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Keeping the charges accounted for is essential. It is mainly the Groww Brokerage Charges, which you need to account for to ensure each and every deal is a profitable one, even after the deduction of the Groww Charges.

Brokerage and a lot of other charges must be paid, and hence, we recommend you stay well-read about the same.Demat Account - New Campaign Image

Groww Brokerage Charges

Brokerage Charges
Equity Delivery Trading Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Trading Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Trading Rs 20 per executed order
Equity Options Trading Rs 20 per executed order
Currency Futures Trading NA
Currency Options Trading NA
Commodity Trading NA

Profit is earned after many deductions, and knowing about the deduction will help you fetch a good amount of profit or at least keep you out of the loss.

The Groww Brokerage Charges are the prime consideration of investors to check, but that is not all.

Many other charges go into a transaction undertaken by the trader or the investor. There are certain taxes and government changes included in the list as well, and we will study them all.

Having everything sorted will let you make an investment strategy and also let you excel in the domain of investment you are undertaking.

In this article, you will learn about the charges in total, starting right from the brokerage. Well, commodity trading is not available with the company yet.

However, the equity delivery option is, not subject to any kind of brokerage charge. Hence, investing in equity delivery is free of brokerage charge.

As you can see in the table provided above, Groww provides almost all kinds of assets, excluding the commodity class.

According to the plan launched by the company, Intraday, Futures, Options, Currency Options, and Currency Futures are all subject to a Groww brokerage charge of Rs.20 per order.

On the other hand, equity delivery is free of any kind of brokerage charges. Also, the company provides a leverage of up to 6x.

Want to know more about Groww and its operations, check out the Groww Review section.

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    Groww Account Opening Charges

    Take a quick look at the table to learn about the Account related charges.

    Account Opening Charges
    Trading Charges [One Time] Rs 0
    Trading AMC [Yearly] Rs 0
    Demat Charges [One Time] Rs 0
    Demat AMC [Yearly] Rs 0
    Margin Money Not required

    Take a quick look at the table to learn about the Account related charges.

    The first charge you need to check out is the Opening Account charge for the Demat account and also the trading account.

    The opening account charge is one-time in nature, and hence, you are required to make a single payment there. Well, the good news associated here is that the company has waived all the opening charges.

    Furthermore, you can see that you have a yearly payment obligation, referred to as AMC or account maintenance charge.

    This charge has to be paid once every year for account keeping. The Groww Demat AMC is set at Rs.0 per annum; however, the trading account AMC is again waived off.

    The charges are minimal, and another perk associated is the no-margin requirement. CDSL is the depository participant of Groww, and it does not provide a dematerialization option.

    Also, check out Groww Brokerage Calculator to calculate and compare brokerage charges in detail.

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    Groww Transaction Charges

    Refer to the table provided below and earn about the respective charges.

    Transaction Charges
    Equity Delivery NSE: 0.00345%
    BSE: 0.00345%
    Equity Intraday NSE: 0.00345%
    BSE: 0.00345%
    Equity Futures NSE: 0.002%
    Equity Option NSE: 0.053% (on premium)
    Currency Futures NA
    Currency Option NA
    Commodity Futures NA
    Commodity Option NA

    The broker might not have disclosed this before, but charges at Groww also come with added transaction fees. However, the fee doesn’t exist in Currency and Commodity instruments.

    But if you are investing in Equity Delivery orders, you are eligible to pay 0.00345% charges on both BSE and NSE, respectively. Similar charges exist on Equity Intraday.

    Transactions related to Equity futures can expect relief as the charge rate is a mere 0.002%. However, Equity options have the highest transaction fee involved, charged at the rate of 0.053% (on premium).

    Thus, you can now determine which asset is going to be an affordable deal for you from the charges’ perspectives.

    Groww Other Charges

    This table, on the other hand, provides the other Groww Charges information.

