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What is Refund to bank?

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As per SEBI guidelines, funds kept in Groww Balance will be refunded to your bank account on the first Friday of every month or every quarter based on the settlement period (30 or 90 days respectively) chosen by you while creating a Groww account.

Alternatively, in case of inactivity in your account for 30 days, funds in your Groww balance will be refunded to your bank account.

This is known as known as refund to bank.

To know more about the same please click on the button below.
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