Zerodha Vs Groww Demat Account Comparison

Zerodha is a Bangalore based discount stock broker offering flat Rs 20 per trade in Equity Cash, Equity F&O, Currency F&O and Commodities. Zerodha launched its online trading services on 15th Aug 2010 and in first 7 years Zerodha made around 7 lakhs customers.

With innovative trading platform and tools along with the cheapest brokerage, Zerodha is fastest growing financial firm in India offering stock brokerage and depository services.

Groww is a fast-growing online stock broker and mutual fund investment company. It offers services to invest in Equity, IPO, and Direct Mutual Funds. Groww started offering demat account services in 2020. It is a member of the CDSL depository.

Groww is an online discount broker. It charges a flat of Rs.20 or 0.05% per executed order whichever is lower as trade brokerage fee.

Groww demat account charges include Account Opening fee of Rs.0 (Free), AMC of Rs.0 (free) and Debit Transaction Charge of Rs.13.50 per script for delivery trades and zero for intraday trades.

No. 153/154, Ground Floor,
4th Cross, J P Nagar, 4th Phase,
Bangalore Karnataka India - 560078

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

₹50 (Stamp charges payable upfront)

Individuals/Non Individual (except Corporate) - ₹300 + GST
Non Individual - Corporate - ₹1000

₹0

₹150 per certificate (+ ₹100 Courier charges)

₹150 per certificate + CDSL charges + ₹100 Courier charges

• Market Trades: ₹13.5 + GST
• Off-Market Trades: 0.03% of ₹25 whichever is higher + GST

₹30 per request + GST

₹0

₹20

₹50 per ISIN

• Cheque Bounce: ₹350
• Physical Statement - ₹50 (+Courier charges at actual)
• Modification in CML - ₹25 per request
• KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.