Groww combines Indian share and fund investing with derivative trading. Its current NRI product uses a Non-PIS NRO account; US investing has separate contracting and custody arrangements. Those account boundaries determine the applicable products, prices and redress.[1][2][3]
Accounts & headline costs
Sections ↑Broker essentials01
Groww at a glance
| Measure | Value | Context |
|---|---|---|
| Domestic contracting entity | Groww Invest Tech Private Limited; SEBI stock-broker registration INZ000301838. | Source 4 |
| Opening and maintenance | Ordinary demat opening and annual maintenance: ₹0. | Source 5 |
| Currency segment | Groww’s help centre says currency-segment trading is unavailable. | Source 6 |
| US service | Groww IFSC Private Limited facilitates the current Alpaca-based US securities account. | Source 3 |
Account comparison02
Customer routes
| Customer | Documents and access | Limit |
|---|---|---|
| Resident individual | PAN, identity/address verification, Aadhaar-linked mobile for digital verification and linked bank account. | Activation and product approval precede trading; opening a demat account does not enable every derivative.Source 5 |
| Minor | Guardian verification, the child’s PAN/Aadhaar, date-of-birth evidence and the child’s bank. Separate login email/mobile required. | Mutual funds and stock/bond IPOs are available; share buying, intraday and derivatives are excluded. Opening and AMC are zero.Source 7 |
| HUF | Hindu Undivided Family account: HUF PAN and bank statement, Karta’s PAN/Aadhaar and deed where required. | The Karta manages the family entity’s account. The dedicated route advertises digital opening with no opening or AMC fee.Source 8 |
| Company and other entities | Groww’s account page advertises corporate and other entity routes. | Its individual signup and pricing cannot by themselves establish a company’s final onboarding conditions.Source 5 |
Account comparison03
Current NRI route
| Item | Published position |
|---|---|
| Account structure | Non-resident Indians and eligible OCI applicants use an NRO Non-PIS account. NRO means Non-Resident Ordinary; Non-PIS avoids the Portfolio Investment Scheme route.Source 2 |
| Evidence | PAN, passport, overseas address and NRO bank details; OCI card where applicable.Source 2 |
| Products | Equity delivery, F&O, mutual funds, ETFs and IPOs; MTF and commodities are excluded from this route.Source 2 |
| Conversion from resident status | The 8 September 2026 conversion guide requires updated non-resident documentation. An older help answer still says NRIs cannot invest; the dedicated current product and conversion guidance establish the newer route.Source 9Source 10 |
Entities & regulation04
Current overseas service structure
| Party or rule | Role and boundary |
|---|---|
| Groww IFSC Private Limited | Discloses broker-dealer IFSC/BD/2022-23/0009 and global-access-provider IFSCA/GAP/BD/2026-27/013. These remain company-published claims in this profile because a named current IFSCA register entry was not independently established.Source 34 |
| Alpaca Securities LLC | The current terms assign US execution, clearing and custody to Alpaca; onboarding creates a separate securities account.Source 3 |
| Eligible products | Foreign exchange-listed financial products are subject to the permitted-product list. Crypto and crypto-backed instruments are excluded; specified foreign derivatives are restricted.Source 35 |
| Remittance | Resident Indian funding must satisfy applicable foreign-exchange rules and the Liberalised Remittance Scheme. The domestic INR trading balance is not an unrestricted foreign-margin account.Source 35 |
Products & platforms
Sections ↑At a glance05
Domestic investment range
| Product | Access and ownership |
|---|---|
| Shares, ETFs and IPOs | Indian exchange securities and new-issue applications are available through the main account. ETFs are traded securities; an IPO application still depends on allotment.Source 1 |
| Direct mutual funds | Lump-sum and systematic investing; Groww’s mutual-fund tariff charges ₹0 for buying and redeeming. Scheme expenses, exit loads and taxes remain product considerations.Source 11 |
