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Groww Brokerage and Demat Charges - Max Rs 20 Per Order 2024

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Groww Brokerage Plan Details

Groww Brokerage Charges, AMC and Trading Charges and overview - We have divided this section into 3 parts. In the first part, we have explained the fees for opening Groww trading account and AMC (if charged by the broker). In the second part, we have talked in detail about Groww brokerage plan/ trading plan. In case broker supports multiple plans, it will be explained in this section. In the third part, we have covered brokerage charges, list by charges for each segment, including Equity Delivery, Intraday, F&O, Currency Derivatives and Commodities. We have also covered Groww demat account opening charges & AMC, and complete Groww demat charges in detail.

Groww Trading Account Opening Charges & AMC

Opening a trading account is a one-time fee that Groww charges when you open your account.

Trading AMC (Annual Maintenance Charges) is an annual fee charged by Groww for maintaining your account. This is the annual fee and is deducted from your account even if you haven't traded for a year. Normally, the AMC for the trading account is free of charge.

Groww Account Opening Charges
Seq No. Transaction Duration Fee
1. Trading Account Opening Charges One Time Free
2. Trading Annual Maintenance Charges(AMC) Yearly Fee Free

Plan#1: Groww Brokerage Plan - Flat Brokerage Plan (Year:2024)

Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Groww Flat Brokerage Plan
Segment Value
Plan Name Flat Brokerage Plan
Monthly Plan NA
Equity Delivery 0.05% or Rs 20 whichever is lower
Equity Intraday 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 20
Equity Options Flat Fee Rs 20
Currency Futures Not Available
Currency Options Not Available
Commodity Not Available

Please refer our unique and accurate Groww Brokerage Calculator. We have covered each charges including stamp duty by state also to match your contract note.

Groww Equity Brokerage Charges List-2024

Groww Equity Brokerage Charges (Equity Delivery Brokerage - 0.05% or Rs 20 whichever is lower, Equity Intraday Brokerage - 0.05% or Rs 20 whichever is lower, Options Brokerage - Flat Fee Rs 20 and Futures Brokerage - Flat Fee Rs 20) are the total trading costs that a client has to pay for trading in equity. They are calculated by adding all the taxes and fees that are charged in addition to the brokerage fees. The charges and taxes are brokerage, transaction charges, STT (Securities Transaction Charges), GST, stamp duty and SEBI charges. There are differences in trading charges for equity delivery, equity intraday, equity futures & options trading cost. Please refer to the details below:

Groww Equity Brokerage Charges List - 2024
Type Charges
Brokerage Equity Delivery 0.05% or Rs 20 whichever is lower
Transaction Charges Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr
STT Equity Delivery 0.1% on Both Side(Buy and Sell)
Stamp Duty Equity Delivery Rs 1500 Per Cr on Buy only
Brokerage Equity Intraday 0.05% or Rs 20 whichever is lower
Transaction Charges Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr
STT Equity Intraday 0.025% on Sell
Stamp Duty Equity Intraday Rs 300 Per Cr on Buy only
Brokerage Equity Futures Flat Fee Rs 20
Transaction Charges Equity Futures NSE:200 Per Cr | BSE:FREE
STT Equity Future 0.0125% on Sell
Stamp Duty Equity Future Rs 200 Per Cr on Buy only
Brokerage Equity Options Flat Fee Rs 20
Transaction Charges Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr
STT Equity Options 0.0625% on Sell
Stamp Duty Equity Options Rs 300 Per Cr on Buy only
SEBI Turnover Charges Rs 10 Per Cr
GST 18% on the Brokerage and Transaction charges
Brokerage Calculator Groww Brokerage Calculator

Groww Currency Brokerage Charges List-2024

Groww currency trading charges are the total trading costs that a client has to pay for trading in currencies. They are calculated by sum up all the taxes and charges that are charged in addition to the brokerage fees. The charges and taxes are transaction charges, STT or securities transaction fees, GST, stamp duty and SEBI charges. The brokerage of trading in Groww Currency Futures - Not Available and Groww Currency Options - Not Available. Please read the details below:

