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Groww is an online discount broker with a simple pricing model. It offers a fixed, flat-fee brokerage plan to its customers. The maximum brokerage charged by the stockbroker is Rs 20 per order and the lowest brokerage charged is 0.05% of the transaction value. In addition to the brokerage, an investor also needs to pay various other transaction and regulatory charges, Demat charges over and above the brokerage.
Groww has an online brokerage calculator that helps you calculate the total cost of trading. The Groww brokerage calculator displays the exact amount of brokerage and other charges like STT, exchange transaction charges, SEBI charges, GST, and Stamp duty that you pay on your stock transactions.
Groww Account Charges
Groww offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with Groww. Groww fee structure and trading commission rates are explained as below.
To open Groww account you have to pay account opening charges and annual maintenance charges (AMC).
Groww Account Open Charges | Groww AMC 2024
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 0 (Free) |
| Trading Annual Maintenance Charges AMC (Yearly Fee) | Rs 0 |
| Demat Account Opening Charges (One Time) | Rs 0 |
| Demat Account Annual Maintenance Charges AMC (Yearly Fee) | Rs 0 |
Groww Brokerage Charges 2024
Customer pays a commission (brokerage) when buying or selling stocks through Groww. The brokerage charges for equity, commodities and currency derivative trading for Groww are explained as below.
Groww Standard Plan
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | NA |
| Equity Delivery | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order |
| Currency Futures | NA |
| Currency Options | NA |
| Commodity Futures | NA |
| Commodity Options | NA |
Groww Demat Account Charges 2024
The Demat account transactions are charged separately from the trading commission. Find Groww Demat account charges 2024.
Groww Demat Charges
Groww trading and demat account opening charges are Rs 0. Groww charges Rs 0 per year demat account AMC. Groww demat debit transaction charge of Rs ₹8 + ₹5.50 (CDSL Charges) per ISIN per debit transaction.
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 0 |
| 2 | Transaction Charges (Buy) | |
| 3 | Transaction Charges (Sell) | ₹8 + ₹5.50 (CDSL Charges) per ISIN |
| 4 | Annual Maintenance Charges (AMC) | ₹0 (Free) |
| 5 | Demat + Courier charges | ₹150 per certificate + courier charges |
| 6 | Remat | ₹150 per certificate + courier charges |
| 7 | Pledge Creation | ₹20 + ₹12 per request (CDSL Charges) |
| 8 | Pledge Creation Confirmation | |
| 9 | Pledge Invocation | ₹20 |
| 10 | Failed Transactions | ₹50 per ISIN |
| 11 | Other Charges | KYC Modification: ₹50 |
Groww Transaction Charges (Exchange Turnover Charge)
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
Groww Transaction Charges 2024
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
| Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) |
| Currency Futures | |
| Currency Options | (on premium) |
| Commodity | NA |
Groww Trading Taxes
Groww charges government taxes and fees in addition to the brokerage. These Groww trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the Groww tax calculation.
Groww Tax on Trading
| Tax Groww | Rates |
|---|---|
| |
Exchange Transaction Charges | Refer table above |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
SEBI Charges | 0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore) |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
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Frequently Asked Questions
1. How much does Groww charge for trading?
Groww is an online discount broker offering low-cost services to its customers. Groww follows a simple pricing model based on the flat fee model. The minimum brokerage charged by Groww is 0.05% of trade value and the maximum brokerage charged is Rs 20 across all segments including Equity Delivery, Intraday and F&O.
An investor has to pay other regulatory and transaction charges like STT, exchange transaction charges, GST, Stamp Duty over and above the brokerage.
Groww Brokerage Charges
Trading Segment Brokerage Equity Delivery
Flat Rs 20 per trade or 0.05% (whichever is lower)
Equity Intraday
Flat Rs 20 per trade or 0.05% (whichever is lower)
Equity F&O
Flat Rs 20 per trade
2. Is Groww free?
Groww is free for mutual fund investments with no transaction charges, no redemption charges, or any other hidden charges.
Groww also offers free account opening with zero maintenance charges. However, investing in stocks through Groww is not free. Groww charges a lower of Rs.20 or 0.05% of trade value towards brokerage for equity trades. An investor is also required to pay Demat charges and other regulatory charges like STT, stamp duty, exchange transaction charges, etc over and above the brokerage.
3. What are Groww intraday charges?
Groww charges a lower of Rs 20 or 0.05% of trade value as the brokerage for intraday transactions. Groww has a flat fee model charging the same brokerage for Equity Delivery and Intraday trades.
For intraday trades, if the transactions are not squared off by 3.10 PM, Groww initiates auto square off for the open trades, for which it charges a penalty of Rs 50 per position.
4. Does Grows have annual charges?
No, Groww does not charge any annual maintenance charges for maintaining a Demat account with the broker.
5. How is Groww brokerage calculated?
Groww follows a flat fee model. It charges a lower of Rs 20 or 0.05% of trade value as the brokerage for equity trades (intraday and delivery). The minimum brokerage charged by the broker is 0.05% of trade value and the maximum brokerage charged is Rs 20.
For example, if you buy 100 shares of ABC Ltd. at Rs 500, 0.05% of the trade value comes to Rs 25. Since the brokerage charged by Groww is lower of Rs 20 or 0.05%, you are required to pay only Rs 20 as the brokerage for this transaction.
Let's take a second example wherein you sell 100 shares of XYZ Ltd. at Rs 50, 0.05% of trade value comes to Rs 2.5, thus in this case you are required to pay only Rs 2.5 as brokerage as it is lower than Rs 20.