| Bonds | The dedicated service displays listed and new-issue bonds with issuer, coupon, maturity, rating and yield-to-maturity information. Yield is not a guarantee of payment or an immediate resale price.Source 12 |
| Commodity derivatives | The commodity service lists bullion, energy and base-metal contracts, including smaller variants. These are margin-based exchange contracts, not a vault account or a promise of physical delivery.Source 13 |
Platforms & products06
Interfaces for different jobs
| Interface | Supported use |
|---|---|
| Main app and web | Securities investing, fund discovery, portfolio tracking and trading tools. A product screen or quote alone does not establish approval to trade it.Source 1 |
| 915 terminal | Dedicated F&O interface using the same Groww account, funds, positions and contract notes without an extra terminal fee; equity-cash trading is excluded.Source 32 |
| 915 workspace | Option chain, payoff/basket tools, chart layouts, position monitoring and keyboard actions support multi-leg analysis. Execution quality has not been independently tested here.Source 32 |
| Trading API | The F&O tariff lists API access at ₹499 monthly. Separate API permissions and usage limits apply.Source 15 |
| Smart-order API | Documented GTT/OCO endpoints cover cash and F&O. The API guide excludes commodity smart orders; published GTT validity defaults to one year.Source 33 |
Fees & holding costs
Sections ↑Pricing & charges07
Domestic order charges
| Order or service | Published rate | Charging detail |
|---|---|---|
| Resident equity | Lower of ₹20 and 0.1% per executed order, with ₹5 minimum. | The stock fee page also states the applicable maximum regulatory percentage. Buy and sell orders each create charges.Source 14 |
| Equity or commodity F&O | ₹20 per executed order. | Premium-based option levies and notional-based futures levies are separate.Source 15 |
| NRI securities | Delivery: 0.1%, minimum ₹100 per order; F&O: ₹50 per order. | NRI product eligibility governs access.Source 16 |
| UPI Mandate balance | 1% of order value. | Separate from ordinary deposited-balance brokerage.Source 16 |
| Auto square-off | ₹50 per position, plus GST. | For broker-forced intraday closure.Source 16 |
| Intraday-to-MTF conversion | Charged as a fresh buy. | MTF brokerage is 0.1% of order value.Source 16 |
Pricing & charges08
Ordinary equity statutory charges
| Levy | Published basis |
|---|---|
| STT | Delivery: 0.1% on buying and selling; intraday: 0.025% on selling.Source 17 |
| Stamp duty | Delivery: 0.015% on purchases; intraday: 0.003% on purchases. Futures: 0.002%; options: 0.003%, on purchases.Source 18 |
| Exchange and regulatory | NSE transaction charge 0.00297%, plus 0.0001% investor-protection contribution; SEBI 0.0001%. BSE rates depend on the security group.Source 16 |
| GST | 18% on specified service charges; not a further tax on every levy.Source 16 |
Pricing & charges09
Derivative levies
| Contract | Material sale and exchange charges |
|---|---|
| Equity futures | STT 0.05% on sales; NSE transaction charge 0.00173%, plus investor-protection contribution 0.0001%.Source 15 |
| Equity options | STT 0.15% of sale premium; NSE transaction charge 0.03503% of premium plus investor-protection contribution 0.0005%.Source 15 |
| Commodity contracts | CTT: 0.01% for taxable futures sales and 0.05% of option sale premium; MCX transaction rates: 0.0021% futures and 0.0418% options premium.Source 15 |
Pricing & charges10
Demat and miscellaneous fees
| Service | Charge |
|---|---|
| Stock debit | CDSL component: ₹3.50 male or ₹3.25 female; Groww component: ₹16.50 per debit, waived where debit value is below ₹100. GST is additional.Source 14 |
| Pledge or unpledge | ₹20 plus GST per ISIN per request. An ISIN identifies the security; quantities within one request are not the fee unit.Source 19 |
| DDPI and paper servicing | Depository-instruction authorisation: ₹100 plus GST. Physical statements: ₹10/page; courier extra where applicable.Source 16 |
Pricing & charges11
Borrowing for delivery shares
| Component | Published MTF terms |
|---|---|
| Initial contribution | The product page advertises up to four times exposure on eligible stocks. Actual security-level margin and approval determine the financed amount.Source 20 |