    Segments Other Charges
    Reactivation Charges Rs 20 per instruction
    Account Closure Charges Rs 25 per instruction
    Dematerialisation Charges Rs 150 per certificate + courier charges
    Pledge Creation Rs 20 + Rs 12 per request (CDSL Charges))
    Pledge Invocation Rs 20
    Margin Pledge/Unpledge/ Pledge closure Rs 20 + Rs 12 per request (CDSL Charges))
    Margin Repledge Rs 20
    DP Charges Equity Delivery: 13.5 per company
    Equity Intraday: Rs 0
    *Equity Futures: Rs 0
    Equity Options: Rs 0
    Penalties Charges
    Auto Square off Charges Rs 50 per position
    Auction As per the actual penalty by exchange
    Physical Delivery of Derivatives 0.05% of the contract value
    BSE Exchange Transaction Charge 0.00345% for all groups except R, SS, ST, ZP (1.0%) X, XT, Z (0.1%) IF, IT, M, MS, MT, TS (0.00275%)
    USD-INR Exchange Rate As Applicable by your Bank
    Bank Charges on Adding Dollars As Applicable by your Bank
    Withdrawal Charges $0 for the first withdrawal
    After that, $9/withdrawl
    Exchange Fee $0.02 per sell transaction, charged by the exchange

    The list of charges doesn’t end here. As you can see in the table above, all these charges are referred to as Other charges because you are eligible to pay them in a specific condition for trading.

    Such as Account Reactivation Charges paid at Rs 20 per instruction. Similarly, Account Closure Charges are paid at the rate of Rs 25 per instruction. Penalties are some additional charges that often arrive with a good amount of frustration.

    These charges are often driven by your own mistake. For instance, Auto Square Off charges Rs 50 need to be paid when you forget to close your position by the end of intraday.

    Groww Regulatory & Government Charges

    Segments Charges
    SEBI Turnover Charges 0.0001% (₹10/Crore)
    STT Equity Delivery: 0.1% on both Buy and Sell
    Equity Intraday: 0.025% on the Sell Side
    *Equity Futures: 0.01% on Sell Side
    Equity Options: 0.05% on Sell Side(on Premium)
    Commodity Futures: 0.01% on sell-side (Non-Agri)
    Commodity Options: 0.05% on sell-side
    Currency F&O: No STT
    On Exercise transaction: 0.125%
    Right to entitlement: 0.05% on sell-side
    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)
    GST 18% on (Brokerage + Transaction Charge + SEBI Fee)

    Can’t forget! As usual regulatory and government charges are similar at Groww. Simply put, GST is the most common example of government charges imposed by the Government of India.

    Users need to pay 18% on brokerage, which combines transaction charges and SEBI fees as well.

    SEBI Turnover charges fall into the category of the Regulatory charge. But this fee is relatively lower compared to government taxes.

    Groww users pay 0.0001% per Rs 10 crore values as SEBI Turnover Charge. Similarly, STT and Stamp Duty are some additional government fees whose charges vary depending on the type of asset you are trading.

    Groww Brokerage – Conclusion

    You must always commute the charge from your profit expectancy and then place your order. This article was entirely focused on teaching you all the figures associated with its growth expenses.

    You can see the basic brokerage charges levied on each segment and the other associated charges.

    Groww Brokerage Charges FAQ

    Here is the list of FAQs related to the Groww Brokerage charges:

    Does Groww Charge Brokerage?

    Yes, just like any other stockbroker, Groww also charges brokerage from its clients. Also, the company has provided a certain degree of relaxation for its clients, especially those who choose to trade in Equity Delivery. This particular segment is free of charge, which is the most opted segment by traders.

    What are Groww Brokerage Charges?

    Groww Brokerage is somewhat similar for each asset. Such as, users pay Rs 20 per executed order or 0.05% (whichever is lower). Equity Intraday trading also invites a similar fee. The charge structure stays similar for Equity futures and options as well.

