What are Account Maintenance Charges in Groww?

Last Updated: Mar 28, 2024 Value Broking 1 Mins 2.6K
account maintenance charges in groww

Users who invest in stocks and other securities with Groww do not have to be concerned about paying Annual Maintenance Charges (AMC) for their Demat account since Groww does not charge them. But there are other charges. There are fees connected with trading and investing which includes brokerage fees and government-mandated taxes and levies.  Below are the charges mentioned in the table format. 

Account OpeningRs 0
Annual Maintenance Charge (AMC)Rs 0
BrokerageRs 20 or 0.05% per order (whichever is lower)
Additional ChargesRegulatory & statutory charges, penalties, and GST are extra and depend on the type of order

There are GST, regulatory as well as statutory charges and the charges can be different depending on the order type and those are not included in the table above. Groww provides a brokerage calculator so that you can accurately estimate  the charges.