How to Cancel Groww
from $0.00/month
Easy
Estimated Time:10 minutes
Cancel Method:App
1
Open the Groww App
Open the Groww app on your mobile device and log in with your registered mobile number or email.
2
Redeem All Investments
Go to your 'Portfolio' and redeem all mutual funds, sell all stocks, and withdraw any digital gold or fixed deposits. Your portfolio must be empty before account closure.
3
Withdraw Your Balance
After redeeming investments, go to 'Wallet' or 'Withdraw' and transfer your entire balance to your linked bank account.
4
Raise an Account Closure Request
Go to 'Profile' β 'Help & Support' β 'Account' β 'Deactivate/Close Account' to raise an account closure ticket within the app.
5
Confirm and Follow Up
Submit the closure request and follow any instructions from Groww's support team. You'll receive a confirmation email once the account is deactivated.
Retention Tips
Before closing your Groww account, consider that Groww offers βΉ0 commission on direct mutual funds and very low brokerage on stocks. There's no monthly fee for a dormant account. If you're not investing actively right now, you can simply leave the account open at no cost and return when you're ready. You can also transfer your stock holdings to another broker via a Demat transfer without selling. Would you prefer to keep your account open or explore a transfer?
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