How to open a trading account in the Groww App? Here is a step-by-step guide to help you create an account in the Groww App in 2023. You will also find information about the documents required and the charges involved.
- Download the Groww App:
- Go to your app store (Google Play Store or Apple App Store).
- Search for “Groww” in the search bar.
- Download and install the app on your smartphone.
- Sign up for an account:
- Open the Groww App on your smartphone.
- Click on the “Sign up” or “Create an account” button.
- Fill in your email address and create a strong password.
- Click on the “Continue” button.
- Complete your profile:
- Enter your PAN (Permanent Account Number) details.
- Fill in your personal information, such as your name, date of birth, and address.
- Verify your mobile number using the OTP (One-Time Password) sent to your registered phone number.
- Upload the required documents, such as your PAN card, bank details, and a photograph.
- Choose your trading account:
- Select the type of trading account you wish to open (such as Demat or Trading Account).
- Provide any relevant additional information requested.
- Submit your application:
- Review all the information you have provided.
- If everything looks correct, click on the “Submit” button to send your application for verification.
- Wait for verification:
- The Groww team will review your application and documents.
- Once verified, you will receive an email or notification confirming the successful opening of your trading account.
- Fund your account:
- Once your account is opened, you can deposit funds into it.
- Link your bank account and transfer funds using the provided banking details.
- Start trading:
- Explore the features and investment options available on the Groww App.
- Start investing in stocks, mutual funds, or other financial instruments through the app.
Remember to carefully read and understand the terms and conditions, as well as any charges or fees associated with using the Groww App.
Please note that the process and requirements may vary, so it’s always best to refer to the official Groww website or contact their customer support for the most up-to-date information.
If you want to earn 100 rupees immediately from Groww App or want to earn money by investing your money in Stock Market, Mutual Fund and Fixed Deposit (FD), then for this you have to create Groww App Account, that is why in today’s article we will discuss about Groww App We are going to give complete step by step information about How to open trading account in Groww App.
The process of creating an account in Groww App, in which complete information from downloading Groww App to creating an account of Groww App, along with complete information about Groww App Account Opening Charges, I will also give complete information about the necessary documents, from which you can easily use Groww App. Account can also be created without risk and can earn money using it.
The first method starts with creating an account, because when you create an account with Groww App, you get Rs 100 immediately. You later earn money by investing your money in Groww. Where you get the facility to invest in ways like Stock Market, Mutual Funds and Fixed Deposits, which are considered to be the best investments of today’s time, in which you get the highest returns and not only that, refer and earn. There is a program where you get 100 – 100 rupees ($1.21 USD) for each referral.
But in this Groww App most of the people face problem in creating Groww App Account, where there is some confusion in the mind of people that they have to pay fee to create Groww App Account. So if you also have this kind of problem with Groww App, then for this read this post completely where you have been given complete information about How to open trading account in Groww App
How to open trading account in Groww App
If you want to create an account in Groww App, then before that you need to have some knowledge about Groww App like what is Groww App, how to download it and what documents are required to create Groww App Account. Let us first know about it.
What is Grow App?
Groww App is an investment app that lets you invest your money in Stock Market, Mutual Funds and Fixed Deposits (FD) and earn good returns. The specialty of this app is that it gives you an opportunity to invest in stock market, mutual fund and fixed deposit scheme through internet from mobile sitting at home, where you can invest through this app and withdraw the invested money. You can do all the work of monitoring your investments from the comfort of your home. Let us now know which documents are required to create an account in Groww App in 2023
Documents required to create Groww App account
If you want to create an account of Groww App, then some documents are required for this, without which you cannot create an account in Groww App, then these are some documents that you must have.
- Address Proof (Aadhar Card- in India)
- Pan card
- Bank account number
- Bank IFSC Code
- ATM Card (Debit Card/Credit Card)
- Your selfie
- Photo of signature
- E mail ID
- Mobile number
- This mobile number should be linked with your Aadhaar card and bank account
- Groww App has to be downloaded in your mobile
If you have all these essential things, then you can easily create an account of Groww App, so let us now know how to download Groww App
How to download Groww app?