| Brokerage and funding cost | Brokerage: 0.1% per order, without the ordinary ₹20 cap. Interest: 14.95% annually on the funded amount.Source 20 |
| Accounting | The MTF agreement calculates financing from end-of-day funded balances and posts interest monthly or on exit, whichever is earlier; unpaid interest can be capitalised.Source 21 |
| Pledge confirmation | The product FAQ requires same-day confirmation between 16:00 and 20:00 IST. Otherwise full funding for delivery conversion is needed or the position can be closed.Source 20 |
Pricing & charges12
Collateral and debit interest
| Situation | Cost and operational effect |
|---|---|
| Pledged shares | Margin reflects the lower of previous close and last price, reduced by the haircut. Falling prices reduce the credit available; open obligations can prevent unpledging.Source 19 |
| Cash shortage | The tariff lists 0.045% daily on cash-collateral shortfall. Pledging shares does not remove the cash component of derivatives margin.Source 15 |
| Negative balance | Delay charge: 0.05% daily, listed inclusive of GST, with monthly compounding. Check the ledger before adding tax again.Source 16 |
Pricing & charges13
Alpaca-route US charges
| Component | Published charge |
|---|---|
| Account and brokerage | Opening and maintenance: USD 0. Brokerage: greater of 0.1% and USD 1 per executed order, plus 18% GST on brokerage.Source 34 |
| Printed US-levy schedule | SEC 0.00206% of sales; CAT US$0.000003/share each side. Groww also prints FINRA US$0.000195/sold share, maximum US$9.79, but that is not the current Q4 member-level assessment.Source 34Source 41Source 42 |
| Rounding and FX | Exact fractional quantities are used; each fee type is aggregated daily per account and rounded up to a cent. Groww adds no conversion charge; the bank’s FX rate and charges still apply.Source 34 |
FINRA has paused its member-level Trading Activity Fee for transactions from 1 October through 31 December 2026. Groww’s page still prints the normal per-share rate, so a customer debit described as that fee needs reconciliation against the trade confirmation and contractual charging basis. The pause does not establish that every other broker administration charge is waived. Separately, the SEC Section 31 assessment is US$20.60 per US$1 million of covered sales from 4 April 2026, equivalent to the printed 0.00206%.[41][42][34]
Execution & trading rules
Sections ↑Protections & eligibility14
MTF liquidation tests
| Test | Consequence |
|---|---|
| Account-wide loss | Erosion of 80% of available margin across products can trigger immediate closure of open positions, including MTF but excluding ordinary equity delivery.Source 22 |
| MTF collateral coverage | Post-haircut MTF collateral divided by the negative MTF loan ledger is measured separately. Ordinary ledger balances are excluded. Coverage at or below 85% triggers a call, currently due by T+1 end-of-day.Source 22 |
| Unresolved call | The policy permits subsequent liquidation sufficient to restore coverage to at least 100%. Security eligibility changes can also require funding or sale.Source 22 |
At a glance15
Contract and order constraints
| Item | Rule or implication |
|---|---|
| Lot and tick | Derivative quantities must match the contract lot and prices the valid tick increment. Expired contracts, unsupported prices and insufficient funds can reject an order.Source 23 |
| After-market instructions | The help page states a limit of 100 after-market orders daily. Sufficient funds must remain available when the order reaches the market.Source 23 |
| Physical stock settlement | Stock futures and in-the-money stock options held through expiry can require full share delivery or receipt. Margins increase toward expiry and positions may be closed for shortfalls.Source 24 |
| Requesting delivery | Groww instructs clients seeking physical settlement to apply and provide the required cash or shares one trading day before expiry. Index options remain cash settled.Source 25 |
Trading & service hours16
Published market schedule from 3 August 2026 — IST
| Market or order | Timing |
|---|---|
| F&O-enabled cash stocks and MTF | Continuous session 09:15–15:15, followed by the new closing-auction process.Source 26 |
