What are 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.
Aspect | Details |
Account Opening | Rs 0 |
Annual Maintenance Charge (AMC) | Rs 0 |
Brokerage | Rs 20 or 0.05% per order (whichever is lower) |
Additional Charges | Regulatory & 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.