The side-by-side comparison of Zerodha and Groww Demat Account. Compare Zerodha Vs Groww Demat Account charges, AMC and Fees. Read Groww and Zerodha demat Account review.
Find out Zerodha Vs Groww which is better demat account and Zerodha Vs Groww which is best demat account.
Our Zerodha demat account comparison with Groww Invest Tech Pvt Ltd. highlights the major differences between two brokers. Find the best demat between Zerodha and Groww.
| Zerodha | Groww | |
|---|---|---|
 |  | |
| About the Broker | Zerodha is a Bangalore based discount stock broker offering flat Rs 20 per trade in Equity Cash, Equity F&O, Currency F&O and Commodities. Zerodha launched its online trading services on 15th Aug 2010 and in first 7 years Zerodha made around 7 lakhs customers. With innovative trading platform and tools along with the cheapest brokerage, Zerodha is fastest growing financial firm in India offering stock brokerage and depository services. | 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 | 12081600 | 88700 |
| Contact Info | No. 153/154, Ground Floor, | Next Billion Technology Private Limitedm 1st Floor, Proms Complex, SBI Colony, 1A Koramangala, Bangalore, Karnataka, India - 560034 |
| Services Offered | Stock Broking, Demat Accounts, Stock Broking, Mutual Funds | Equity, IPO, and Direct Mutual Funds |
| Find more info about broker | ||
| Special Offer | Special Offer:
₹0 Brokerage on Equity Delivery & Mutual Funds
India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless | 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. |
| Zerodha | Groww | |
|---|---|---|
| Demat Account Opening Fee | ₹50 (Stamp charges payable upfront) | ₹0 (Free) |
| Demat Account AMC | Individuals/Non Individual (except Corporate) - ₹300 + GST | ₹0 (Free) |
| Advance Deposit | ₹0 | ₹0 |
| Open Zerodha Account | Open Groww Account |
| Zerodha | Groww | |
|---|---|---|
| Dematerialisation Charges | ₹150 per certificate (+ ₹100 Courier charges) | ₹150 per certificate + courier charges |
| Rematerialisation Charges | ₹150 per certificate + CDSL charges + ₹100 Courier charges | ₹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 | ₹30 per request + GST | ₹20 + ₹12 per request (CDSL Charges) |
| Pledge Creation Confirmation Charges | ₹0 | |
| Pledge Invocation Charges | ₹20 | ₹20 |
| Failed Instruction Charges | ₹50 per ISIN | ₹50 per ISIN |
| Other Charges |
Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date. | KYC Modification: ₹100 |
| Zerodha Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | ZerodhaSpecial OfferFree Stock Trading and Mutual Funds
Limited-time offer! | GrowwSpecial OfferInvest in Stocks and Mutual Funds on Groww
Start your investment journey today! |
Groww and Zerodha are both online discount brokers offering low-cost brokerage services to the customers.
Groww was established as a direct mutual fund platform and is now expanding its offering to other areas like Stocks, Gold, US Stocks, and Fixed Deposits. Groww offers free account opening with zero maintenance charges.
Zerodha is India's No.1 stockbroker offering services to services to invest in Equity, Currency, Commodity, IPO, and Direct Mutual Funds. Zerodha offers brokerage free Equity delivery trading.
Read Groww vs Zerodha for a more detailed comparison.
Overall, Zerodha is a far better broker than Groww in reputation, trust, trading tools, excellent learning initiatives, strong and transparent management, not backed by VCs, and brokerage free equity delivery.
Groww and Zerodha both are online discount brokers offering low-cost trading and investment services to investors. You can choose the one that best suits your trading motives.
Expand all
Open Zerodha Account