How To Invest In Share Using Groww App
Hello friends How are you all. I hope you all are doing well and enjoying this New year 2022. Today I am here to discuss an important topic and that topic is how to invest in share specially by using Groww App. I know everyone knows about shares and also wants to invest in shares but do not have knowledge about how they can invest in it. I hope I will help to close all your doubt regarding investment in shares by this topic. So guys don’t take any doubt in mind and start investing in shares from today onward. Start doing something new in this New year by investing in shares.
What Is Groww App?
First of all I will let you know that what is this App and how it works. It is a combined color of dark blue and light green. It shape is like a circle. We can download this app from Play Store easily. After completion of download we have to login it. To login it we have to enter our name, contact number, account details which we will use in dealing with share, Gmail I’d. After entering these information we get and OPT and now we are able to use this app because now have completed login details.
Groww App is an investment platforms in India. It have 90+ lakh customers. It is a very fastest-growing app. This app started in the year 2016. Currently, this app allows their customers to trade and invest in Stocks or shares and Mutual funds. We can see fluctuations of prices of shares in this app from 9:15 am to 4 pm. Time period other than this market remains close and we are not able to see fluctuations in prices of shares in this App.
Groww App Charges
This app is totally free of cost to its customers. We can open free account with zero maintenance charges. The mutual fund investment and investment in shares is totally free through this app .
How To Invest In Shares Using Groww App
To invest in shares first of all we have to add money in the account of this App. For this we have to go on our profile in this app. Here in Groww balance tab there is an option add money. By this we can add money in this account. After adding money we have to choose the company in which we want to invest. Then click on buy shares. After that write how much numbers we want to buy of that particular share. Then click on okay. Now the shares are purchased.
Contents In Groww App
There is mainly two blocks in it one is Explore and another is dashboard.
1) Explore Block
In Explore we can see name of all companies dealing in shares and also prices of their shares. Due to shortage of space name of all companies is not shown but we can search name of any company in this block.
In dashboard block we can see the name of company and their share prices in which we have already invested or name of company whose shares we have purchase. In the top of this block we can also see the total amount invested in all shares, total current value of all shares, and combined profit or loss in all shares. Negative or red highlight price means we are in loss in overall investment on the other hand positive value means we are in profit on overall investment. In this block we can also see profit and loss in each and every share wise.
Things Required To Sell Shares Using Groww App
1) PAN number.
2) BOID it is basically your Demate account number. This can be obtained from account detail.
3) Unique client code. We can find it from account detail which comes after clicking on profile picture.
How To Sell Shares Through Groww App
To sell shares through this app the following steps need to follow-
1) Select the share which you want to sell.
2) Click on sell option.
3) Fill the number of shares you want to sell.
4) At this step click on verify sell.
5) Then click on verify using TPIN and OTP.
6) Then click to generate OTP.
7) By entering this OTP, TPIN verification will complete at this step.
8) Now close the app and open it again and enter the OPT which is send on your registered Gmail ID.
9) Now click on ok and by this your sell process is completed.
10) After completion 80% of share value will credit in your grow account and remaining 20% will come after 24 hours.
Key Features In Groww App
Groww Mobile app holds lots of key features. Some important key features are as follows-
1) It is very simple to use this app. A normal person can use without facing any complications.
2) The order of buy or sell of shares can be done only just One-Click.
3) Safe and secured app.
4) Complete information of all listed Indian companies can be found in this app.
5) Real-time price of the shares of all companies is updates in the app.
6) In this app help and support section is also available for quick query resolution.
Option To Withdrew Money From Groww Account
Friends if you have an urgent need of money and you do not have then if you have balance in Groww App then you can withdraw that amount and use it in your urgent requirement. For this first of all you have to click on Groww balance. After that click on withdraw option. Then enter amount that you want to withdraw. Lastly click on ok. Now your request to withdraw amount is successfully processed.
Benefits Of Using Groww App
Groww is an efficient app offering a wide range of benefits to the users:
1) This app allows easy trading to its user.
2) By using this app faster trading is possible only just a single click.
3) Secure and safe Trading is possible using this app.
4) Paperless account opening is possible in this app. No hardcopy documentation is required to open account using this app.
5) Only a single login is required for Mutual Fund investments also. We can say both trading in mutual funds and share is possible with the same single login.
I hope guys this article will help you a lot. By using this app you are able to understand how one can deal with shares, how prices fluctuate day to day, how a decision is taken to invest in a particular share, what is the correct time to sell a particular share etc. Now you all are the master of share market. So guys start investing and earn money. Now its is the correct time to make investment as your income source. So guys if you have any kind of query or suggestions regarding to this article then feel free to drop a message in comment box. I will definitely resolve your all queries and will work on your suggestions. It is not necessary that you drop message in comment box only in case of query and suggestion. You can drop message regarding your personal experience about this article after reading it.
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