Groww Currency Brokerage Charges List - 2024
Type Charges
Brokerage Currency Futures Not Available
Transaction Charges Currency Futures NSE:90 Per Cr | BSE:25 Per Cr
Brokerage Currency Options Not Available
Transaction Charges Currency Options NSE:4000 Per Cr | BSE:100 Per Cr
STT No STT
Stamp Duty Equity Future Rs 10 Per Cr on Buy only
SEBI Turnover Charges Rs 10 Per Cr
GST 18% on the Brokerage and Transaction charges

Groww Commdity Brokerage Charges List-2024

Groww Commodity Trading Charges are the total trading costs that a client has to pay for trading commodities. They are calculated by adding up all the taxes and fees that are charged in addition to your brokerage fee. The fees and taxes are transaction charges, CTT or securities transaction charges, GST, stamp duty and SEBI charges. The brokerage of trading in Groww Commdity - Not Available.

Groww Commdity Brokerage Charges List - 2024
Type Commdity
Brokerage Not Available
Transaction Charges NA
STT/CTT 0.01% on Sell
SEBI Turnover Charges Rs 10 Per Cr
Stamp Duty* 0.01% subject to a maximum of Rs 50 - Varies by State
GST 18% on the Brokerage and Transaction charges

Groww NEFT/RTGS/IMPS Bank Details

    Information Not Available

Groww fund transfer and fund payout

    pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
    Pay-out/Fund Withdrawal - Bank Transfer only

Groww payout time

    Max 24 hrs except bank holidays

Groww bank list and withdrawal charges

    Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.

Groww interest rate

    Information Not Available

Groww linked banks

    To operate your account, you need to link your primary bank account with Groww. You can add one or more bank account to fund transfer or pay-in your Groww trading account. Fund withdrawal request is always associated with your primary bank account. You need to pay a small amount of fund withdrawal charges which are mentioned in above section. You can link any public and private bank as your primary and secondary bank account. To open a trading account you must have bank information which includes Name, Address, IFSC Code and account number on your cheque, bank statement or bank passbook.

Groww minimum deposit

    There is no minimum deposit requirement when you open a trading and demat account with Groww. You need to pay account opening charges and demat AMC, if applicable. Once your account is up and ready you need to transfer fund to start trading.

Groww hidden charges

    Groww don't have any hidden charges. All charges and plan details are clearly defined in account opening document. No minimum charges or no other charges applicable.

Groww trading time

    Equity Cash, Intraday and F&O trading timing (BSE/NSE) is 9:15 am to 3:30 pm, Square off timing is 3:15 pm.

    Currency Derivatives Trading Timing (NSE/BSE) - Trading open time 9:00 am and close time 5:00 pm (Currency F&O – USDINR, EURINR, GBPINR and JPYINR) and 7:30 pm (Cross Currency F&O – EURUSD, GBPUSD and USDJPY).

    Commodity Trading Timing – Agri Commodity – 10 am to 5 pm, Other Commodities – 10 am to 11:30 pm.

In this section we have covered general question related to Groww brokerage and demat account charges like -

  • How much is Groww Account opening charges?
  • What are the brokerage plans available with Groww?
  • How much is equity delivery trading cost with Groww?
  • How much is F&O trading cost with Groww?
  • How much is currency trading cost with Groww?
  • How much is commodity trading cost with Groww?
  • What are the demat account opening charges with Groww?
  • What are other demat charges with Groww?

FAQs

Groww is an online discount broker that offers flat discount brokerage model to customers. The maximum brokerage charged is Rs. 20 per executed order regardless of the trade value. Here are the details of Groww Brokerage charges on trading across segments;

  • Equity Intraday: Lower of Rs.20 per order or 0.05%
  • Equity Delivery: Lower of Rs.20 per order or 0.05%
  • F&O Trading: Flat Rs. 20 per executed order
  • Direct Mutual Funds: Free or Zero broerkage.
  • DP charges: Rs. 13.5 per ISIN
  • Auto square off charges: Rs. 50 per position

 

Last Updated on 2024-01-05