The side-by-side comparison of SMC Global and Groww Demat Account. Compare SMC Global Vs Groww Demat Account charges, AMC and Fees. Read Groww and SMC Global demat Account review.
Find out SMC Global Vs Groww which is better demat account and SMC Global Vs Groww which is best demat account.
Our SMC Global Limited demat account comparison with Groww Invest Tech Pvt Ltd. highlights the major differences between two brokers. Find the best demat between SMC Global and Groww.
| SMC Global | Groww | |
|---|---|---|
 |  | |
| About the Broker | SMC is a leading financial service provider in India offering services across brokerage, investment banking, wealth management, financing, depository services, insurance broking, clearing services, mortgage advisory and real estate advisory to corporate, institutional, high net worth individuals and other retail clients. SMC India has customer base of over 16 lakhs customers and 50 branches & 2400+ registered sub brokers and authorized persons spread across 500+ cities. | 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. |
| DP ID | 12019100 | 88700 |
| Contact Info | 17, Netaji Subhash Marg, | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
| Services Offered | Broking (Equity, Commodity & Currency Derivatives) at BSE, NSE and MCX, Mutual Funds & IPO, NBFC, Online Trading, Wealth Management, Investment Banking, Insurance, Real Estate, Research, Depository Participant CDSL & NSDL | Equity, IPO, and Direct Mutual Funds |
| 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. | Special Offer: Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today. |
| SMC Global | Groww | |
|---|---|---|
| Demat Account Opening Fee | Nil. | ₹0 (Free) |
| Demat Account AMC |
| ₹0 (Free) |
| Advance Deposit | ₹0 | |
| Open Groww Account |
| SMC Global | Groww | |
|---|---|---|
| Dematerialisation Charges | Rs 5 Per Certificate (Rs 30 for 1st Certificate) Courier Charges Extra (Rs 25 for Local & Rs 40 for outstation courier) | ₹150 per certificate + courier charges |
| Rematerialisation Charges | Rs 25 (For one certificate/100 shares) Courier Charges Extra(Rs 25 for Local & Rs 40 for outstation courier) | ₹150 per certificate + courier charges |
| 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 |
| Pledge Creation Charges | Rs 60 | ₹20 + ₹12 per request (CDSL Charges) |
| Pledge Creation Confirmation Charges | Rs 60 | |
| Pledge Invocation Charges | Rs 30 | ₹20 |
| Failed Instruction Charges | Rs 20 per instruction | ₹50 per ISIN |
| Other Charges |
| KYC Modification: ₹100 |
| SMC Global Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| GrowwSpecial OfferInvest in Stocks and Mutual Funds on Groww
Start your investment journey today! |
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