FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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19.65% 11,882,869 Clients
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Groww account opening charges are Rs 0 (Free) for a trading account and Rs 0 for Demat account. Groww charge Rs 0 AMC for Demat account.
Transaction | Charges |
---|---|
Trading Account Opening Charges | Rs 0 (Free) |
Account AMC Charges | Rs 0 |
Demat Account Opening Charges | Rs 0 |
Demat AMC (Yealy) | Rs 0 |
Groww is an online broker offering investment and trading services to its customers to invest in the Indian Stock Markets. The company does not provide any tips, recommendations, or research services.
Groww offers to trade in Equity, IPO, and Mutual funds. The company is working to expand its product base offering to include US Stocks, Digital gold, and Fixed Deposits in a phased wise manner.
Groww customers can use the advanced trading platform Groww offered by the company for free that includes a mobile trading app and a trading website.
Groww offers online and instant account opening to its customers. The account opening at Groww is free and a simple, easy, and completely paperless process. Groww does not offer an offline account opening.
Steps to open account with Groww
Note: In case your mobile number is not linked to your Aadhar card, you need to courier the physical copy of the account opening form (AOF) to the broker office.
The broker sends the AOF to your registered email id if you click on ''My mobile is not linked to my Aadhaar card'. You are required to download, print, sign, and send the form to the address mentioned in the AOF. The account gets activated once the broker receives and completes the verification of the account opening form.
Groww account opening is an online and paperless process. If you are registering with Groww for the first time, you may require to provide the PAN card/Passport and Aadhar card/Passport as identity and address proof. However, if you are unlocking the stocks option on Groww, you only need to e-sign with your Aadhar number and do not require any other document for completing the account opening process.
If your mobile number and Aadhar number are not linked, you will have to courier a duly signed physical form to the broker office to complete the account opening process.
Groww account opening is an instant process. It takes just a few hours for the broker to verify the details provided after you have submitted the E- signed AOF. However, if you have couriered the form, the account opening may take a few days considering the time taken for the documents to reach the broker office.
You can check the account opening status on your home screen that displays a message; Your documents are being processed. You can start investing in stocks in 24 hours.
You can also check your KYC status under Help & Support >> My Account. Alternatively, you can also raise a ticket with the Customer Help and support group or initiate a chat with the Customer Helpline/Customer Care Team or call the Groww customer care number (91-9108800604) to get the updates.
Groww account opening is entirely an online process. Hence the company does not provide account opening PDF forms on its website for download. The company has other account modification forms listed on its website under Download Forms options like Demat Form, modification form, pledge/unpledged form, nomination form, etc.
The physical account opening form is sent to your registered mail ID only when you do not have your mobile number linked to your Aadhar card. You are required to download the AOF, sign it, and courier the form to the broker office to complete the account opening process.
You can close the Groww trading and Demat account anytime you wish. Before initiating the closure of the trading/Demat accounts, you need to clear all the outstanding dues and also transfer the securities in your Demat account to another Demat account.
You cannot close the Groww trading and the Demat account online. You have to download the form from the website and send the duly filled and signed form to the broker office to initiate the account closure process.
The company will transfer the securities to the account mentioned in the form/DIS. You will receive the final statement on the closure of your account.
If you do not receive any communication from the company within 10-15 days, then follow up with customer support via chat, ticket or call.
The account opening at Groww is a quick, hassle-free, and paperless process.
Once the account opening form gets submitted to Groww, the Groww team takes a few hours to verify the account opening form and documents and the account gets ready for investing within 24 hours.
Groww offers free account opening to its customers. Groww does not charge for opening a trading and Demat account. It also has zero maintenance charges for maintaining a Demat account with the broker.
The account opening with Groww is a simple, instant, and paperless process.
Steps to open Demat and Trading account with Groww:
In case your Aadhar number is not linked to your mobile number, you need to click on 'My mobile is not linked to my Aadhar card' and download the AOF (account opening form) sent to your registered email id. You are required to send this physical copy of the duly signed AOF to the address mentioned in the AOF.
It is important to note that the account opening may take a bit longer in such cases as the broker can start verification of documents only once they receive them at their end.
Groww offers only online account opening to its customers. It is a 100% paperless process with an E-sign option to complete the account opening.
Steps to open Groww account online:
In case your mobile number is not linked to your Aadhar number, you can choose to download the AOF and send a physical copy of the AOF to the broker office for verification.
The account opening at Groww is a 100% paperless process. If you are opening an account with Groww for the first time, you may need to provide identity and address proof documents for completing the KYC. However, if you are unlocking the Stocks option, you are only required to E-sign the form by providing the required details.
Documents required for Groww account opening:
No, Groww does not offer any tips, recommendations for any stocks or mutual fund investments.
Groww is an online discount broker with no advisory services. However, Groww publishes a lot of information about stocks, mutual funds that can help investors make an informed decision.
Moreover, Groww also offers to compare mutual funds on Key parameters and stores the complete information of all the listed Indian companies that can help investors to make the right decision.
No, Groww does not have any annual charges. Groww offers free account opening and has zero annual maintenance charge (AMC) for demat accounts. Groww charges flat Rs. 20 per trade brokerage across all segments including equity delivery.
Groww app offers online account opening and KYC (Know your customer) completion.
Steps to do KYC in the Groww App
After successful KYC, you can start your investment journey.
The Groww mutual fund account can be closed by submitting the signed closure form to the Groww Head Office. You can also raise a ticket with the Groww support team to seek guidance on the closure process of your mutual fund account.
Please ensure to stop any active SIP and withdraw the mutual fund proceeds before initiating the closure request. The SIP can be cancelled online through the Groww App or the Groww web or by submitting the SIP cancellation form to the fund house.
Yes, Groww offers free trading and Demat account opening. The company also does not charge an annual maintenance fee for the Demat account.
The account opening at Groww is an online, instant, and paperless process. Groww account allows you to invest in Equity Stocks, F&O, IPOs, Mutual funds, Fixed Deposits, and US Stocks.
You can activate the Groww account online free of cost.
Steps to activate the Groww account:
Your account generally gets activated within 24 hours once the broker completes the verification process at their end.
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Information on this page was last updated on Tuesday, October 17, 2023
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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