Groww app is a proprietary trading platform owned by Groww. Groww is a safe and secured app with a simple, clean, and beautifully designed interface that allows investors to invest in stocks and mutual funds. Groww is an evolving app with many advanced features and products lined up to be added to the app in a phased manner. With the changing digital era, Groww aims to be an all-in-one online investment platform that can allow investors to invest across multiple asset classes like Stocks, Mutual Funds, Derivatives, Gold, US Stocks, Fixed Deposits, etc. at fingertips.
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Frequently Asked Questions About Groww Apk
1. How is the Groww app?
Groww is one of the fastest-growing investment platforms in India. The company is working to upgrade the web and Groww app with new features and products to make it an all-in-platform that meets customer needs.
Groww app is simple and easy to use app with a clean user interface. It is one of the highly-rated apps in Play store and App Store with a rating of over 4.5. Currently, the company allows Stocks and mutual fund investments via the Groww app. It is a safe and secure app with a high level of encryption standards
2. How do I install the Groww app?
The Groww app is available for download in the Google Play Store and App Store for Android and iOS smartphone users.
To install the Groww app,
- Go to the PlayStore/ Appstore.
- Type Groww.
- Look for Stocks, Demat, Mutual Fund, SIP- Groww app.
- Click on Install to download the app.
3. How to use the Groww app?
The Groww app supports Android and iOS devices and can be used on Android smartphones and iPhones.
To use the Groww app, download the Groww app from the Play Store or App store as desired and log in using the credentials setup while opening the account with Groww.
You can use the Groww app to invest in Stocks and mutual funds.
4. Is Groww app safe?
Groww is a safe and secured app with SSL (Secure Sockets Layer) certification and 128-bit encryption. This level of encryption protects the customer data and makes online transactions secure. Grow has received an ISO 27001:2013 certification for its app.
Groww is also a SEBI registered broker and is a member of NSE, BSE. The company is an AMFI registered mutual fund distributor. With being associated with these institutions, the operations of Groww get scrutinized regularly, hence protecting investors' money and information. SEBI, NSE and BSE regularly audit Groww to ensure they are following the laws.
5. Is Groww app free?
Yes, the Groww app is free. Groww does not levy any charges for the usage of its trading platform - Groww app or Groww web.
Groww offers free account opening with zero maintenance charges. The company also allows brokerage-free mutual fund investments.
Groww charges Rs 20 per order as the brokerage for Equity and F&O trading. Apart from the brokerage, an investor is required to pay Demat charges and other regulatory charges like STT, stamp duty, exchange transaction charges, etc.
6. How to register in Groww app?
To register in the Groww app, download the Groww App from Play Store or App Store and provide an email id for registration or sign up with Google.
Once the registration gets completed, enter your mobile no. and provide OTP for verification. You can then enter the required details as per instructions and upload the documents to open an account with Groww.
7. How to open mutual fund account in Groww app?
Groww app offers instant and paperless mutual fund account opening. Groww app mutual fund investments are free of cost with no hidden charges.
Steps to open a Mutual fund account on the Groww App:
- Download the Groww App.
- Sign up with an email ID and mobile number.
- Enter the PAN Card details.
- Provide Personal Details like gender, marital status, and residence status.
- Enter KYC details like occupation, income, and names of parents.
- Enter the Bank details.
- Upload your documents.
- Perform e-signature.
- Your mutual fund account gets activated once the broker completes the verification of details at their end.
Important
Join me and 2.1 Cr Indians on Groww to invest in Stocks and Direct Mutual Funds.
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