Verified 2026-10-20 by Referko Senior Editor

Groww Referral Code & Free Demat Account Welcome Offer

Free Demat Account + ₹0 AMC for Year 1

Groww Verified Promotion

Open a 100% paperless Demat and Trading account with ₹0 account opening fee and zero maintenance charges for the first year. Start investing in Direct Mutual Funds with 0% commission.

No Code Required The referral benefit is automatically activated via the verified partner button below.

Claim Groww Offer

Verified Offer Specifications

Brand / Platform Groww

Reward Free Demat Account + ₹0 AMC for Year 1

Eligibility New Indian users opening an investment account on Groww for the first time with valid PAN and KYC documents.

Expiry Date Ongoing / Subject to brand review

Last Audited 2026-10-20 by Referko Senior Editor

Official Sources Source 1 Source 2

Groww Investment Platform Details

Groww is one of India’s largest and most popular investment platforms, offering direct mutual funds, Indian equities, US stocks, fixed deposits, and digital gold in a single, intuitive interface.

Key Offer Highlights

Zero Commission Mutual Funds: Invest in direct mutual funds without paying distributor commissions.
Transparent Stock Brokerage: Flat ₹20 or 0.05% (whichever is lower) on equity trades.
Paperless KYC: Fast verification process via DigiLocker and Aadhaar e-sign.

How to Redeem the Groww Referral Code

1
Click the verified Groww referral link on Referko.
2
Download the official Groww mobile app or continue on desktop web.
3
Verify your phone number and email address with OTP.
4
Submit your PAN card details and bank account for verification.
5
Complete Aadhaar-based e-Sign to instantly activate your account.

Offer Terms & Eligibility Rules

Free account opening applies to standard individual accounts.
Direct mutual fund investments remain zero commission indefinitely.
Equity brokerage is capped at ₹20 or 0.05% per executed trade, whichever is lower.

Frequently Asked Questions

Is Groww demat account free to open?

Yes, account opening on Groww is 100% free with no hidden onboarding fees.

Do I need a separate promo code for Groww?

No separate promo code is needed if you register through the verified link.