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Groww Demat Account: Charges, AMC & Review
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Groww demat account
Groww offers a 2-in-1 account (trading + demat). Your shares are held by the depository (CDSL / NSDL), not by the broker, so the broker has no ownership over your holdings.
| Charge | Amount |
|---|---|
| Demat account opening | ₹0 (Free) |
| Demat account AMC | ₹0 (Free) |
| DP charges (per ISIN, sell) | Depository ₹3.50 (Male) / ₹3.25 (Female) + Groww ₹16.50 per debit transaction (₹0 for debit value below ₹100) |
BO ID & DP ID explained
Your BO ID (Beneficial Owner ID) is your 16-digit demat account number: the first 8 digits are the broker's DP ID (same for every customer of the broker), and the last 8 digits are your unique client ID. You will find it in your demat statement or the profile section of the app.
How to generate a TPIN
The CDSL/NSDL TPIN authorises sell trades and pledging. Generate it from the app profile → generate/reset TPIN; the depository sends the TPIN to your registered email and mobile, which you then use to authorise sell orders.
More about Groww
Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.