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Can I close Groww Demat account?

Groww Account Opening

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.

Yes, you can close the Groww account at any time you wish. To close the Groww Demat account, submit the duly filled and signed physical account closure form to the Groww Head Office.

Groww does not charge any AMC (Annual Maintenance Charges) for the Demat account hence, you can also keep the Demat account active if you do not have the hassle to maintain other active Demat accounts.

Note:

  • The demat account cannot be closed online.
  • Make sure there are no shares in the demat account before submitting the account closure request.
  • Ensure to close all the dues.

 

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