Company hereby grants You the limited right to access, view and use the Dhan Platform only for the purposes of carrying out online trades and transactions. Any rights not expressly granted to You herein are reserved to the Company.

Registration to the Dhan Platform is subject to the satisfactory completion of the registration form and submission of all mandatory documents and valid Permanent Account Number ("PAN") and its subsequent verification and KYC Registration Agency (KRA) verification. The Dhan Platform can be activated for KRA verified investors only. Accordingly, while enrolling for the Dhan Platform registration, your KRA verification process will be checked and You shall provide a copy of a valid PAN and proof of completion of Know Your Client ("KYC") through SEBI approved KYC Registration Agency (KRA Agency) or other details as may be prescribed from time to time and these details shall get verified with KRA. Online account opening using Aadhaar Card ("Aadhaar") is currently available only for residents of India opening accounts for an individual (HUFs, corporate bodies, NRIs, etc., shall not be eligible). When opening an account online using Aadhaar data will be fetched from the KYC database and cannot be edited. Once it is ascertained that the investor is KRA verified your Dhan Platform account would be activated. The account can be operated using your Dhan Platform user id and password. Subject to the applicable laws and regulations effective from time to time, User will be allowed to avail or use the fully-operational Services only when the User completes the KYC, investment readiness and information verification process and provides the complete personal information in accordance with the Know Your Client ("KYC") guidelines issued by the Securities and Exchange Board of India ("SEBI"), Stock Exchanges, Depository Service Providers, Clearing Corporations, KYC Registration Agency (KRA), Authorized Registrar and Transfer Agents ("RTAs"), Asset Management Companies ("AMCs"), or any other regulatory / government agencies or authorities from time to time. Dhan Platform may use your personal data in order to provide services to You, your personal information may be processed by or transferred or disclosed to and / or by third parties like SEBI/NSE/BSE/MCX/AMC's, RTA's, statutory bodies or agencies, relevant banks or 3rd party service providers & partners wherever necessary to enable Us to provide Services to

Dhan Platform may from time to time have programmes to promote engagement and education among Users. Dhan Platform run/may run initiative(s) where Users participating successfully, shall be awarded through more features, recognition or any other award decided by Dhan Platform subject to the terms of the programme. Similarly, the Dhan Platform encourages Users to refer their friends and family to begin investing with the Dhan Platform. In all such cases, the Dhan Platform reserves the absolute right to change, withdraw, modify or suspend a part of or an entire programme / initiative, without any prior notice to any such User. The Company's decision on any condition of how any such initiative or programme shall operate would be final. When You visit the Dhan Platform, You may see advertisements from third-party advertising companies regarding their products and services. These third-party companies may use certain information (but not including your Personal Information) such as the information about your visits to the Dhan Platform and other websites in order to provide advertisements customised to your preferences about goods and services. These display advertisements on the Dhan Platform will include financial or non-financial, products or services, owned and managed by group/affiliates of Dhan Platform or others, but are not limited to advertisements from any financial institutions about their products or from regulatory bodies to promote investor awareness.

You understand and acknowledge that all applications and biddings for Initial Public Offer ("IPO") shall be made through Applications Supported by Blocked Amount ("ASBA").You shall provide an authorization to the Self-Certified Syndicate Bank ("SCSB") to block the application money in your bank account, for applying /bidding for IPO. You have read all terms/conditions laid down by SEBI from time to time while applying through ASBA. You hereby understand and accept that the ASBA route of applying/bidding for the IPO is being provided by the company having the IPO in affiliation with the affiliated bank. You/We hereby agree that under the ASBA route, You/We will be able to bid at cut off rate as well as within the prescribed price band and You/We will be able to bid for an amount as applicable from time to time. You/We hereby understand that under the ASBA route, You/We will be able to revise as well as withdraw our bid during the bidding period. Retail individual investors can only withdraw ASBA bids. During the bidding period You can approach the same bank to which You had submitted the ASBA and request for withdrawal through a duly signed letter citing your application number, while, post the bid closure period, You may send withdrawal request to the registrar to the issue before the finalization of basis of allotment, who will cancel the bid and instruct SCSB to unblock the application money in the bank account after the finalization of basis of allotment. However, non-retail investors i.e. qualified institutional buyers and non-institutional investors are not eligible to withdraw their bids at any time. You/We hereby authorize the company having an IPO to instruct the affiliated bank to block your/our bank account maintained for the purpose of executing transactions in respect of, with the full amount of the bid application. In case of upward revision additional lien will be marked to the extent of incremental amount, however in case of downward revision of bid differential money blocked earlier will not be released. Such amount if any will be released after allotment. The amount so blocked will be debited from the said bank account only at the time of allotment. Until allotment, the amount will remain blocked in the said bank account and that the blocked amount will not be available for use. The blocked amount will be released after allotment, to the extent of unsuccessful allotment. You hereby undertake that You have read the red herring prospectus of the company having the IPO, fully understand the risks involved and are an eligible bidder as per the applicable provisions of the SEBI / Exchanges.

