Is Dhan safe? Registration and identity checks
Check the legal entity behind Dhan, its published registrations, where your holdings are kept and the official channels you are using. Registration confirms an identity; it does not insure a trade, guarantee returns or establish that a lookalike app is genuine. This page gives no safety verdict.
Facts checked through . Each row links to the broker’s published instructions. Account-specific eligibility and terms can change after this date.
Registration & safety checks: published facts
| Topic | Published terms / instructions |
|---|---|
| Legal entity | Raise Securities Private LimitedOfficial source: Legal entity · Verified |
| SEBI stock-broker registration | INZ000006031Official source: SEBI stock-broker registration · Verified |
| SEBI DP registration | IN-DP-289-2016Official source: SEBI DP registration · Verified |
| Exchanges · member codes | NSE 90133 · BSE 6593 · MCX 56320Official source: Exchanges · member codes · Verified |
| Depositories · DP ID / code | CDSL 83400Official source: Depositories · DP ID / code · Verified |
| Official app | Dhan. Install it from the store listing linked here and check that the publisher matches Dhan’s legal entity before logging in.Official source: Official app · Verified |
| Grievance and escalation channel | Dhan publishes its complaint and escalation route on the linked page. Raise the complaint there first; if it is not resolved, you can escalate to SEBI SCORES and, where eligible, SMART ODR; see the customer-care page for the conditions.Official source: Grievance and escalation channel · Verified |
Verify the identity and the channel separately
Search the stock-broker registration above in SEBI’s register and compare the legal entity with your account-opening documents. A DP registration identifies depository participation; it is a different identifier from the stock-broker registration. Optional identifiers absent here remain unverified, rather than proof that a service is unavailable.
Open the broker’s own website independently. Follow its app and support links, then cross-check the app against exchange lists linked by SEBI. A genuine registration number can be copied by an impersonator. Do not rely on a social-media message, logo or screenshot to establish identity.
SEBI’s March 2026 announcement describes a Verified label on Google Play for registered stock-broker apps. Check the actual store listing; KYB has not verified a badge for this broker. A label is an identity aid, not a guarantee of returns, uninterrupted service or withdrawal processing.
SEBI sources re-read 2026-10-11. Custody, trading losses and impersonation are separate risks; these facts are not a safety score.
Dhan Registration & safety checks FAQ
Dhan is operated by Raise Securities Private Limited, which publishes SEBI stock-broker registration INZ000006031. Search that number in SEBI’s stock-broker register and check that the entity name matches your account documents. Registration identifies the intermediary; it does not guarantee returns.
Registration and custody rules reduce some risks but do not remove them. Shares sit in your demat account at the depository, while trading losses, market moves and impersonation are separate risks that no registration covers. KYB gives no safety score or verdict for Dhan.
Its SEBI depository-participant registration is IN-DP-289-2016.
Dhan’s official app is Dhan. Install it from the store listing linked here and check that the publisher matches Dhan’s legal entity before logging in. Cross-check the app against the exchange lists linked from SEBI Investor Support, and never rely on a social-media link or screenshot.
Start with Dhan’s own grievance and escalation channel, linked on this page. If the complaint is not resolved, you can escalate to SEBI SCORES and, where eligible, SMART ODR.