Edit: Do you also earn groww balance interest? I am chandrakant bhujabal of their groww app invest stock market, I would like to know that chareges of groww app stock market, buy and sell in groww app .pls my case is to watch” I have never understood the sense of balance of Groww and now I can not place an order unless I give a confirmation. EDIT: As stated by Groww PDG Lalit in a comment below, this is a case of misunderstandings and a problem with copying. No minimum credit is required and Groww must give money back to investors every 1 or 3 months as part of compliance, which is what they are looking for recognition for. ORIGINAL ARTICLE: I just tried to place an investment fund buy order on groww`s website, and it asks me for my agreement, a minimum of funds of Rs. 10,000 in groww balance and have the excess returned to my bank account every 3 or 6 months. Is it a good idea to give them recognition and keep using Groww, knowing that all the money goes through this growth record? If you have used other providers like Kuvera, Zerodha, etc., do you ask for such an intermediate account balance? You mean, if I have more than 10,000 in my growth credit, will it be repaid to me in a month? So you`re doing the opposite of what people blame you for, :p This can easily be done on your laptop, and you can set up a large number of warnings not only for transaction activities, but also to achieve savings goals, warnings, and much more. So, interestingly, why need a wallet? The last time I invested with Groww, there was a “very large amount” in my portfolio, while I thought my investment would be completed once I transferred the fund. By the way, I find Groww balance very useful, also does not think that another of you offers this function. If I understand correctly that Groww`s balance is just a checking account in Yes Bank, why is there a compliance issue if the money is held for more than 3 months? Edited to add: /u/lkeshre, this would have been very useful if you had sent an email (to your customers) explaining in plain text what is happening and why you need them to accept something before proceeding with the change to the UX in which you requested the agreement. No balance nonsense, return to the account in 3 months, etc. Groww offers free equity like Zerodha. The intermediation of intraday transactions is 0.01% of your turnover. If you invest a very large amount, your brokerage will never increase above Rs 20.

Thank you for your direct answer! Out of curiosity, how did you draw your attention to this contribution? Once you have registered, you can place an order at any time if there are enough credits in your account. There is a one-time account opening fee of Rs.200 (was free before May 2020) It was after 15 days that I noticed it was in the wallet…