Are you searching for the right information about Groww quarterly charges? If so, you have landed at the right place.
Groww is one of the best trading apps in India that has made investment and trading far easier for its users. Due to this, more people prefer to open their demat accounts and trading accounts through the Groww app.
But they often look confused when it comes to knowing about the Groww charges they need to incur on a quarterly basis for using this app.
Here, we have shared clear and concise information on this subject. So, keep reading this post till the very end.
Groww Quarterly Charges for Demat Account
Now once you open a demat account with Groww there are different charges charged by a broker for its products and services.
One such is the AMC charges, which are charged on a quarterly basis by most of the stock brokers. But here unlike other brokers, Groww AMC charges are zero.
We must state clearly that even if your account has unused stocks in it, still, you still need not pay any charges at all. Isn’t it an icing on the cake for investors?
Hence there are no quarterly charges charged by Groww.
Groww Quarterly Charges
And that’s what makes Groww a lucrative platform for trading and investing. Indeed, Groww has contributed a lot in making investment activities easier than ever.
However, there is a brokerage fee that depends upon the trading segment. Following is the detail of the Groww Brokerage charges:
Groww Brokerage Charges
Equity Delivery Brokerage
Equity Intraday Brokerage
0.05% or ₹20 (whichever is lower)
Equity Futures Brokerage
₹20 per trade
Equity Option Brokerage
₹20 per trade
Finally, we can say that Groww does not charge any kind of fees on a quarterly basis. Not just account opening and account maintenance, Groww BTST charges and Groww payment gateway charges are also zero. However, it charges a minimal amount for brokerage activities which is affordable for everyone.
Also, Groww is safe to use and it makes their investment journey easier than expected. And that’s what makes it the first choice for long-term investors.
If you want to dive into the stock market and have no clue, you are just one step away from it. Just fill in the form given below and our team will help you in opening your demat account in no time.