What is Groww App and How to Earn Money from Groww App?

What is Groww App

Hello friends, today through this article we are going to tell you. What is the Groww app, and how to create an account on Groww? Groww is Which country app? Why do we use it? Ham will tell you all this in detail through this article. If you want to know about Groww. So stay connected with us on this article.

People who invest their money in the share markets or mutual funds. All of them must have knowledge about Groww App. If you guys don’t know what a group is. So let us tell you that this is a trading app. Through which you can invest your money in the share market or mutual fund. In today’s time, people do not want to keep their money in the bank. Because the interest rate is very low there. Because of this, most people want to invest their money in the share market or mutual funds. Groww is a very good platform to invest money in mutual funds or share markets. Through this, you can easily manage your money.

What is Groww App?

This is an Android application and website through which you can invest in Mutual Funds, Share Market, and Digital Gold very easily, as well as keep an eye on your investment, whatever you invest through this application, all those things every day you can see how much has increased and how much has decreased.

The most special thing about Grow App is that you can easily buy and sell any stock mutual fund in India, that too in a very short time, for this, it is a very popular app, and there are many apps available in the market for investment, But hardly any app will have such a simple interface.

Talking about the owner of Grove App, it has been developed by Nextbillion Technology, whose head office is in Bangalore, Karnataka India, its CEO Lalit Keshari, and partners Harsh Jain, Neeraj Saini, Ishan Bansal, it is run by April Launched in 2016, it is a great Investment Platform.

Groww App is quite popular, it has 1Cr+ downloads on Play Store, it has a rating of 4.3 which is considered good, and more than 2,86,400 people have rated this app to start Stock Trading, Mutual Funds, Digital Gold, and SIP. Demat Account is opened to provide facilities.

Groww App Full Details

1 App Name Groww: Stocks & Mutual Fund
2 App Installed Android: 1 Cr+
4 App Rating: 4.5
5 Grow App Reviews: 5 Lakh+
6 Services: Stock Trading, Demat, Mutual Funds, SIP
8 Account Opening Bonus: Rs.100

Documents to Create an Account in Groww App

If you want to start investing or trading by creating an account in this app, then you must have these documents.

  • Aadhar Card
  • pan card
  • bank account
  • a selfie
  • a signature
  • active mobile number

Give you the address, there is no need to upload any document, you just have to enter the PAN number, enter the Aadhaar number, and you will get the OTP, you have to enter it, you have to take a selfie, and Grow App will tell you when to take a selfie, after that Grow you will automatically sign on the screen. Have to do then your account will be activated in no time, I have explained all the things below.

How to download Groww App

If you also want to invest in Stock Trading or Mutual Funds with the help of your mobile phone, then Groww App is a very good option.

You can easily download Groww from Play Store. For this, you have to search Groww App on Play Store and install Groww App.

Now you can invest in Stock Trading or Mutual Funds by creating an account on Groww.

Download Growww App from the link given below to get an Rs.100 Bonus in Growww App.

Account Creation Charges on Groww App

There is no charge for account creation on Groww App, here you can open your demat account and trading account without any charge. Rather, if you signup with someone’s referral code, then you also get Rs.100 bonus.

Account maintenance charge on the Groww is also zero i.e. you do not have to pay any kind of AMC charge. The intraday trading charges on the Grove app are ₹20 per order.

How is the Groww App and is Groww Safe?

Groww App is a completely secure App, it is registered with AMFI (Association Of Mutual Funds In India) as well as Groww is registered with BSE (Bombay Stock Exchange).

Groww App is an easy trading app. In which you get a chance to invest without any extra charges. This is a completely safe app, with the help of this you can invest in IPO, Digital Gold, US Stocks, Mutual Funds, and Stocks without any hassle.

Groww app has got a rating of 4.3 stars on Play Store, from which it can be inferred that Groww is a perfect and safe app.

How to Create Demat Account on Groww App

To create an account on Groww App, you have to install Groww App from Play Store, now you can create an account on Groww by following the following steps.

  • Step 1- You have to open Groww, and after that, you have to click on Continue With Google, now you have to signup with your Gmail account.
  • Step 2- Now you have to set your PIN on Growww App and enter your mobile number and click on Send OTP option. After OTP Enter, you have to click on the option of Verify.

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If your PAN card and Aadhaar card are linked to your mobile number, then automatically all your details will be filled, in that, you have to click on Complete Setup and fill in some basic details, such as –

Occupation
Income
trading experience
mother and father’s name
Mutual Fund Nomicee
bank account details

If your Automatic Fill does not happen, then follow the further process.

  • Step 3- Now you will be asked for your PAN card number, after filling in the PAN card number, you have to click on Create Account option.
  • Step 4- After this, you have to enter your date of birth and click on the Next button.
  • Step 5- Now you have to fill in your Gender and click on the Next button. After this, you have to fill in your marital status.
  • Step 6- After this, you have to choose in which field you work.
  • Step 7- Now you have to fill in your income.
  • Step 8- After this, you have to fill in how much experience you have in Trading.
  • Step 9- After this, you have to fill in the name of your mother and father to do your KYC. After that click on the Next button.
  • Step 10- After this, if you want to fill someone’s name in your Mutual Fund Nominee, then turn on the option of Yes. Now you have to fill in Relation, Name, and Date Of Birth with the one you want to keep in Nominee. If you do not want to keep anyone as Nominee, then do No.