| Other cash stocks | Continuous session remains 09:15–15:30.Source 26 |
| Equity intraday auto exit | 15:05 for F&O-enabled stocks; 15:20 for other stocks.Source 26 |
| Equity derivatives | The normal stock/index futures and options session extends to 15:40. This is not permission to retain every intraday product until that time.Source 26 |
Platforms & products17
App controls for active traders
| Control | Scope and limit |
|---|---|
| Stop-loss/target and trailing stop | Order-level stop and target controls are available; one-cancels-the-other links alternative exits. A trigger still requires executable market liquidity.Source 27 |
| Safe Exit and Protect Profit | Portfolio F&O controls seek to exit positions and cancel related open orders at the selected loss or profit trigger. Safe Exit’s trigger is valid for that day.Source 27 |
| Lock and Pause | Lock prevents further F&O/commodity trading until 23:59 and cannot be reversed that day. Pause is reversible after positions and pending orders are cleared.Source 27 |
Deposits, withdrawals & transfers
Sections ↑At a glance18
Paying into Groww
| Route | Published treatment |
|---|---|
| Verified bank transfer | UPI, net banking, IMPS and RTGS are listed as immediate-credit routes; NEFT can take up to an hour. These are service estimates.Source 28 |
| Excluded methods | Cards and wallets cannot fund the trading balance; use a verified bank account.Source 29 |
| Trading versus withdrawal balance | Sale proceeds may become usable for trading within 30 minutes, while withdrawal availability follows settlement. Same-day deposits cannot be treated as immediately withdrawable funds.Source 30 |
Trading & service hours19
Withdrawal timing — IST
| Balance or request | Availability |
|---|---|
| Settled stock proceeds | The help page places withdrawal availability after 10:00 on T+1, the next settlement business day. Holidays can extend the elapsed time.Source 30 |
| Qualifying instant request | Amounts below ₹200,000 can be instant during 09:30–18:00. The page does not settle the exact ₹200,000 boundary.Source 31 |
| Other requests | The stated fallback is up to 24 hours or one business day. Bank processing and eligible withdrawable balance still control actual receipt.Source 31 |
Protection & regulation
Sections ↑Protections & eligibility20
US ownership, tax and disputes
| Issue | Practical consequence |
|---|---|
| Holding and reporting | Alpaca maintains the client account and custody; nominee/depository holding is permitted. Groww’s disclosure describes FIFO cost tracking and downloadable holdings and tax reports.Source 36 |
| Custody protection | Groww discloses SIPC protection for the Alpaca account. Standard protection covers eligible missing securities/cash up to USD 500,000, including USD 250,000 cash, at a failing member; market losses are excluded.Source 36Source 37 |
| Cross-border obligations | Foreign dividends, capital gains, remittance tax collection, currency effects and potential estate-tax exposure need separate consideration. Domestic equity tax assumptions do not automatically apply.Source 36 |
| Applicable remedies | The US terms exclude domestic exchange redress and SEBI SCORES/ODR for this service. Groww IFSC has its own complaint officer and appellate process.Source 3 |
| Escalation timing | The IFSC complaint policy provides acknowledgement within three working days, generally 15 days for resolution, and an appeal route. An unresolved appeal can be escalated to IFSCA within its stated deadline.Source 38 |
Protections & eligibility21
Registration and investor redress
| Layer | Scope |
|---|---|
| SEBI register | The named equity-broker entry identifies Groww Invest Tech Private Limited, INZ000301838, with perpetual validity.Source 4 |
| NSE default fund | Eligible admitted claims can receive up to ₹35 lakh per investor per defaulted/expelled member when assets are insufficient; the enhanced limit applies to declarations after 13 August 2024.Source 39 |
| Customer support | The support page lists +91 9108800000 and 24/7 service. Escalation officers have narrower Monday–Friday 09:00–17:00 IST contact hours.Source 40 |
