Earn ₹100 Rewards in Groww Balance
Hi Guys, I trust all of you are fine. Today I will discuss Groww App Referral Code. I know every one of you found out about this Groww Mutual Fund App previously. So assuming you need to realize How To Start Investment through Groww Mutual Fund App and how to allude and procure through Groww App then, at that point, read this article.
To begin venture through Groww App, you really wanted a record in this application. Here you can put resources into many kinds of assets like shared assets, stock assets and so on
You previously read about PhonePe Liquid Funds on this site before where you have just a single choice to contribute which is Aditya Birla Sun Life Mutual Fund. However, in Groww App you can put resources into numerous well known common assets including Aditya Birla Sun Life.
Groww App recorded top organizations for start venture through a shared asset. Which are referenced underneath.
- Pivot Bluechip Fund Direct Plan-Growth.
- Mirae Asset Large Cap Fund Direct-Growth.
- Kotak Bluechip Fund Direct-Growth.
- ICICI Prudential Bluechip Fund Direct-Growth.
- SBI Bluechip Direct Plan-Growth.
You can really look at every one of the common assets, size, rating, development, diagram and so forth in Groww Mutual Fund App.
The most effective method to Invite and Earn on Groww App
- As a matter of first importance, download Groww Mutual Fund App from above interface.
- Open App >> Log in utilizing Gmail ID.
- Presently enter your Aadhar Card connected Mobile Number and confirm it with OTP.
- Enter your PAN Card Number.
- Confirm Pan Card subtleties by tolerating it.
- Enter Date of Birth, Gender, Occupation and Yearly Income.
- Enter your Parent's (Father or Mother) Name.
- Select Bank Account, where you need to accept your Sign-Up and Referral Balance.
- Enter your Bank Account Number.
- They will send ₹1 to confirm it.
- Transfer your Bank Statement (Photo of first page or a drop Check). In the event that you have entered Payments Bank subtleties, transfer screen capture or advanced explanation.
- Add candidate or skirt this part.
- At long last, take a selfie and transfer PAN, Aadhar Photos.
- Complete a Digital Signature. Enter Aadhar OTP again time.
Groww App Review
How To Create Account in Groww Mutual Fund App
To create an account in Groww Mutual Fund App, you have to follow some basic steps.
- First of all Download and Install Groww App.
- Sign up with Google or using another email.
- Enter Mobile no and verify using OTP.
- Enter PAN Card Number and Verify your name.
- Now enter your Bank IFSC Code and Bank Account details.
- Submit Nominee Name, relation with you.
- Done! Your account on Groww App has been created successfully.
Various Mutual Fund Options
In Groww Mutual Fund App there are many options available for investment. Few of them are-
- High Returns.
- Tax Saving.
- Better than FD.
- SIP with ₹500.
- Gold Funds.
You can start investing in Groww Mutual Fund App in One Time or Monthly SIP. If you select the One Time Investment option then you can start with as low as ₹5000 in India. Whereas if you select monthly SIP then you can start it with from Rs 500 as well.
How To Buy Stocks
You can buy stocks easily through the Groww app. But to do this you need a Demat account first and some money into your Groww balance. If you do not have any balance in your Groww wallet then you can simply add money and proceed further or you can use your referral amount to buy any stocks.
- First of all search any Stock or select any stock from the explore tab.
- Tap on Buy.
- Enter Quantity (Qty) and choose NSE or BSE.
- Tap on ‘Buy Now’.
- You will get to see your Stock on the Dashboard tab.
How To Start SIP
If you want to start a SIP in Groww Mutual Fund App is very easy and simple. There are few steps you have to complete for starting investment in Groww App.
- First of all, click on Explore Mutual Funds option.
- Search or choose a mutual fund on which you want to start SIP.
- Choose ‘Monthly SIP’.
- Enter the amount to invest.
- Pay via UPI/ Netbanking or Bank Transfer (NEFT).
So there are a few simple steps for starting a SIP in Groww App.