6. What are Groww withdrawal charges?
Groww does not charge any fees for the withdrawal of funds from Groww balance or for the redemption of mutual funds. However, sometimes in case of redemption, some funds may have an exit load that may get deducted from your redemption amount.
7. What are Groww charges?
Groww offers commission-free mutual fund investments and charges flat Rs 20 per trade brokerage for Equity and F&O.
Groww Charges
Head
Charges
Account Opening
Free
Mutual Funds Investment
Free
Demat AMC
Free
Brokerage (Equity Delivery)
Lower of Rs 20 per trade or 0.05%
Brokerage (Equity F&O)
Rs 20 per trade
Demat Debit Charges
Rs 13.5 per ISIN
Auto Square Off Charges
Rs 50 per squared off position
8. Does Groww charge commission?
Groww charges a lower of Rs. 20 or 0.05% of the trade value for Equity Delivery and Intraday trades and Rs 20 per executed order as the brokerage for F&O.
Apart from brokerage, an investor also has to pay other DP charges and regulatory charges like STT, stamp duty, exchange transaction charges, and SEBI Fees while trading with Groww.
Groww provides commission-free Mutual fund investments and offers free account opening with zero maintenance charges.
Zerodha (Trade with the best stock broker)
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.
Read more about Groww
- Groww Review - A Detail Analysis of Groww
- Groww Brokerage Charges, Fees, AMC, Transaction Charges
- Nextbillion Technology pvt ltd FAQs
- Groww Demat Account Review
- Groww Mobile App
- Groww Account Opening Process Review
- Groww Branch Offices / Sub Brokers / Franchise
- Apply in IPO through Groww
- Groww Trading Software Review
- Groww NRI Account Review
- Groww Mutual Fund Review
- Is Groww safe?
- Groww Complaints Analysis
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Groww Competitors Review
Information on this page was last updated on Tuesday, October 17, 2023
Zerodha (Trade with the best stock broker)
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.
15 Comments
15.Roshan Singh || Link|December 30, 2023 1:31:21 PMReply
If I buy & sold 100 loat of X F&O share what Brockage charges apply
2nd 1 loat buy & sold X F&I share?
14.गोपाल सिंह || Link|August 11, 2023 9:37:12 PMReply
ग्रो एप में मैंने 307रू इंट्रा डे में फायदा पाया लेकिन मुझे 72रु ही मिले ऐसा क्यूं
13.NCN SWAMY || Link|January 30, 2023 4:26:59 PMReply
Can I apply for SME IPO through GROWW
12.Shailendra || Link|November 11, 2022 8:20:46 PMReply
Ek ek Sher kharidne per बार-बार brokerage charge lagta hai kya.
11.Gonda Arumugam || Link|October 15, 2022 8:38:11 PMReply
Why groww app deducting other regulatory charges on f&o intraday including all other taxes and brokerage?...they are cheating peoples money.....every day they are taking 600rs to 300rs...from 1000rs profit....it is shame on u groww app....groww help team also couldn't answer this...
10.Nilesh Gopal Pawar || Link|August 14, 2022 8:59:51 AMReply
If i earn profit in groww intraday trading in 3 trades approx 500 then only I got 370? Why so other regulatory charges approx 100 ..it's better no trade in intraday
9.Suraj teli || Link|February 21, 2022 10:21:43 AMReply
Hii...Groww app charges all the brokerage and other gst charges while buying the shares ?
Or
While selling the shares.
Because when I buy the shares it shows me all the broken value of gst and other stuff...
Where most app shows value of brokerage and taxes while selling the shares.
8.S B Sharma || Link|September 18, 2021 12:46:57 PMReply
If we have to deposit some amount towards demat charges sepratly. Because inpite of various trnsaction in traday and Delivary I continiously reciving massage your demat a/c balance is zeero. And security Nil.
7.k CHANDANA || Link|September 2, 2021 1:03:32 PMReply
When any stock was sold with in how many days profit will be added and where will that profit adds
6.Sanjeev Dhiman || Link|June 4, 2021 12:57:34 PMReply
If i sell any stock , when the amount will be credited into my Groww Balance ?
6.1.Parivesh Pandey || Link|June 24, 2021 6:01:37 PM
On the same day, you will receive 80% and the rest of the 20% the next day; further, you can withdraw that amount to your bank t+2 day, which will settle in 24 hrs if not weekend or holiday.
5.Akshay Tapkir || Link|April 2, 2021 8:31:58 AMReply
If I loss or equal price share buy and sell then also I want to pay brokarage and taxes
5.1.Parivesh Pandey || Link|June 24, 2021 5:57:26 PM
yes
4.Satish || Link|February 2, 2021 10:00:49 AMReply
What are the charges for cancelling the order(Delivery or Intraday)
4.1.Ashim Roy Choudhury || Link|June 12, 2021 12:00:37 PM
What are the charges for cancelling the order(Delivery or Intraday)
3.Sahil kumar sharma || Link|May 4, 2021 9:31:10 PMReply
My ongoing transaction is -21000. What it mean ? Do it mean that i loss 21000 rs
2.Agam Singhal || Link|March 3, 2021 3:30:46 PMReply
Why do you round off the STT charges to the next whole number?
1.Subir Kumar Maity || Link|February 20, 2021 6:11:54 PMReply
If we will start the mutual fund monthly SIP Rs.1000/= through groww and the same amount,same mutual fund & purchase same day via brokarage (Agent) how much will get benifit, when purchase or selling, please explain or make comparision sheet for understanding. We want to know the details.
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