Groww Balance represents an internal account designed for the purpose of facilitating the efficient storage and direct utilization of funds for transactions, thereby eliminating the need for individual, standalone transactions each time. Groww Balance may be replenished through the registered UPI bank account, Net Banking or NEFT/ IMPS and the accrued funds within Groww Balance are equally accessible for withdrawal at any given juncture.
Utilizing Groww Balance significantly streamlines the investment process, enabling investors to make investments with unparalleled ease through a simple ‘one-click’ action.
Groww app withdraw money facility is conveniently available through both the Groww mobile application and the Groww website.
Table of Contents
Terms for Groww Withdraw Money
To withdraw Groww Balance to Bank account, your bank account must be linked in your Groww account
When you add funds to Groww, they are immediately available for investing.
However, you can only withdraw these funds after 1 working day (24 hours).
After a sell transaction:
80% of the delivery sell amount is available for investment after 30 minutes.
The remaining 20% is added to your Groww balance by the end of the day.
You can withdraw the entire sell amount after 10 AM on the next settlement day (T+1).
If you sell a stock from your holdings on Friday, 80% will be added to your Groww balance after 30 minutes for investing.
The remaining 20% will be added on Friday night.
You can withdraw the full delivery sell amount after 10 AM on Monday.
Withdraw Money in Groww app
To withdraw money from Groww app, open the app and login in to your account
Tap on the Profile
From the Profile page, tap on the balance
The available balance in your account will be displayed
To transfer money from Groww app to bank account tap on the Withdraw button
Enter the balance which you which to withdraw from your Groww Wallet to Bank account and tap on the Withdraw button
The withdrawn balance from Groww app will be deposited into your bank account within a time frame of 24 hours.
Any balance in your Groww account if left unused for any trades/investment transactions for a straight 30 days, would be auto withdrawn to the linked bank account as per SEBI circular SEBI/HO/MIRSD/DOP/P/CIR/2022/101 dated July 27, 2022.
If you are unable to withdraw money from groww app, then refer to withdrawal terms and conditions.
This is how you can transfer money from Groww Wallet to Bank Account.
The added funds in groww can only be withdrawn after one working days of adding it.
Once the withdrawal is initiated from Groww account the balance will get deposited into your bank account within 24 hours.