Invest in Mutual Fund
Like SIP investing is also very simple in Groww App.
- Open Groww App and choose a mutual fund.
- Select Monthly SIP or One Time.
- Enter amount (minimum Rs 5000 for One Time).
- Pay the amount via UPI, Bank Transfer or Net Banking.
How To Withdraw Money From Groww App
If you want to withdraw your funds from Groww Mutual Funds App then you can do by following the below steps. Please note once you submit a withdrawal request it will take some time to reflect on your bank. Usually, it takes 3-4 days, so keep calm after withdrawal request submission.
Also remember if you invested in Tax Saving Funds, then it is locked for 3 years.
- Open Groww Mutual Fund App.
- Tap on Dashboard option.
- Select Mutual Fund which you want to redeem from.
- Then press the Redeem button.
- Enter the amount to redeem.
- Now press on ‘Confirm Withdrawal’.
How To Add Money in Groww Mutual Fund App
Like other popular apps, Groww also launched add money offers. A few days ago Amazon Add Money offer was launched. A lot of people applied those kinds of offers to earn some cashback.
If you don’t know how to add money to Groww App then read the below steps.
- Open Groww App.
- Tap on the profile icon and then choose ‘Add Money’.
- Enter the amount and choose ‘ADD MONEY’ option.
- If you don’t want to make payment through the default payment option then choose ‘More Options’.
- After that complete payment using PhonePe, other UPI apps, Bank Transfer via NEFT/RTGS/IMPS, Net Banking etc.
Add Bank Account in Groww App
- First of all, open the Groww app.
- Tap on the profile icon.
- Choose the ‘Bank and Autopay’ in the ‘My Account’ tab.
- Tap on ‘Add Another Bank’ option.
- Search Bank by name or select from the below options.
- Enter Bank account number and verify bank.
- They will deposit ₹1 into your bank account to verify your account.
- If you have entered the correct details then the bank account will be added successfully.
- After that, you can easily remove another bank or make primary bank between any one.
Groww App Rewards Offer
If you have a few numbers of followers then without investing you can earn money from Groww App. I like this Groww App Referral Code offers a lot. Because it helps me to earn some extra money by inviting a friend.
You can earn up to rs 10000 per invite. This is very much similar to Google Pay Invite and Earn Offer. Every time a new friend sign up on Groww App using your invite code you will get a Green card.
- Open Groww App.
- Tap on ‘You’ in the below section.
- Scroll down and tap on ‘Invite and Earn Rewards’.
- Tap on ‘Share on Whatsapp’.
FAQ: Groww App Referral
You can add money to the Groww app by tapping on the profile image. Here you will get to see an option called add money. Simply enter the amount and make a payment.
First of all, tap on the profile image icon and then tap on add money. Here you will get to see an option called ‘more options’. Simply tap on it and choose ‘net banking’ to add money by net banking.
If you share the Groww app with your friends and if they open their Demat account from your invite link then you will get ₹100 into your Groww balance. You can withdraw the Groww referral amount or can invest it to buy stocks or mutual funds.
First of all, tap on the profile image icon and then check your total available balance. Here you will get to see an option called ‘Withdraw’. Simply tap on that and enter the amount or choose ‘Withdraw All’ to withdraw all balance. The money will successfully be credited to your below-mentioned bank account within 48 hours.
The rewards will be unlocked when their stocks account is activated. Once they signup and open their stocks account you will get a ₹100 into your Groww balance.
First-time users will get a ₹1 into their Bank account and a ₹100 into their Groww balance.
The Groww share and earn option is not showing into your account is because you have not invested any amount yet. The Groww referral program is for those people who have invested money through the Groww app.
Conclusion
I have written this Groww App Review because I have been using it for the last month. My experience with this app was fantastic so far. If you want to start investing in mutual funds then Groww App will be a good choice for you.
You can start One Time or Monthly SIP in Groww Mutual Fund App. If you wish One time then you can start it with as low as Rs 5000. But in Monthly SIP you can start investment from Rs 500.
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