Other than the content You own, under these Terms, We and/or our licensors own all the intellectual property rights and materials contained in the Dhan Platform. You agree not to remove, obscure, or alter the Dhan Platform's or any third party's copyright, patent, trademark, or other proprietary rights notices affixed to or contained within or accessed in conjunction with or through the app / website / Service. Except as expressly authorized by Dhan Platform, You agree not to sell, license, distribute, copy, modify, publicly perform or display, transmit, publish, edit, adapt, create derivative works from, or otherwise make unauthorized use of the materials. The Dhan Platform reserves all rights not expressly granted under these Terms.

Client may place a refund request with Customer support team along with the payments details like the Card / Bank Account Number, Transaction Number, etc. and confirmation from the banking partner with respect to receipt of such payment from you. Once your Trading and Demat account is opened any payments made thereafter will be credited towards your account and there shall be no refunds. To withdraw any amount from such account you may place withdrawal request through the App or the Web.

The Dhan Platform and the Services provided are on an "as is," basis. The Company, its licensors and affiliates make no representations or warranties of any kind (express, statutory or implied) as to the operation of the Dhan Platform, provision of Services or the information, content, materials, or products included on the Dhan Platform, or in association with the Services or any third party websites or services. The Company will not be held responsible for any unethical, illegal acts performed by the Users and the action of each of the Users shall be their own responsibility solely. The Company disclaims any and all warranties, express or implied, including, but not limited to, implied warranties of merchantability, quality of service and fitness for a particular purpose and shall not be responsible for any loss of data, loss of profits or any kind of misuse (statutory or otherwise) by any of its Users individually or during their interaction with each other. You understand and agree that if You use, access, download, or otherwise obtain information, materials, or data through the app / website / Service, the same shall be at your own discretion and risk and that You will be solely responsible for any damage to your property (including your computer system and / or other device) or loss of data that results from the download or use of such material or data. We do not authorize anyone to make any warranty on our behalf and You should not rely on any such statement. This paragraph shall survive termination of these Terms. You also understand and agree that the Company shall ensure the availability and access to the Dhan Platform, its products and Services on best-effort basis, and the uptime / availability of the Dhan Platform will be dependent on uptime / availability from exchanges, connectivity service partners, Internet Service Providers (ISPs) and telecom service providers. However, it can be limited due to software and hardware availability and functionality also. You agree & confirm that if your mobile number is registered in the Do Not Disturb ("DND") list of Telecom Regulatory Authority of India ("TRAI"), You may not receive any SMS from the Dhan Platform. You shall take steps to deregister from the DND list and shall not hold the Company/Dhan Platform liable for the non-receipt of SMS in the interim period. Except as provided above, there are no other warranties, conditions or other terms and conditions, express or implied, statutory or otherwise, and all such terms and conditions are hereby excluded to the maximum extent permitted by law.

In no event shall the Company, nor any of its officers, directors and employees, be held liable for anything arising out of or in any way connected with your use of the Dhan Platform, whether such liability is under contract. The Company, including its officers, directors and employees shall not be held liable for any direct or indirect, consequential or special liability arising out of or in any way related to your use of the Dhan Platform.

