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What is Groww App? How to use Groww


2023-03-31 11:49 · 3 min read

Groww is a financial technology company based in India that provides an online investment platform and app called "Groww App". The app allows users to invest in various financial instruments such as mutual funds, stocks, gold, and exchange-traded funds (ETFs) in a paperless and hassle-free manner.

With Groww App, users can open an account, complete the KYC process, and start investing in just a few clicks. The app provides a user-friendly interface and tools to help users make informed investment decisions. It also offers various features such as goal-based investing, SIP (Systematic Investment Plan), and expert recommendations to help users achieve their financial goals.

Groww App is available for both Android and iOS devices and has become a popular investment app in India due to its ease of use, low fees, and accessibility.

 

Groww is an investment app that allows users to invest in various financial instruments such as mutual funds, stocks, and ETFs. Here's a step-by-step guide on how to use Groww:

Download and Install the Groww App: You can download the Groww app from the Google Play Store or the Apple App Store.

Create an Account: Once you have installed the app, you need to create an account. You will need to provide your name, mobile number, email address, and PAN card details. Once you have entered all the details, click on the "Create Account" button.

Complete KYC Process: The next step is to complete the KYC process. You will need to provide your Aadhaar card details, upload a scanned copy of your PAN card, and a selfie. Once you have submitted all the details, the KYC process will be completed within a few minutes.

Add Funds to Your Account: After completing the KYC process, you need to add funds to your Groww account. You can do this by linking your bank account to your Groww account. Once your bank account is linked, you can transfer funds to your Groww account using UPI, net banking, or debit card.

Start Investing: Once you have added funds to your account, you can start investing. The app has a variety of investment options such as mutual funds, stocks, gold, and ETFs. To invest, you need to select the investment option and the amount you want to invest. The app also provides information on the investment, such as the past performance, risk level, and expert recommendations.

Monitor Your Investments: You can monitor your investments on the app. The app provides real-time updates on your investment performance, including the return on investment and the current value of your investment. You can also track the performance of your investments over time.

Redeem Your Investments: If you want to redeem your investments, you can do so through the app. You need to select the investment and the amount you want to redeem. The app will initiate the redemption process, and the money will be credited to your bank account within a few working days.

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