| Unresolved domestic dispute | Escalate through customer care and compliance, retaining the case reference. The official contact page links SCORES, SMART ODR and relevant exchange/depository routes.Source 40 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Groww Invest Tech Private Limited
IndiaSource 4
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Securities and Exchange Board of IndiaINZ000301838 | Registered | Checked 10 Oct 2026Source 4 |
Groww IFSC Private Limited
IndiaSource 3
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| International Financial Services Centres AuthorityIFSC/BD/2022-23/0009 | Not verified | Checked 10 Oct 2026Source 34 |
| International Financial Services Centres AuthorityIFSCA/GAP/BD/2026-27/013 | Not verified | Checked 10 Oct 2026Source 34 |
Sources & further reading
- Groww - Online Demat, Trading and Direct Mutual Fund Investment in India Groww · Accessed 10 Oct 2026
- Open NRI Demat Account Online in India with Groww Groww · Accessed 10 Oct 2026
- Groww IFSC: Terms of Use Groww · Accessed 10 Oct 2026
- SEBI equity stock-broker register: Groww Invest Tech Private Limited SEBI · Accessed 10 Oct 2026
- Open Demat Account - Free Demat Account Opening Online Groww · Accessed 10 Oct 2026
- How can I trade in the currency segment at Groww? | Groww Groww · Accessed 10 Oct 2026
- Open Minor Demat Account Online in India with Groww Groww · Accessed 10 Oct 2026
- Open Free HUF Demat Account Online with Groww – 100% Digital Onboarding Groww · Accessed 10 Oct 2026
- How to Convert a Resident Demat Account to an NRI Demat Account on Groww Groww · Accessed 10 Oct 2026
- I am an NRI, and my NRI KYC is verified. Can I invest through Groww? | Groww Groww · Accessed 10 Oct 2026
- Brokerage Charges & Pricing | Groww Groww · Accessed 10 Oct 2026
- Invest in Bonds Online - Secure & Smart Bond Investment - Groww Groww · Accessed 10 Oct 2026
- Start Commodity Trading on Groww | Buy & Sell Commodities Online Groww · Accessed 10 Oct 2026
- How much does Groww charge for stocks? | Groww Groww · Accessed 10 Oct 2026
- Brokerage Charges & Pricing | Groww Groww · Accessed 10 Oct 2026
- Brokerage Charges & Pricing | Groww Groww · Accessed 10 Oct 2026
- What is STT? | Groww Groww · Accessed 10 Oct 2026
- What is stamp duty on Stocks and F&O purchases? | Groww Groww · Accessed 10 Oct 2026
- New Feature Alert: Pledging on Groww Groww · Accessed 10 Oct 2026
- MTF (Margin Trading Facility) - Pay Later at 14.95% Interest & Upto 4x Buying Power Groww · Accessed 10 Oct 2026
- Groww Margin Trading Facility: Terms, Rights and Obligations Groww · Accessed 10 Oct 2026
- Risk Policy Groww · Accessed 10 Oct 2026
- Why did my F&O order fail? | Groww Groww · Accessed 10 Oct 2026
- What is Groww’s Policy on physical settlement? | Groww Groww · Accessed 10 Oct 2026
- How should I apply for physical settlement? | Groww Groww · Accessed 10 Oct 2026
- Closing Auction Session (CAS): Meaning, Timings, Process Groww · Accessed 10 Oct 2026
- F&O Risk Management on Groww: Take Greater Control of Your F&O Trades Groww · Accessed 10 Oct 2026
- How do I add or transfer money to my Groww Balance? | Groww Groww · Accessed 10 Oct 2026
- Can I add money using my debit card, credit card, or wallet? | Groww Groww · Accessed 10 Oct 2026
- I'm not able to withdraw the money I added to my Groww Balance. Why? | Groww Groww · Accessed 10 Oct 2026
- How do I withdraw money from my Groww account? | Groww Groww · Accessed 10 Oct 2026
- 915 by Groww - Advanced Trading Terminal with Live Charts, Straddle Charts & Customisability | 915 by Groww Groww · Accessed 10 Oct 2026
- Smart Orders - Groww API Groww · Accessed 10 Oct 2026
- Brokerage Charges & Pricing | Groww Groww · Accessed 15 Oct 2026
- Groww IFSC: Permitted Product Disclosure Groww · Accessed 10 Oct 2026
- Groww IFSC: Mandatory Disclosure Groww · Accessed 10 Oct 2026
- What SIPC Protects SIPC · Accessed 10 Oct 2026
- Groww IFSC: Complaint Handling and Grievance Redressal Policy Groww · Accessed 10 Oct 2026
- Investor Protection Fund Trust NSE · Accessed 10 Oct 2026
- How to contact Groww customer care? | Groww Groww · Accessed 10 Oct 2026
- Immediately effective FINRA TAF pause for October–December 2026 FINRA · Accessed 15 Oct 2026
- Section 31 rate from 4 April 2026 US Securities and Exchange Commission · Accessed 15 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.