Why is money on hold for stocks?

When you place an order, the amount is put on hold in your Groww Balance under 'Used Balance' as part of the standard process. This includes the order value plus an estimated charge of 0.125%, which may vary. This ensures enough funds are available to complete the transaction when the order is executed.

• If the order is executed, the exact amount is debited from your Groww Balance after the settlement at the end of the trading day.
• If the order is not executed, the money will be returned to your available balance.