You hereby indemnify to the fullest extent the Company and its officers, directors, employees and agents from and against any and/or all liabilities, costs, demands, causes of action, damages and expenses arising in any way or related to: (i) Your use or misuse of the Services / app / website; (ii) any violation by You of these Terms or applicable laws; or (iii) any breach of the representations, warranties, and covenants made by You herein; or (iv) any act, neglect, misconduct or fraud on your part; or (v) sharing and or disclosing the information disclosed hereunder. Company reserves the right, at your expense, to assume the exclusive defense and control of any matter for which You are required to indemnify the Company, including rights to settle, and You agree to cooperate with the Company's defense and settlement of these claims. Company will use reasonable efforts to notify You of any claim, action, or proceeding brought by a third party that is subject to the foregoing indemnification upon becoming aware of it. This paragraph shall survive termination of these Terms.

If any provision of these Terms is found to be invalid under any applicable law, such provisions shall be deleted without affecting the remaining provisions herein.

The Company is permitted to revise these Terms at any time as it sees fit, and while using the Dhan Platform You are expected to review these Terms on a regular basis. The revised Terms shall be made available on the Website/Dhan Platform. The changes will become effective, and shall be deemed accepted by You, 24 hours after the initial posting and shall apply immediately on a going forward basis with respect to your use of the Dhan Platform, availing the Services or for payment transactions initiated through the Dhan Platform after the posting date. If You do not agree with any such change, your sole and exclusive remedy is to terminate your use of the app / website / Service.

The Company is allowed to assign, transfer, and subcontract its rights and/or obligations under these Terms without any notification. However, You are not allowed to assign, transfer, or subcontract any of your rights and/or obligations under these Terms.

These Terms read along with our Privacy Policy constitute the entire agreement between the Company and You in relation to your use of the Dhan Platform, and supersede all prior agreements and understandings.

Company may remove, restrict, cancel or suspend access to and/or use of the Service and any part of it, if Company considers (in the sole discretion of Company) that You have breached any of these Terms. You agree that any termination of your access to the website and / or the app or any account You may have or portion thereof may be effected without prior notice, and You agree that Company will not be liable to You or any third party for any such termination or interruption. Any suspected fraudulent, abusive or illegal activity may be referred to appropriate law enforcement authorities. These remedies are in addition to any other remedies the Company may have under law or in equity. Upon termination for any reason, you agree to immediately stop using the Dhan Platform's app / website / Service. You may also terminate these Terms with the Company by ceasing to access the Service, deleting all copies of the Service or part thereof within your control. Termination shall not affect any rights or remedies, which have accrued up to the time of termination. Such termination request can only be initiated when (i) the portfolio value of the User is Zero, and (ii) there are no monies due to the Dhan Platform from the User. You understand that the Company and Dhan Plaform are subject to operate under various guidelines from the regulatory / government agencies beyond these Terms & Conditions, its privacy policy, and the rest; hence the termination of usage of the account might not necessarily result in the deletion of personal information and data provided by You to the Company.

Company/its authorised representative and its service providers shall not be liable for any failure to perform any of its obligations or service standards etc.if the performance is prevented, hindered or delayed by a Force Majeure Event ("Force Majeure Event"), which includes any event due to any cause beyond the reasonable control including, without limitation, unavailability of any communication system including internet, breach or virus in the processes or payment mechanism, sabotage, fire, flood, explosion, acts of God, pandemic, civil commotion, strikes or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, unauthorized access to computer data and storage devices, computer crashes, breach of security and encryption codes.

These Terms shall be governed by and construed in accordance with the Arbitration and Conciliation Act 1996, or such similar laws of India, which are not in conflict with each other. Such shall be subjected to the exclusive jurisdiction of the competent courts of Mumbai, India.

If You have any questions about these Terms, please contact us by email or postal mail on the following address:

E-mail ID: compliance@dhan.co
Address: 302, The Western Edge I, Off Western Express Highway, Borivali (East), Mumbai - 400066, Maharashtra, India