How to Delete Your Groww Account: Step-by-Step Guide

How do you delete a Groww account? Sell or transfer all holdings, cancel any active SIPs, clear outstanding dues, then submit the account closure request and confirm with Aadhaar OTP. The process is free and usually takes 5 to 15 business days. This guide covers the steps, unlinking your details, cancelling SIPs, and troubleshooting.

Steps to delete your Groww account

1. Sell your holdings and square off all positions in your Demat and trading account.
2. Cancel all active SIPs (see below).
3. Clear any outstanding dues, including brokerage and AMC.
4. Submit the account closure request and confirm by selecting accept and continue.
5. Groww processes your closure request.

How long does it take? Usually 5 to 15 business days, depending on form submission, pending holdings, or verification delays.

Is there a fee to close a Groww account? No. Account closure is completely free once all dues are cleared.

Can I reopen a closed account? No. The same account cannot be reopened, but you can re-register as a new account using the same PAN, usually 5 to 7 days after closure.

Cancelling SIPs before closure

Cancel all active SIPs first to avoid future deductions:

1. Go to the Mutual Funds section from your home screen.
2. Tap the SIPs tab to view active plans.
3. Select the SIP you want to stop.
4. Click Cancel SIP in the top-right corner.
5. Provide a reason when prompted.
6. Confirm by clicking Cancel SIP again.

Unlinking PAN, Aadhaar, and bank details

After closure, your linked details are removed from active records:

• PAN: remains in Groww’s closed-account records (as required for stock market accounts) but can be used again if you reopen a new account.
• Aadhaar: unlinked once the account is fully closed. Keep your Aadhaar-linked mobile number active during closure.
• Bank account: disconnected once closure is approved, so no further auto-debits (like SIPs) will occur.

To remove just a bank account (without closing the Demat account): go to Profile, tap Bank and AutoPay, select the three dots next to the account, and tap Delete.

Can I delete my account without KYC? No. Account deletion requires KYC verification under SEBI rules, just like account opening.

Troubleshooting: account not closing

If your closure request is unsuccessful, check these common reasons:

• All shares, ETFs, and mutual fund units must be sold or transferred first. Groww cannot close accounts with active holdings.
• Every SIP must be cancelled to avoid automatic deductions.
• Any outstanding dues (brokerage, AMC) must be cleared.
• The closure form must be filled correctly and e-signed with your Aadhaar-linked mobile OTP.
• Allow 5 to 15 working days for completion.

How do I escalate a delayed closure? Email [email protected] or raise a ticket in the Groww help centre.

Conclusion

Closing a Groww account is simple, secure, and free when all requirements are met. Whether you are switching brokers or simply moving on, make sure all holdings, SIPs, and dues are cleared before submitting your request. Following the correct steps helps ensure a smooth and timely closure.

One tip before you close: download all contract notes, tax statements, and account reports first, as these may be useful later even after your Demat account is deleted.

Frequently asked questions

Can I delete my Groww account permanently? Yes, after selling or transferring all holdings, cancelling SIPs, and clearing any outstanding dues.

How long does closure take? Usually between 5 and 15 business days.

Are there any charges for closing a Groww account? No. Account closure is completely free.

Can I reopen a closed Groww account? No, but you can create a new account using the same PAN after closure is complete.

Do I need to withdraw funds before closing? Yes. Withdraw all available funds before initiating the closure request.