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2 years agoDecember 30, 2023 9:30 pm

Closing or deleting a Groww account in 2026 is a straightforward process, but it requires clearing all holdings, SIPs, and dues before submitting the closure request. Whether you’re switching brokers, simplifying your investments, or taking a break from trading, this guide explains the exact steps to deactivate your Groww Demat account, unlink PAN/Aadhaar/bank details, cancel SIPs, and troubleshoot common closure issues.

Steps to Delete the Groww Demat Account in 2026

Can a Groww account be deleted permanently? Yes, Groww accounts can be permanently closed once all holdings and SIPs are cleared.

How to permanently delete my Groww account? To close your Groww Demat account in 2026, follow these quick steps:

Sell your holdings and square off all positions in your Demat and trading account.
Click on the “Next” button.
Confirm the closure by selecting accept and continue.
Groww will process your closure request.
If you want to open a new Groww account with the same PAN, it will take 5 to 7 days after closure.

How long does it take to delete a Groww account? Deleting a Groww account usually takes 5 to 15 business days. The timeline depends on form submission, pending holdings, or verification delays.

What is the fee to close a Groww demat account? Groww does not charge any fee for account closure. The process is completely free once all dues are cleared.

Can I reopen my Groww account after deletion? No, the same account cannot be reopened after deletion. However, you can re-register as a new account using the same PAN.

How to Unlink PAN, Aadhaar & Bank from Groww

When you deactivate your Groww account, your PAN, Aadhaar, and linked bank account details are automatically removed from Groww’s active records. However, there are a few points to keep in mind:

PAN: Since PAN is a mandatory ID for stock market and Demat accounts, it will remain in Groww’s closed account records but can be used again if you decide to reopen or create a new account after 5 to 7 days.
Aadhaar: Aadhaar used for e-sign will also be unlinked once the account is fully closed. Ensure your Aadhaar-linked mobile number is active during the closure process.
Bank account: Your registered bank account is disconnected once closure is approved, so no further auto-debits like SIPs will occur.
What are the steps to unsubscribe from Groww emails? Open profile clicks notifications in the app or click unsubscribe at the bottom of Groww emails.

If you still find your details linked after closure, raise a request through the Groww help center, and request manual unlinking for extra confirmation.

How to remove linked bank accounts safely? To remove a bank account from Groww without closing your Demat account:

Go to the profile section in the Groww app.
Tap on bank and AutoPay.
Select the three dots next to the bank account you want to delete.
Tap delete to unlink the account.

Can I delete my Groww account without KYC? No, account deletion is not possible without KYC verification. Groww requires KYC as per SEBI regulations for both account opening and closure.

Cancelling SIPs before Groww Deactivation

Cancelling an SIP in Groww is simple and can be done directly from the app. Here’s what you need to do:

Go to the mutual funds section from your home screen.
Tap on the SIPs tab to view all your active plans.
Select the SIP you want to stop.
Click on cancel SIP in the top right corner.
Provide your reason for cancellation when prompted.
Confirm by clicking cancel SIP again to finalize the cancellation.

After completing these steps, the SIP will be stopped, and future payments will not be deducted from your bank account.

Troubleshooting: Groww Account Not Closing

Sometimes users face issues when trying to deactivate their Groww account. If your closure request isn’t successful, check these common reasons:

Make sure all shares, ETFs, and mutual fund units are either sold or transferred to another Demat account. Groww cannot close accounts with active holdings.
Cancel every SIP before closing your account to avoid automatic deductions.
Clear any outstanding dues, including brokerage charges and AMC fees.
Fill the account closure form correctly and e-sign it with your Aadhaar-linked mobile OTP.
Allow 5 to 15 working days for the account closure process to be completed.

How to escalate a Groww account deletion request? You can email at [email protected] or raise a ticket in the Groww help center if your closure is delayed.

Conclusion

In 2026, deleting a Groww account is simple, free, and secure if you follow the right steps. Ensure that all holdings and SIPs are cleared, your closure form is correctly submitted, and any dues are settled to avoid delays. Once your account is closed, PAN, Aadhaar, and bank details are unlinked, and you can reopen a new account with the same PAN after 5 to 7 days.

By completing these steps carefully, you can close your Groww Demat account smoothly without any penalties or hidden charges.

Pro Tip

Always download your account statements and tax reports from Groww before closing your account for future reference. Use our broker finder tool to find the best Forex brokers. Stay informed on the latest in stocks, CFDs, and crypto.

Frequently Asked Questions

1. Can I close a Groww account without penalty?

Yes, Groww does not charge any penalty or fee for account closure. You just need to clear all dues before submitting the closure request.

2. What happens after a Groww account is deleted?

Once deleted, your PAN, Aadhaar, and bank details are unlinked from active records. You can open a new account with the same PAN after 5 to 7 days.

3. Can I close a Groww account without logging in?

No, you must log in to the Groww app or website to submit the closure request. Account deletion cannot be done offline or without login access.

4. Can I close my Groww account if I have holdings?

No, you must sell or transfer all your holdings before requesting closure. Groww will not process account deletion with active holdings.

5. How to delete a Groww account with active SIPs?

First, cancel all active SIPs in the Mutual Funds section of the app. Once SIPs are stopped, you can proceed with the closure request.

6. How to close a Groww demat account with an open P&L?

First, you need to square off or sell all positions before submitting the closure form. Accounts with open P&L cannot be closed until holdings are settled.