How to Delete Groww Account? 2024 Latest Method
How to Delete Groww Account? Do you want to delete it temporarily or permanently? What are the steps to open a Demat account in the Groww app again? Get all the answers by reading this article till the end.
I started my stock market journey via the Groww app and earned a great profit. But this application turned into a daily source of anxiety. To get peace of mind, I permanently deleted my account on Groww. For this, someone recommended the best method to delete an account, and that saved my time and effort.
Do you also need that method? Are you interested in how to Delete Groww Account? Just follow this article.
I also suggest reading this article: Share Market Kaise Sikhe?
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How to Delete Groww Account? All Easy Steps to Follow
If Groww can't fulfill your needs, switch to other stock market apps now. Delete your Groww account by following the steps given below-
Step 1: User Needs To Obtain The Closure Form
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Open the Groww app with your credentials.
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Go to your Profile section and find the "Customer Support 24×7".
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No, go to the search bar and type "I want to close my Demat account."
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You will land on a page where you can see the "Download closure form" button.
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Tap on it to download the form.
Step 2: Start Filling Your Closure Form
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Fill in the application number and date.
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Mark on closing your trading account, Demat account, or both.
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Fill in your DP ID and client ID.
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Mandatory to share name, address, reason to close Groww account.
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Mention a number of shares and holdings.
Step 3: Submit Your Account Form
Have you successfully completed all the steps above? Then, it's time to submit this account closure form via registered post to the Groww head office address.
Step 4: Wait For The Confirmation
Groww will close your account in 5–7 business working days. You will receive a deactivation confirmation at your desired email address or phone number.
Point To Note: The Groww application doesn't allow online Demat account closure. If you are searching for how to Delete Groww Account, tell them to follow the offline process to deactivate their account faster.
How to Open Demat Account in Groww App?
If you are ready to start your stock market business, Groww is the best choice. The below steps will let you know how to open a demat account in Groww promptly-
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First is to download the Groww app and register with the right details.
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Share all basic information with them, such as gender, occupation, annual income, and more.
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Now, share your trading and investment preferences, including your mother's and father's names, to complete KYC.
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The next step is to verify your bank details.
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After this, add your documents from Digilocker for KYC.
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Share your picture and verify your signature.
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Groww will ask you to add a nominee, so select any person of your choice.
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You can add money. That is optional! Groww will activate your demat account before 72 hours.
Final Words
Have you found any stock trading app better than Groww? No longer need this application? Delete your account from Groww today! I have shared the easiest method on How to Delete Groww Account. This stock market app guarantees that your account can be deactivated within three days. If you want to start trading on Groww, I have covered the best method to open a Demat Account in the Groww app. Do share this article with all your friends who want to delete Groww account.
FAQs (Frequently Asked Questions)
Q1. Can I delete my Groww account online?
A1. Currently, it is not possible to delete an account on Groww online. You can follow the offline method to delete the account within 3 days.
Q2. Can I open a 2 Groww account?
A2. With the help of the same PAN number, there is no legal issue to make two accounts on the Groww app.
Q3. Is Groww Demat account free?
A3. Start your trading on the Groww app by paying nothing to open a Demat account.
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