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Groww Brokerage Charges: A Comprehensive Guide for 2024

Table of Contents

Groww Brokerage Charges – Complete Brokerage Charges in Groww

Groww Transaction Charges

Other Charges

Conclusion

Do you want to know about Groww brokerage charges? In the rapidly evolving landscape of online trading and investment platforms, Groww has emerged as a popular choice for both seasoned investors and newcomers to the stock market. One crucial aspect that investors must consider when choosing a platform is the brokerage charges, as they directly impact the overall returns on investments.

Know all about the various Groww brokerage charges and explore how these may influence your investment strategy.

Open an account with Upstox.

Groww Brokerage Charges – Complete Brokerage Charges in Groww

Groww brokerage charges are fees that investors pay to the platform for executing trades on their behalf. Groww, like other online brokers, employs a transparent fee structure that allows investors to comprehend the costs associated with trading.

It is essential to familiarize yourself with these Groww brokerage charges, in order to make informed decisions and optimize your investment strategy.

Read on: Groww to Upstox Demat Account: How to Transfer Shares?

Account Opening & AMC

You do not have to pay Groww account opening charges. No Groww brokerage charges are levied for the process of opening and maintaining accounts, including trading and groww demat account.

Equity Brokerage

For equity Groww brokerage charges, a fee of 0.05% of the executed order or a fixed amount, whichever is lower, is applicable in case of both delivery and intraday equity trades.

Futures & Options Brokerage

In the case of futures and options Groww brokerage charges, a charge of 20 per executed order is levied.

Pledge

Pledge orders involve a cost of 20 per ISIN per request, while unpledge orders incur no charges.

Groww does not impose fees for redeeming mutual funds or withdrawing funds from the Groww balance. Nevertheless, in certain instances of mutual fund redemption, there might be deduction of an exit load that from the amount to be redeemed.

For Intraday trades and Equity Delivery, Groww charges the lower 0.05% of or Rs. 20 of the trade value. Further, for F&O, Rs. 20 Groww brokerage charges are applicable per executed order.

Exchange Transaction Charges

In 2025, transaction charges across different segments charged by NSE/BSE. Know all about transaction charges-

Equity Delivery

For Equity Delivery, the charges are Rs 325 per Cr (0.00325%) on both buy and sell sides for NSE, and Rs 375 per Cr (0.00375%) on both buy and sell sides for BSE.

Equity Intraday

In Equity Intraday, the Groww intraday charges are Rs 325 per Cr (0.00325%) on the sell side for NSE, and Rs 375 per Cr (0.00375%) on the sell side for BSE.

Equity Futures

For Equity Futures, NSE imposes Rs 190 per Cr (0.0019%), while BSE charges Rs 0.

Equity Options

In Equity Options, NSE applies Rs 5000 per Cr (0.05%) on the premium, and BSE charges Rs 3750 per Cr (0.0375%) on the premium.

Securities Transaction Tax (STT)

Securities Transaction Tax (STT) rates for various transactions are as follows:

  • Equity Delivery incurs a 0.1% tax on both Buy and Sell transactions.
  • For Equity Intraday, the tax is 0.025% and is applicable only on the Sell Side.
  • Equity Futures attract a 0.01% tax on the Sell Side,
  • Equity Options have a 0.05% tax on the Sell Side, specifically on the Premium.
  • Commodity Futures, specifically in the Non-Agri category, involve a 0.01% tax on the sell side.
  • Commodity Options on the sell side incur a 0.05% tax.
  • Currency F&O transactions are exempt from STT.
  • On Exercise transactions, there is a 0.125% STT.
  • The Right to Entitlement transactions has a 0.05% STT on the sell side.

GST

GST is levied at a rate of 18% on the sum of Groww brokerage charges, Transaction Charge, and SEBI Fee.

SEBI charges

SEBI charges amount to 0.0001% (₹10 per Cr) of the turnover, with an exception for Agri futures where it is Rs 1 per Cr.

Stamp Duty

Stamp Duty, applicable only on the buy side, is as follows:

  • Delivery (0.015%),
  • Intraday (0.003%),
  • Equity Futures (0.002%),
  • Equity Options (0.003%), and
  • Currency F&O (0.0001%).

For Commodity Futures, the Stamp Duty is 0.002%, and for Commodity Options (MCX), it is 0.003%.

Other Charges

Apart from the basic Groww brokerage charges, investors should be aware of other fees associated with trading on the Groww platform. These include:

  • Demat/Remat services: The Demat/Remat services incur a fee of Rs.150 per certification, along with applicable courier charges. For failed Demat transactions, a charge of Rs.50 per ISIN is applicable.
  • Pledge invocation: Pledge invocation is charged at Rs.20. Periodic or ad-hoc statement requests via email are free, while physical statements cost Rs.10 per page.
  • KYC Modification: Modifying KYC involves a fee of Rs.50, and both KRA upload and download are charged at Rs.50 each. The delivery instruction slip for the first 10 leaves is free, and additional leaves incur a charge of Rs.100 plus courier charges.
  • CMR: Physical Client Master Reports (CMR) cost Rs.20 plus courier charges. The maximum courier charge is capped at Rs.100 or the actual amount. Inter-settlement charges amount to Rs.13.5 plus GST.
  • Margin Re-pledge and Release of Margin Re-pledge: Both have a fee of Rs.5.
  • Restatements, SOA, and redemptions: These are charged at Rs.20 plus GST.

While these charges are not unique to Groww and are standard across most trading platforms, understanding their implications is crucial for accurate financial planning.

Open an account with Zerodha.

Do you want to calculate your total Groww brokerage charges? Groww provides an online brokerage calculator, designed to assist in determining the comprehensive trading costs.

This tool precisely presents the total Groww brokerage charges, along with additional charges such as exchange transaction charges, STT, GST, SEBI charges, and Stamp duty, offering transparency on the expenses incurred during your stock transactions.

Read on: How to Transfer Shares from Groww to Zerodha Demat Account?

Conclusion

Understanding the Groww brokerage charges is fundamental to making informed decisions about your investments. The platform’s transparent fee structure, coupled with its user-friendly interface, makes it an attractive option for a wide range of investors. Consider your investment goals, budget, trading frequency, and the nature of your trades before you opt for Groww. Staying informed is the key to making the right choices and investing successfully in the dynamic world of the stock market. Watch this video to know more.

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