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  • Step 10- After this, you have to choose your bank account, after that you have to do Branch Search with the IFSC code. Now you have to fill in your account number and click on Verify Bank. Now 1 rupee will be deposited in your bank account from Groww App.
  • Step 11- After this, you have to click your photo and after that, you have to record a video of 5 seconds.
  • Step 12- After this, you have to click on the option of Save by doing your E-Sign. Now you have to click on Proceed then Aadhaar Esign.
  • Step 13- Now the account opening form will open in front of you, after that you have to click on Sign Now.
  • Step 14- After this, you have to fill in your Aadhaar card number and click on the option of Send OTP. Now an OTP will be sent to the mobile number registered by your in Aadhaar card, you have to fill in that OTP and click on the option of Verify OTP.

After OTP verification, Signed In Successfully will show. Now your Groww account is ready. And you can do trading from Groww App.

How to Add Money on Groww App

To add money on Groww App, you have to follow the following easy steps-

  • First of all, you have to click on the option You.
  • After this your profile will open in front of you, now you have to click on Add Money.
  • After this, you have to enter the amount you want to add and click on the option of Add Money.
  • After this, you can make payments from UPI, Net Banking, Bank Transfer, or Enter UPI Id.
  • After this, the amount will be added to your Groww account.

Now you can easily do Stock Trading with Groww.

Groww App Belongs to Which Country?

Friends, before trusting any App, many people want to know which this App belongs to which country, because this is what they trust, anyway, many Apps are also from foreign countries, but this Groww App is an App made in India. Whose headquarter is located in Bangalore Karnataka India.

The founder of Groww App is from India only where this Groww has been made by Nextbillion Technology means there is no hand of a foreign country in this Groww App, it is a completely Indian App.

How to Earn Money from Groww App

You can earn money on Groww App in the following ways-

Earn money from Groww App by trading stock

You can do online trading on Groww App, if you are interested in Share Market then you can buy or sell shares of any company through Groww.

Before buying shares in any company, you have to know about that company, in which sector that company works, and whether the company is running in loss or in profit, only after knowing all this, you should buy the shares of any company.

Here you are also shown the performance charts of the shares, with the help of which you can better understand when the shares of the company increased and when they decreased. Through this chart, you will get good information about the stock.

Earn money from Refer and earn program on Groww App

If you refer Groww App to any of your friends or relatives and your friend opens your account with your Referral Link, then both you and your friend get Rs.100-100. In this way, you can also earn money by referring to Groww.

Earn money from Groww App by investing in Mutual Funds

If you want to make a safe investment but you do not have market information, then you can earn good profits by investing money in Mutual Funds.

In Mutual Funds, the risk is less than in the stock market. The money invested by you in Mutual Funds is invested in the stock market by those people who are very experienced. Mutual Funds are a safe investment.

If you do not have knowledge of the share market then you can earn good money by investing in Mutual Funds.

How to Withdraw Money from Groww App

To withdraw money from Groww App, you have to follow the following steps-

  • First of all, you have to click on the option of Profile.
  • Now you have to click on where your Available Balance is showing.
  • After this, you have to click on the option of Withdraw.
  • After this, you have to write the amount on Amount To Withdraw, write the amount you want to withdraw. And click on the option of Withdraw.
  • Now you have to put in your Groww App Pin or Fingerprint, and after that, your Withdrawal Request will be processed.
  • After this click on the option of Done. Now the amount will come into the bank account you have added.

In this way, you can easily withdraw money from Groww App.

What is Grow App Charges

Friends, as I have told you, you do not have to pay any charge until you create an account in Groww App and invest in it, which is true to a large extent, but there are many types of charges in Groww which you will have to pay, which is very important to know. Is.

You will find many people on the internet who tell in the review of what is Groww that there is no charge in it, which is absolutely wrong because those people have to join you somehow.

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As soon as you join Groww App, those people get 100 rupees, so they say that there is no charge in Groww App, let me tell you how many charges are there in Groww App.

  • AMC Charge – The first charge of the Grow is AMC Charge i.e. Annual Maintenance Charge which is Rs.300 annually.
  • Transaction Charge – This is the charge when you buy or sell a share which is around 0.00325%
  • Courier Charge – You will have to pay 80 to 100 rupees for ordering any courier
  • GST Charge – This is the charge on the stock which is 18%.
  • Other Charges – Apart from this Stamp Duty is fixed at 00.015% on Equity Delivery and 0.03.% on Intraday. Apart from this, there may be some hidden charges of Groww, whose information is not already given.

Hope you are understanding about what are the charges of the Groww App, in which you have understood better about Groww Charges in Hindi, now let’s see further how safe is Groww App.

Groww App Customer Care Number

Groww App has a customer care number +91-91088006604 on which you can talk from Monday to Saturday from 9 am to 6 pm.

Conclusion

Friends, I hope that by reading this article of ours today, you must have got complete information about the Groww app. If you have got the right information by reading our article. So don’t forget to share our article with your friends. Stay connected with us to read such informative articles. If you want to know more about the Grow app. So you can ask us by commenting in the comment section. Thank you very much for reading our article.

About Ravendra Singh

Hello friends, I am Ravendra Singh, the Founder of News Beed. I am a blogger and digital creator. Through this blog, you can access information related to Digital Marketing and Blogging. If you find our articles informative, you can also share them with your friends. You can follow us on social media platforms as well.

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