Looking for Digital Investment platforms? Here is Groww App that offers investments in zero-commission (Direct) Mutual Funds, without paperwork and within minutes. This application was founded in 2016. And it is India’s most trusted platform and highly rated in the Google play store.
Groww App is an India-based online investment platform and its headquarters is in Bangalore, India. Also, there are 5000 mutual funds were available on this platform. To get dept. and detailed information read this article carefully.
How to Download Groww App?
As this application is available on the Google Play store so you can simply download it from there. After download, this application hit the Join Now button and enter all the required details and documents.
Once your account is verified by the authorization of the Groww app Then you are all set to use this stock market application. Remember your email id and password for next time login.
Is The Groww App Safe?
Before investing in any platform, it is important to know whether the platform where we are investing our money is safe or not. But Groww App is completely safe in terms of investment. It is registered by SEBI and has more than 10 million users.
How To Create An Account On Groww App?
To register on Grow App you just have to follow the instructions given below.
- Step 1: First of all, you have to download the Groww app, then install it and then open it.
- Step 2: At the top you will see three options: First Login, Second Sign up and Third Continue With Google.
- If you have an account first, you can login by clicking on Login. If you don’t already have an account, click on Sign Up.
- Step 3: Now you will be asked to create E-mail address and Password, you have to enter your E-mail and Password, after that once again click on Sign up.
- Step 4: Now you will be asked to verify the mobile number, you have to enter your mobile number and click on Verify, now an OTP will come on your mobile, verify it by entering the OTP.
- Step 5: Now you will be asked to verify your PAN card number, you have to enter your PAN card number and click on Next.
- Step 6: Now you have to put your name, (enter the same name as in the pen card), Date of Birth, Gander, Nominee’s name, relationship with Nominee and click on Next.
- Step 7: Now you will be asked the name of your mother and father and whether you are single or married, after filling all this click on Next.
- Step 8: After that you will be asked to enter IFSC Code of your bank. After entering, click on search.
- Step 9: Now you will be asked to enter your bank account number, you have to enter your bank account number twice and click on Next.
- Step 10: Now you have to upload your passport size photo, after uploading the photo, you have to upload the video of your face for 5 seconds.
- Step 11: Now you will be asked to upload the photo of your Pan card, you have to upload the photo of your Pan card from the gallery or by taking a photo from the Camera .
- Step 12: Now four options will appear for your Address Verification –
- Driving License,
- Adhaar Card,
- Voter ID Select any one of these options and upload its photo as well.
- Step 13: You will have to fill the form related to the document you have selected, the same will be your address proof, after that click on Continue.
- Step 14: Now a form will open in front of you, in which you will be shown whether the form you have filled is right or wrong, once you cross check if something is wrong, then correct it by clicking on it and then click on I Agree.
- Step 15: After that you will be asked to sign your signature, you have to put your signature on the screen of the mobile, after that click on Save.
- After that a message of congratulations will be shown on your screen, it means that your regitsration has been successful in Groww app, now you can go to the dashboard of the app by clicking on Start Investing.
- Now you can invest in any mutual fund of any company and can take SIP of any mutual fund.
How Groww App Differ from Other Platforms?
First of all, this application comes with many advanced features that allow investors to invest across multiple asset classes like Stocks, Mutual Funds, Derivatives, Gold, US Stocks, Fixed Deposits, etc. This application is free to download and use for all its customers. This platform provides a high level of encryption standards.
Also, You can invest from a minimum 100Rs that too at very low or Zero commission and can access your portfolio on your mobile, the computer no matter if you have an android or IOS smartphone with real-time synchronization but the latest market trends.
How To Use Groww App?
After knowing about the Groww app, now the question comes how to use the Groww app? For this, first of all, you have to create your Demate Account in Grow App. Because a normal bank account does not work to invest money in the stock market or stock market, a separate account has to be opened which is called Demate Account.
In Groww App, you will not be charged any fee for opening Demate Account, it can be opened with Zero Investment. Fees have to be paid to open Demate Account on other Share Market Investing Platform which is 100% free on Groww App. All the money you will invest or earn is managed from this Demat account itself
What Can Be Buy in Groww App?
- Stocks- Zero Account Charges
- Mutual Funds- 0% Commission
- US Stocks- Free account opening
- Futures & Options- Free account opening
- Gold- Purity
- Fixed Deposit – 6.7% Interest Rate
Key Features Of Groww App
- Simple and Easy User-Friendly Interface.
- Fast Account Opening Without any Paper work.
- Place order on one-click.
- Quick and fast support system on application.
- Secured and Safe application with trusted certificate.
- All listed companies are Indians.
- All the Required Information listed on Application.
- Does not required separate login for mutual fund investment.
- Fully Secured Trading with high encryption techniques.
- Provides chat facilities with customer helpdesk.
- Real Time Price Updates.
- Candlestick charts to show price movements and historical performance.
- Latest news and insights, resources, blogs, videos, and content related to financial markets.
Groww App Customer Care Number
To solve your queries list Groww App has in-built Help and Support section. Here you can choose your query from the given list if your question is not mentioned in the given list then you can raise a ticket for the same. Also, you can call on the customer Helpline or drop an email to them or start a live chat with the customer support team.
- Groww app customer care number: 91-9108800604
- Groww Email ID: [email protected]
How Much Groww App Charges?
As we know this application is free for customers. It offers free account opening with zero maintenance charges. The mutual fund investment through the Groww app is free with no transaction charges or any hidden charges. But the investor is required to pay brokerage charges, Demat charges, and other regulatory charges like STT, exchange transaction charges, GST, and Stamp Duty, for stocks.
- Equity Delivery: Lower of Rs 20 or 0.05% of trade value
- Equity Intraday: Lower of Rs 20 or 0.05% of trade value
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