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Demat Account

Zero maintenance charge, trusted by 30M+ Indians.

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Investing Made Simple - Groww
Why open a Demat with Groww?
Zero maintenance charge
We charge no annual maintenance fees. Pay only when you trade.
Free, Fast, Paperless
Our account opening process is 100% online and free.
How to open a Demat account on Groww
3 easy steps. Get started now!
1
Personal & Bank Details
Submit basic personal details and add a bank account. All your details are 100% secure with us.
2
Paperless Document
Submit your KYC details online. We'll update you after verification is complete .
3
E-Sign
Review and sign your account opening form online, in minutes.
OPEN DEMAT ACCOUNT

Frequenty Asked Questions

What is a demat account?

Demat stands for dematerialised. It helps to store shares in electronic form.

Why is demat account necessary?

It is manadatory according to Indian stock market regulations to open a demat account before investing in shares or participating in IPOs

What are the documents required on Groww?

The documents required on Groww are PAN Card and one of the following:

  • Valid Passport.
  • Aadhaar Card.
  • Voter ID Card.
  • Driving License.

Does Groww charge for opening a demat account?

Account opening = Rs 0
Annual maintenance charge (AMC) = Rs 0
Brokerage = Rs 20 or 0.05% per order (whichever is lower)
Regulatory & statutory charges, penalties, and GST is extra and depends on the type of order. You can use the brokerage calculator to get an estimate of all the charges involved. Also, you can know all about our charges by reading our pricing section in detail. Click on the button below to go to the brokerage calculator or pricing page.

Go to Pricing

How much time does it take to open a demat account on Groww?

If you are opting for online KYC, it takes less than 24 hours for your demat account to become active.

Am I elgible to open a demat account on Groww?

You can open a demat account for yourself once you turn 18 years old.

Is a demat account necessary for applying for an IPO?

Yes. Demat account is required for all kinds of stock market transactions.

Do I need a demat account for SIP?

A demat account is mandatory only for stock market transactions, not for mutual fund investments (including SIP).

When will the stocks be delivered to my demat account?

The stocks will be delivered at the end of the 2nd day after the transaction (T+2 day). This does not include days when the market is closed.


Note: the stocks will be delivered to your demat as long as you do not sell them before they are delivered.

Where can I see my DP ID, demat details, and other such details?

These details are available under the Personal Details.

  • Select 'Personal Details'
  • On the app, go to 'You'
You will be able to see all details here.
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