Does Groww require a Demat account?

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Are you a day trader?

No, Groww does not require you to mandatorily open a Demat account along with a trading account in case you already have a Demat account.

However, it is advisable to open a trading and Demat account with the same broker for seamless transactions. Moreover, since Groww offers free account opening with zero maintenance charges, it is recommended to open both accounts with Groww for your benefit.


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