    What is the Intraday Brokerage of Groww?

    This stockbroker is one of the many discount brokers who have taken the stock market industry by storm because of their cheap brokerage plans. Groww levies a fixed charge on all segments, including Intraday. So, if you want to carry on intraday trading, you have to pay Rs.20 per order.

    What Other Charges were levied by Groww?

    There are a lot of charges collectively taken from investors. They include brokerage, account-related charges, petty charges, and also government-related charges. Account-related charges are AMC and account opening. Examples of petty charges are account closing and margin funding. Examples of Govt charges are STT and GST.

    Is Groww a discount broker?

    Yes, Groww belongs to the hub of discount brokers and recently joined the hub in 2016. They do not have an offline presence, and they only operate via online mediums and channels. They also charge low brokerage, which makes them quite cheap.

    Does Groww have Free Delivery?

    No. Delivery orders are subject to some charges. Simply put, users pay Rs 20 per executed order and 0.00345% commission on NSE and BSE-based orders for transaction charges. Other charges and government fees must be noted here.

    How much is the Groww Charge for Options?

    Groww Charges for Options are Rs 20 per executed order. The transaction fee is also levied on NSE-based Equity Options, which is around 0.053% on premium.

    What are Groww Transaction Charges?

    Groww Transaction charges 0.00345% on both Equity Delivery and Intraday Orders. Equity options invite the highest transaction fee of 0.053% and the lowest of 0.002% in Equity Futures.

    What is the Demat AMC in Groww?

    AMC denotes Account Maintenance Charge, and the frequency in which it occurs is – once every year. The Demat AMC for this stockbroker is Rs.0, which is paid to maintain and safekeeping the Account. This amount is not much of an expense as it has to be paid once every year.

    Is Groww Brokerage Free?

    No. Groww brokerage isn’t free. Users need to pay a specific amount as a brokerage while investing in each asset. However, this excludes transaction fees and other charges that are additionally charged.

    What is the charge for buy orders (delivery)?

    Groww Charges 0.00345% commission for buy delivery orders on both NSE and BSE-based instruments.

    How much does Groww charge for trading?

    Suppose you plan to trade equity assets; you will be eligible to pay a 0.00345% brokerage charge. But if you are trading equity options, the charges go up to 0.053% on premium.

    Is Groww free?

    Yes. It is free to open a Demat or Trading Account at Groww. But other activities like buying and selling an asset come at certain charges.

    What are Groww intraday charges?

    Groww Intraday Charges are 0.00345% per executed order for equities. But if you are trading options or futures on an intraday basis, charges vary.

    Does Groww have annual charges?

    Thankfully. Groww doesn’t have Account Maintenance Charges. Users can trade and invest via growth any time in a year, as no AMC exists here.

    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 the trade value, and the maximum brokerage charged is Rs 20.

    What are Groww withdrawal charges?

    Groww Withdrawal Charges Rs 0 for the first withdrawal. After that, Rs 9 may be charged for each withdrawal. So make sure your withdrawals aren’t that frequent.

    What are Groww charges?

    The Groww charges are:

    • Exchange transaction charges for BSE are 0.003% and for NSE are .00325%
    • STT charges are 0.1%
    • Brokerage is 0.05% for every order or 20 INR, whichever is lower.

    Does Groww charge commission?

    Groww charges a commission, i.e., the lowest of 20 INR or .05% for the trade value for Intraday trades and equity delivery and also 20 INR for every executed order for F&O brokerage.

    What are the payment options available at Groww?

    Investors can pay via UPI or Neft to invest in stocks and mutual funds at Groww.

    Is the Groww app a Demat account?

    Groww is one of the famous online discount brokers and offers both Demat and trading accounts to their clients as an important part of their account services.

    Is the Groww app good for mutual funds?

    The Groww app is an excellent solution for investing in mutual funds. The process is easy and allows anyone to invest without any prior experience.

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