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Dhan review

Dhan holds OBPP enablement on both exchanges yet, as far as we could find, sells no corporate bonds through it: its bonds page returned 404 and Aug 2026 press said it was preparing a launch. Its pricing page carries G-sec, T-bill and bond pledge lists, so you can hold and pledge them, but how you buy them on Dhan was not verified.

Verified

Dhan official site We earn nothing from this link.

Key facts

Legal entity
Raise Securities Pvt Ltd source
Group or backers
Not verified in our research source
SEBI registration
INZ000006031 (stock broker) source
NSE OBPP status
Enabled since 2nd Aug 2024 (an earlier Cafemutual reading did not list Dhan on NSE) source
BSE OBPP status
Active, enabled 25th Sep 2024 source
Corporate bonds via RFQ
Not live as far as we found; press on 26th Aug 2026 said Dhan was reportedly preparing a launch reported source
Listed bonds on the exchange order book
Not verified source
NCD IPOs
Not verified source
G-sec, T-bill and SDL bids
Not verified; the pricing page links a G-sec and T-bill pledge list, so they can be held at Dhan source
SGBs
Not verified source
Where your bonds sit
Not applicable while no bond platform is live source
Minimum investment
Not applicable source
Fees and markup
No bond, G-sec, T-bill, SGB or NCD line on the pricing page (17th Oct 2026) source
DP charge when you sell
Not verified in our research source
Yield shown as
Not applicable source
Selling before maturity
Not applicable source
Settlement
Not applicable source
Credit range on shelf
Not applicable source
NRI access
Not verified source
Play Store (India)
4.7 from 65,400 reviews, 1 crore+ downloads, read 17th Oct 2026 (the US storefront shows 4.0) source
App Store (India)
3.17 from 1,528 ratings, read 17th Oct 2026 source
SEBI or exchange actions
None bond specific found in our research source

Suits

  • Dhan users who hold G-secs or T-bills and want to pledge them

Watch out for

  • No live corporate bond platform found despite OBPP enablement
  • No bond charges published

Can you buy corporate bonds on Dhan?

Not as far as we could find on 17th Oct 2026. dhan.co/bonds returned HTTP 404 that day, and Free Press Journal reported on 26th Aug 2026, citing Moneycontrol, that Dhan was reportedly preparing to introduce corporate bonds, with no date (dhan.co/bonds; Free Press Journal).

Until it launches, Dhan users who want corporate bonds in their own demat can look at broker apps that already sell them, such as Groww, or at platforms that use your existing demat.

Is Dhan registered as a bond platform?

Yes. Raise Securities Pvt Ltd (SEBI INZ000006031), the company behind Dhan, is enabled as an OBPP on NSE since 2nd Aug 2024 and active on BSE since 25th Sep 2024, per the exchange files read on 17th Oct 2026 (NSE list; BSE list).

An earlier Cafemutual round up of the OBPP lists did not show Dhan on NSE (Cafemutual). We rely on NSE's own file, updated as on 14th Oct 2026. Registration with no live product is common: see the registry for others in the same position.

Can you hold or pledge G-secs and bonds with Dhan?

Yes. Dhan's pricing page links a G-Sec & TB Pledge List and an ETFs & Bonds Pledge List, which shows G-secs, T-bills and some bonds can be held and pledged with Dhan (Dhan pricing). How a Dhan user buys them, through non-competitive bids or the exchange order book, was not verified, and the pricing page has no bond, G-sec, T-bill, SGB or NCD charge.

If you mainly want T-bills or G-secs, RBI Retail Direct and the fee free routes are documented.

Questions people ask

Does Dhan sell corporate bonds?

Not that we could find on 17th Oct 2026. Its bonds page returned 404, and Aug 2026 press said Dhan was reportedly preparing a launch.

Is Dhan a SEBI registered bond platform?

Yes. Raise Securities Pvt Ltd is enabled as an OBPP on NSE since 2nd Aug 2024 and active on BSE since 25th Sep 2024.

Can I pledge G-secs and T-bills on Dhan?

Dhan publishes a G-sec and T-bill pledge list, so eligible holdings can be pledged. Pledge charges for them were not captured in our research.

Sources

  1. NSE list of registered OBPPs (as on 14th Oct 2026)
  2. BSE OBPP member list (file dated 24th Sep 2026)
  3. Free Press Journal, 26th Aug 2026: Zerodha and Angel One get SEBI nod for corporate bonds
  4. Cafemutual: who are the registered OBPPs
  5. dhan.co/bonds (404 on 17th Oct 2026)
  6. Dhan pricing
  7. Dhan on Google Play
  8. Dhan on the App Store