What happens to my mutual funds and stocks if I close my Groww account?

You must redeem all mutual funds and sell all stocks before closing your Groww account. If you hold stocks in a Demat account via Groww, you can initiate a Demat transfer to another SEBI-registered broker instead of selling, using a DIS (Delivery Instruction Slip).

Are there any charges for closing a Groww account?

Groww doesn't charge a specific account closure fee. Standard transaction charges apply when selling stocks or redeeming funds. If you transfer Demat holdings to another broker, DP charges and stamp duty will apply as per SEBI regulations.

How long does it take to close a Groww account?

Groww's account closure process typically takes 7–14 business days after submission of the request and clearing of all holdings. Demat transfers, if requested, may take an additional 3–5 business days.

How to Cancel Groww (2026)

Groww plans start from $0.00/month. Follow our 5-step guide to cancel your subscription in about 10 minutes — with tips to avoid retention offers.

Updated: March 2026

from $0.00/month

(≈ ZAR 0.00)

Easy

Estimated Time:10 minutes

Cancel Method:App

Open the Groww App

Open the Groww app on your mobile device and log in with your registered mobile number or email.

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.

Withdraw Your Balance

After redeeming investments, go to 'Wallet' or 'Withdraw' and transfer your entire balance to your linked bank account.

Raise an Account Closure Request

Go to 'Profile' → 'Help & Support' → 'Account' → 'Deactivate/Close Account' to raise an account closure ticket within the app.

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 ₹0 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?