The process of downloading Groww App is very easy, for this you just have to download Groww App by clicking on given link. By the way, if you want, you can also download it from Playstore, but you will not get 100 rupees for downloading Groww App from Play Store. After downloading Groww App through referral link, you can create and use an account very easily, so let us now know how to create an account in Groww App i.e., what is the way to register Groww App.
Step 1. Sign up with Email ID
To sign up in Groww App, first of all you have to open Groww App where you will see the option of Continue with Google and below that you will also see the option of Continue with other email. Here you can do Groww App Signup from both of these options, if you have any email id in your mobile phone then you click on continue with google where you will see your email id you have to click on that and you are signed in Will go If there is no email id added in your mobile phone then click on continue with other email, after that you have to enter an email id and password, then you will be signed up in Grow app.
Step 2. Verify Mobile Number
When you complete the signup with email id and go to the second page, there you see the option to enter the mobile number where you have to enter your mobile number, keep in mind that here you have to enter the mobile number Enter the number registered in your bank account. So first enter your 10-digit mobile number and click on send OTP after which an OTP is sent to your mobile number then enter that OTP and verify your mobile number.
Step 3. Verify PAN Number
After verifying mobile number in How to create Groww App Account, you will be asked for your PAN number on your page where you have to verify your PAN card. So enter your PAN number in the given box, as soon as you enter PAN number you will see your name below it and an option of create account will appear which you have to click on.
Step 4. Verify Aadhaar Number
After verifying your PAN number in this way, now you have to verify your Aadhaar where in this step you will see an option of Proceed To Aadhaar Esign, click on it. Now a box will open here in which you have to enter your 12 digit Aadhaar number and click on Send Otp, now 6 digit Opt will be sent to your mobile number, then verify your Aadhaar number by entering that Otp.
Step 5. Signature Verify
The next step to How to open trading account in Groww App is to verify the signature. After verifying Aadhaar, as soon as you reach the next page, you will see the option to sign in on the mobile itself. Here you just have to sign with your finger, that is, you just have to save it by writing your name, then your signature will be verified.
Step 6. Digilocker Documents For KYC
After completing all the steps Digilocker Documents For KYC has to be done, which is a part of KYC where you can make your account secure. So after signature verification, on the next page Digilocker Documents For KYC option will appear, on which you have to click, after that you will have to enter the Aadhaar number again where OTP will be sent, enter that OTP and submit.
Step 7. Fill the necessary information
Even after completing the necessary steps of How to open trading account in Groww App, now you will have to fill some information about yourself like – gender, marital status, income, trading experience and upload a photo of yourself, then Fill everything correctly and click on the save option.
Step 8. Verify Bank Account
After completing all the steps, you have to add bank account in Groww App, for which you enter your account number in the box given here and click on Next, keep in mind that here you will add only savings account. Then on next page you have to fill IFSC code where you will also get option to search IFSC code so here enter correct IFSC code and verify your bank account and add it in Groww App.
Now the process of How to open trading account in Groww App is complete, but your account does not open immediately, after doing this you will have to wait for 24 to 48 hours, then your account gets fully activated where you can deposit Rs.100. Also get referrals. Now if you are willing to invest then you can also invest this 100 in share market, mutual fund and FD or you can also withdraw this money in bank and also you can add more money in grow app.
Which is the best demat account?
In terms of charges, then Groww App’s demat account is the best where there is no charge at all.
Can you close your Groww App account anytime?
Yes, once you create an account, you can use it as long as you want, if you don’t want to use it, you can close it whenever you want.
Is it completely safe to use Groww App?
Yes, it is completely safe, you can use it without any hesitation, you don’t need to fear even 1% from it.
What are the charges for creating a Grow App account?
There is no charge for creating an account in Groww App, but you get 100 rupees for creating an account from the referral link.
How much does the investment of Groww App start?
You can invest as many rupees as you want in Groww App because investment can start from 1 rupee here.
This was the special information for you, How to open trading account in Groww, in which you know what is Groww App, how to download it and how to create an account of Groww App? Where we have given step by step complete information in detail to create Groww App Account with the charge of Groww App. I hope this information on How to open trading account in Groww App will be helpful for you, which you must have liked very much, with the help of which you can easily create and use Grow App Account and earn money from Groww App.