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

Brokerage and a lot of other charges must be paid and hence, we recommend you to stay well read about the same.

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Groww Brokerage Charges

Profit is earned after lot of deductions and knowing about the deduction will help you fetch a good amount of profit, or at least keeps you out of the loss. The Groww Brokerage Charges are the prime consideration of investors to check, but that is not all.

There are a lot of other charges which go into a transaction undertaken by the trader or the investor. There are certain taxes and government changes included to 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, the commodity trading is not available with the company yet.

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

Brokerage Charges
Equity DeliveryRs 20 per executed order or 0.05% whichever is lower
Equity IntradayRs 20 per executed order or 0.05% whichever is lower
Equity FuturesNA
Equity OptionsNA
Currency FuturesNA
Currency OptionsNA
CommodityNA
Flat Monthly Fees, if anyNA

As you can see in the table provided above, Groww provides almost all kind 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 Groww brokerage charge of Rs.20 per order.

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


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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 Money75% Margin

    The first charge you need to check out is the account opening charge for the demat and also the trading account.

    The account opening charge is of 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 off 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 Grow 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 75% Margin requirement. CDSL is the depository participant of Groww, and it does not provide dematerialization option.


    Find Account Opening Charges of other Stock Brokers


    Groww Transaction Charges

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

    Transaction Charges
    Equity DeliveryNSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
    Equity IntradayNSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
    Equity FuturesNA
    Equity OptionsNA
    Currency FuturesNA
    Currency OptionsNA
    CommodityNA

    Transaction fee, though a minimal fee but is definitely levied. You can see the table, which features all the segments of investment provided by the company. The transaction charge which is levied on each and every transaction, is given on the adjacent side. 0.00325% of Total Turnover of charge is levied, irrespective of the segemnt.


    Find Transaction Charges of Other Brokers


    Groww Other Charges

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

    SegmentsOther Charges
    SEBI Turnover Charges0.00005% (₹5/Crore)
    STTEquity 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)
    GST18% on (Brokerage + Transaction Charge + SEBI Fee)
    Margin Funding Charges75% Margin
    Reactivation ChargesRs 20 per instruction
    Account Closure ChargesRs 25 per instruction
    Dematerialisation ChargesRs 150 per certificate + courier charges
    Pledge CreationRs 20 + Rs 12 per request (CDSL Charges))
    Pledge InvocationRs 20
    Margin Pledge/Unpledge/ Pledge closureRs 20 + Rs 12 per request (CDSL Charges))
    Margin RepledgeRs 20

    These charges comprise of the Transactional charges, i.e. 0.00325% of Total Turnover. Rest of the charges are accounted for and paid to the government.

    These charges comprise of SEBI Turnover charges, STT, Stamp Duty, GST, Margin Funding Charges, and other account related charges. Refer to the table to check out the respective charges.


    Groww Brokerage Charges Explained

    There is a fair change you have no idea about the charges which you will pay.

    To make sense of the charges and be clear about the necessities of paying the charges, we provide you this section which explains all the other Groww Charges / Govt Charges.

    • Transaction Charges – These charges are taken on every trade that you commence, and are deducted for the purpose of providing a medium to trade in. This charge comprises of 2 components, the exchange turnover and the clearing charges (charges for settling a trade).
    • STT – STT refers to Securities transaction tax, which is the rebound plan of when investors do not claim for the profits.
    • GST – All of us are basically aware of it as it refers to the Goods and Service Tax.
    • SEBI Turnover Fee – Consider it as sales and purchase transaction fee, and comprises of the entire amount of the transaction, referred to as the Turnover.

    Groww Brokerage – Conclusion

    You must always commute the charge from your profit expectancy and then place your order. This article was entirely focused to teach you all the figures associated with it Grow expenses.

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


    Groww Brokerage Charges FAQ

    Ques – Does Groww Charge Brokerage?

    Answer – Yes, just like any other stock broker, Groww as well charges brokerage from its clients. Also, the company has provided a certain degree of relaxation for its client, especially the ones who choose to trade in Equity Delivery. This particular segment is free of charge, which is the most opted segment by traders.

    Ques – What is Groww Brokerage Charges?

    Answer – For providing the service of executing your trade order, or any other assistance, Groww charges brokerage. Since this company is a discount broker, you are not expected to pay heavy amounts in brokerage. Equity delivery is Rs 20 per order of charge, whereas all the remaining segments have NA Per Order as brokerage.

    Ques – What is Intraday Brokerage of Groww?

    Answer – This stock broker 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.

    Ques – What other Charges levied by Groww?

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

    Ques – Is Groww a discount broker?

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

    Ques – Does Groww have Free Delivery?

    Answer – Among all the perks that this stock broker provides, free delivery is the most significant one. It is highly appreciable of this stock broker to facilitate free delivery, as it is the priority of investors, where majority of investors perform equity delivery trading.

    Ques – How much Groww Charge for Options?

    Answer – Plans of investing in options are generally inclined toward equity options or currency options. It does not matter which instrument you choose to invest in, as this broker charges a flat rate for all the segments. You will only be charged NA per order for any kind of trade orders you make.

    Ques – What are Groww Transaction Charges?

    Answer – Taking a transaction charge is common for every stock broker, and it is levied on each and every order. For this stock broker specifically, the transaction charge is 0.00325% of Total Turnover for each and every segment, individually. This amounts to a pretty small amount of charge at the end.

    Ques – What is the Demat AMC in Groww?

    Answer – AMC denotes Account Maintenance Charge and the frequency in which it occurs is – once every year. The demat AMC for this stock broker is Rs.0, which is paid for the purpose of maintaining and safekeeping the account. This amount is not much of an expense as it has to be paid once every year.

    Ques – Is Groww Brokerage Free?

    Answer – This is true up to a certain degree, as the stock broker has not entirely waived off the brokerage fee. This relaxation is provided only for a particular segment, i.e. the Equity Delivery. This segment is brokerage free and anyone who trades in this will not be required to pay a brokerage fee separately.


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