HUF
HUF account opening
Opening a HUF (Hindu Undivided Family) Account on Dhan is a step-by-step online process. Below are the stages you’ll go through:
📝 1. Basic Details & Verification
Mobile Number & Email Verification
Enter HUF PAN: Add PAN and Date of Incorporation (DOI) – name is auto-verified as per ITD (Income Tax Department)
Enter Karta’s PAN: Add PAN and Date of Birth – name will be confirmed as per ITD
🔐 2. KYC through Digilocker
Use Digilocker to fetch Karta’s PAN and address details
You'll be asked to confirm the auto-fetched details to proceed
📄 3. Declarations
You will be asked to fill in a few declarations:
Annual Income of HUF: Users will select the annual income figure
Occupation: Business
PEP Declaration: Users will indicate whether any member of the HUF is a Politically Exposed Person (PEP)
Tax Residency: Users will declare their tax residency status
Trading Experience: Users will provide details regarding their trading experience, including duration
Trading Preferences: Users will specify their preferred exchanges and segments for trading (e.g., equity, derivatives, etc.)
👥 4. Update Coparceners
Add details of coparcener(s)
📷 5. Uploading Live Photo and IPV
Live Photo of the Karta
VIPV (Video In-Person Verification): Karta will read the OTP displayed on the screen
✍️ 6. Signature Upload
Upload Karta’s signature with HUF stamp (to be used in the account form)
🏦 7. Address & Bank Proof
Upload HUF Bank Statement (last 3 months) as proof of address
The system will use Optical Character Recognition (OCR) to automatically capture the address details from the uploaded document, minimizing manual intervention
Once the OCR process is complete, the captured address details will be displayed to the user for review
After reviewing, the user’s consent will be required to confirm the accuracy of the details before proceeding
💳 Bank Verification (2 options):
Penny Drop: Enter HUF Bank Account Number and IFSC. If successful, bank details will auto-populate
If Penny Drop fails: Upload any of the following:
HUF Personalized Cheque
HUF Bank Statement (last 3 months)
Bank Passbook with HUF Name
🖊️ 8. E-signing
Enter Aadhaar number of the Karta
OTP will be sent to Aadhaar-linked mobile number
Complete the e-sign to submit the form
✅ 9. Final Activation
Once verified and approved, your HUF account will be activated within 2–3 working days

