The side-by-side comparison of Upstox and Groww Demat Account. Compare Upstox Vs Groww Demat Account charges, AMC and Fees. Read Groww and Upstox demat Account review.
Find out Upstox Vs Groww which is better demat account and Upstox Vs Groww which is best demat account.
Our Upstox demat account comparison with Groww Invest Tech Pvt Ltd. highlights the major differences between two brokers. Find the best demat between Upstox and Groww.
| Upstox | Groww | |
|---|---|---|
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| About the Broker | Upstox (formally RKSV) is among the leading online stock broker in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. Upstox offering its retail broking services since Jan 2012. | 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 | 12081800 | 88700 |
| Contact Info | Sunshine Tower, 30 Floor, | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
| Services Offered | Equity, IPO, and Direct Mutual Funds | |
| Find more info about broker | ||
| Special Offer | Special Offer: Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds | Special Offer: ₹0 Account Opening| ₹0 Annual Maintenance Charges| Trade across segments at ₹20/order| Free Mutual Funds Investment| Zero hidden charges. Open your FREE Groww Demat account |
| Upstox | Groww | |
|---|---|---|
| Demat Account Opening Fee | Rs 249 | ₹0 (Free) |
| Demat Account AMC | Rs 150 | ₹0 (Free) |
| Advance Deposit | Nil | ₹0 |
| Open Upstox Account | Open Groww Account |
| Upstox | Groww | |
|---|---|---|
| Dematerialisation Charges | Rs 2.00 per certificate plus courier charges of Rs 35 per demat request | ₹150 per certificate + courier charges |
| Rematerialisation Charges | Rs 25 per certificate or 0.05% of the value whichever is higher. | ₹150 per certificate + courier charges |
| Transaction Charges (Credit or Buy) | ||
| Transaction Charges (Debit or Sell) | Rs 13 + Rs 5.50 (CDSL charges) per scrip. | 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 | 0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual. | ₹20 + ₹12 per request (CDSL Charges) |
| Pledge Creation Confirmation Charges | 0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual. | |
| Pledge Invocation Charges | 0.05% of the transaction charges subject to a minimum of Rs 50 | ₹20 |
| Failed Instruction Charges | Rs 50 per transaction | ₹50 per ISIN |
| Other Charges |
| KYC Modification: ₹100 |
| Upstox Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | UpstoxSpecial OfferTrade Smarter With Upstox
| GrowwSpecial OfferStart your investing journey with one of India’s most cost-effective platform.
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