The side-by-side comparison of Groww and INDmoney Demat Account. Compare Groww Vs INDmoney Demat Account charges, AMC and Fees. Read INDmoney and Groww demat Account review.
Find out Groww Vs INDmoney which is better demat account and Groww Vs INDmoney which is best demat account.
Our Groww Invest Tech Pvt Ltd. demat account comparison with INDmoney Private Limited highlights the major differences between two brokers. Find the best demat between Groww and INDmoney.
| Groww | INDmoney | |
|---|---|---|
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| About the Broker | Groww is a fast-growing online stock broker and mutual fund investment company. It offers services to invest in Equity, IPO, and Direct Mutual Funds. Groww started offering demat account services in 2020. It is a member of the CDSL depository. Groww is an online discount broker. It charges a flat of Rs.20 or 0.05% per executed order whichever is lower as trade brokerage fee. Groww demat account charges include Account Opening fee of Rs.0 (Free), AMC of Rs.0 (free) and Debit Transaction Charge of Rs.13.50 per script for delivery trades and zero for intraday trades. | INDmoney is a comprehensive financial platform designed to help users manage and grow their wealth by offering a range of investment and tracking services. Users can invest in Indian stocks, US stocks, mutual funds, fixed deposits, and IPOs. The platform supports setting up SIPs (Systematic Investment Plans) in both Indian and US stocks, ETFs, and mutual funds, with flexible frequencies such as daily, weekly, or monthly. INDmoney is a comprehensive personal finance app that helps users track, plan and invest effortlessly. It offers two main applications: INDmoney (for stocks and mutual funds) and INDstocks (for F&O and trading). |
| DP ID | 88700 | 12095500 |
| Contact Info | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 | 6th Floor, 616, Suncity Success Tower, Golf Course Extension Road, Sector-65, Gurugram, Haryana, 122005. |
| Services Offered | Equity, IPO, and Direct Mutual Funds | Indian stocks, US stocks, mutual funds, fixed deposits, and IPOs. |
| Find more info about broker | ||
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Groww | INDmoney | |
|---|---|---|
| Demat Account Opening Fee | ₹0 (Free) | Rs 0 |
| Demat Account AMC | ₹0 (Free) | Rs 0 |
| Advance Deposit | ₹0 | Rs 0 |
| Groww | INDmoney | |
|---|---|---|
| Dematerialisation Charges | ₹150 per certificate + courier charges | Rs 250 per Transaction |
| Rematerialisation Charges | ₹150 per certificate + courier charges | Rs 250 per Transaction |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | For value ≥ ₹100: Male investors: ₹3.50 (Depository) + ₹16.50 (Groww) = ₹20.00 (plus GST) Female investors: ₹3.25 (Depository) + ₹16.50 (Groww) = ₹19.75 (plus GST) For value < ₹100: Only the depository charge, i.e., Male investors: ₹3.50 and Female investors: ₹3.25 | DP charges: Rs 18.5 + GST per ISIN per Transaction. Male - Rs 3.50 (CDSL) + Rs 15.00 (INDmoney Charge). Female - Rs 3.25 (CDSL) + Rs 15.25 (INDmoney Charge) |
| Pledge Creation Charges | ₹20 + ₹12 per request (CDSL Charges) | Rs 20 per request+ GST |
| Pledge Creation Confirmation Charges | ₹20 per ISIN | |
| Pledge Invocation Charges | Rs 50 per request+ GST+DP Charges Delivery Sell (Rs 18.5 per ISIN per transaction) | |
| Failed Instruction Charges | ₹50 per ISIN | |
| Other Charges | KYC Modification: ₹50 | Unpledge Request: Rs 20 per request+GST Call and Trade: Rs 500 per order Auto Square off charges: Rs 50 per position |
| Groww Enquire | INDmoney Enquire | |
|---|---|---|
| Contact Broker | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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