 9.04.40 AM
Screenshot 2025-10-29 at 9.04.40 AM1408×840 122 KB

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Hi @Dhanush4777, here is a detailed video on SLBM - https://youtu.be/uFjX-bC-f-8?si=9VY5u_2t0DsgEav8

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Thank you @shraddha I also Waitlist for Fuzzai Kindly DM Invite code @PravinJ @Anirudha

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Glad you have access. Excitement will be on the Live Now tab - keep a watch on it thru the day for exciting opportunities @Dhanush4777 :slight_smile:

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Sure @PravinJ

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SLBM activation charge is 199/-

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Hi @xAlphaTrade We reduced lending fees from 20% which is current industry standard to 4.99%. There are costs involved in DDPI, KYC, verification, activation and compliances associated.

Well, not all good things in life don’t come for free. Have a business to run :slight_smile:

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199? It’s 298 and strangely the activation button is only visible on the Android App. Can’t find it on the Web app and the IOS app doesn’t have this feature.

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I think they know that you are ameer that’s why you are seeing 298 :joy::joy:
I am also seeing 199 as activation fees

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I’ve submitted the request for activation and also the activation fee was debited yesterday. Still it shows in the process of activation. Any specific time limit for activation?

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Hii @nitishbangera , as discussed over the call, the SLBM activation fee is ₹199. Since DDPI activation is a mandatory requirement for SLBM on Dhan and is not yet enabled in your account, the system currently shows a combined amount of ₹298 for both DDPI and SLBM activation. Once DDPI is activated, the SLBM fee will appear as ₹199 only.

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Thank you @Rushabh_Vakharia for the clarification. Need of DDPI for SLBM itself makes it a no-go for me.

Haha ameer is not even in the horizon :smiley: . I am a DDPI skeptic and hence the cost.

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Hi @specter , we are reviewing your query regarding SLBM activation and will share an update with you shortly.

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Hi @specter , we are happy to share that SLBM has been successfully activated on your account. You can now start using the feature seamlessly.

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Thanks. Got the mail of activation.

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No worriers :slight_smile:

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@Rushabh_Vakharia Can you please detail out why is DDPI needed for SLBM? If the SLBM consent is given, the shares can be rented out. DDPI is basically giving consent to the broker to sell off the shares. Renting shouldn’t have anything to do with selling off. Even if we consider that moving the stock needs DDPI, why can’t it be done over TPin and why has Dhan mandated DDPI activation?

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Correct. DDPI is alternate to those who do not want TPIN.

But TPIN for SLBM should be allowed if user does not mind.

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Hi @nitishbangera In Renting, shares move from your demat account to that of the borrower. We use DDPI for this reason.

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@PravinJ My other point mentioned in my comment was that even if we need DDPI to move shares from my demat account to the borrower, why can’t we use TPin to move and why has Dhan mandated DDPI? I like SLBM but I am not comfortable with DDPI. I believe once I give consent to SLBM, the TPin option should be allowed as well.