When you place an order on Groww, the amount is held in your Groww Balance under 'Used Balance' as part of the standard process.
- Amount on Hold: The total order amount, along with estimated transaction charges, is held in your 'Used Balance.'
- Purpose of the Hold: This ensures you have sufficient funds to cover the order and any charges if it is executed.
What Happens Next?
- If Executed: The exact order amount, including charges, is deducted from your balance at the end of the trading day.
- If Not Executed: The held amount is released back to your available balance.
You can check your available and used balance by clicking on the 'GROWW BALANCE' button.