Investing via Groww App (Refer & Earn) | Saral Tax India | सरल टैक्स इंडिया

Investing via Groww App (Refer & Earn)

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Investing via Groww App (Refer & Earn) Groww app offers to invest by your mobile it is very easy to use the app. You can easily invest in the MF.

Investing via Groww App (Refer & Earn)
At the current time, everybody is investing in the share market and of this, we have to open a Demat account. many broker firms are there in which you can open a Demat account like angle broking, 5paisa.com, Motilal Oswal, swastika, Zerodha, Groww, Upstox.

Today we are giving details about the Groww app which is used by us personally. The Groww application is available for both Android as well as IOS and Web app.

Groww app is launched by the former Flipkart employees, Harsh Jain, Lalit Keshre, Ishan Bansal, and Neeraj Singh in December 2017, it is the fastest-growing investment platform in India. Since its launch, the user base has grown from zero to 2 million.

Groww app offers to invest by your mobile it is very easy to use the app. You can easily invest in the mutual fund of any AMC from the app and also track your portfolio.
The best part about the app is that there is no commission charge to use this service, and the commission goes in direct mutual funds where no commissions are paid to agents/advisors, which also save you money.

Open Account with Groww

you don't have to pay any single rupee to open an account with Groww.
You can register in Groww App very easily. You just need some important documents that are:
  • Aadhar Card
  • Pan Card
  • Bank Detail
  • Internet Banking
  • Google Account / Gmail
Account opening Process step by step
  1. First, install App then enter mail id or continue with google.
  2. Enter your mobile no. make sure your UPI number and Groww mobile number is the same.
  3. then Enter PAN card no.
  4. Enter personal Details
  5. After Fill Up Your Details Just Click On Next.
  6. Now Enter Your KYC Details Like Your Annual Income, Occupation, Mother name and Father name
  7. After Fill up, Your All KYC Details Just Click On Next.
  8. After that They will ask For Add Your Nomination. You can Choose Yes Or No Option As Your Wish.
  9. Now Enter Your Bank IFSC Code and Click Next
  10. Then Enter Your Bank Account Number And Click On Next. (For Bank Verification They Will Send ₹1 In Your Bank Account). You Can Also Use Any Payment Bank.
  11. Now They will ask for Signature Verification Just Click On The Pen & Book Image & Sign Your name In The Blank Page. And Click On Sign.
  12. Now Your account is almost ready. Just Click On Invest In Mutual Fund.
  13. HURRY!! After Aadhar OTP Verification you will Get Rs.100 Instantly on your Screen as a Scratch Card.

Investment options in Groww App

1. Investment in shares.
2. invest in any fund via SIP or one time
3. Redeem from any fund
4. cancel/stop any current sip
5. Stepup or increase the current SIP Amount.
6. Invest in IPO/ Futures & Options
7. Invest in US Stocks

Products of Groww

Smart Save

SmartSave is a feature introduced by Groww that lets you store money while earning higher returns than a savings bank account. When you keep your money in a savings bank account, you get a return of around 3.5% per annum. With Smartsave, you can get higher returns as compared to the savings account.

NFO

NFO is the first subscription offering for any new fund being launched by an investment company.

Track

Import and manage all your mutual Funds.

Compare Funds

This feature is for those who prefer to compare before investing. You can compare a maximum of 3 mutual funds at a time.

Groww App Refer And Earn

You will get a cash reward of Rs 100 for every referral you make provided your friend downloads the app from the valid and unique referral link and completes the onboarding process. Your friend also gets Rs 100 for opening an account on Groww!

To refer a friend, go to the 'You' tab on the Groww app and scroll down to the Invite & Earn section. Click on 'About Invite' and then 'Invite Friends' to share the link with your friends on Whatsapp. Ask your friends to complete the entire account opening process to claim their reward.

Once they finish activating the account, Rs 100 will get added to their Groww Balance as well as yours. To get the reward, your own stocks account should also be activated.
  1. Open Groww App
  2. Go To Groww App Refer And Earn Section.
  3. Share the referral code with your friend Groww App Referral Code ( artxpy63 )
  4. When they invest more than Rs 2000, you will get a green card
  5. A green card means you get a reward of Rs 100 at least
  6. The reward will be transferred to your Groww linked bank account immediately using UPI
  7. Done! You can see the progress of your referrals by pressing the 'Groww REFERRALS' Tab.
Note: Groww referral works only on the app, not the website. Make sure the link you share is used to sign up.

Referral Terms And Conditions

Terms and Conditions for Participating in the Groww Referral Program

The Referral Partner refers to all users of Groww who participate in the Groww Referral program.
  1. The Referral Partner shall refer only the prospective investors and not solicit anyone to invest in mutual funds or through the Company.
  2. The Referral Partner shall register and fill his/her personal details in the requisite registration form and all the details entered shall be true to his/her knowledge and belief.
  3. For each referral, the Referral Partner shall be remunerated as described in the offer.
  4. The Referral Partner shall not rebate or commission back to the prospective investor and abstain from attracting investors through the temptation of rebate/gifts etc.
  5. The Company reserves the right to exercise due diligence on the Referral Partners and have a check on the mode of getting an investor.
  6. The Company reserves the right to delist or reject the Referral Partner’s referral and/or honour the obligation of paying remuneration for any reason, as the Company may deem fit, including for the reason of breach of the terms and conditions herein.
  7. The Referral Partners shall not solicit or give any financial advice to the prospective investor and ensure a high standard of integrity, dignity, fairness, ethics, and professionalism while referring the prospective investors to the Company.
  8. By referring investors or being a part of the referral program, the Referral Partner shall not become employee/agent/associate/representative of the Company and the Referral Partners shall refer prospective investors in his/her own individual capacity.
  9. The Company shall not be liable or responsible to the Referral Partner or the prospective investor referred to by the Referral Partner for any loss or damage that may cause to the Referral Partners or the said prospective investor for/while making the investments in mutual funds by the prospective investor.
  10. The Referral Partners agrees and acknowledges that Mutual Fund investments are subject to market risks and the prospective investors are obligated to read all scheme-related documents carefully. The Referral Partner shall, therefore, not advise on the mutual fund investments at all while referring the prospective investors. The Company disclaims all its liabilities for any loss or damage caused to the prospective investor or the Referral Partners based on his/her advice/act/representation or omissions.
  11. The Referral Partner shall indemnify the Company for any loss or damage that may cause to the Company or any of its directors, associates, employees, shareholders or personnel due to the breach of the terms and conditions contained herein.
  12. The Referral Partner shall not resort to unfair means for inducing prospective investors to invest in a mutual fund or to refer it to the Company, and shall not at any time act in collusion with other intermediaries to induce the investors as such.
  13. The Referral Partner shall disclose his/her personal interest to the prospective investor in the program before referring it to the Company.
  14. The Referral Partner shall not disclose the confidential information of the prospective investor or the Company to anyone. For the purposes of these terms and conditions, confidential information shall include personal information and the investment plan of the prospective investors.
  15. All the trademarks, copyrights and other intellectual property of the Company remain with the Company only and the Referral Partner shall not be entitled to use them unless prior written approval is taken for the same.
  16. The Referral Partner shall not indulge in any activity other than mentioned herein concerning the Company and the prospective investor.
  17. No rewards shall be given to the Referral Partner if the registering user’s PAN is found to be already registered on Groww.
  18. The Referral Partner cannot refer himself/herself.
  19. By participating in this referral program, the Referral Partner agrees to all the Terms and Conditions mentioned above.
  20. The current referral program commenced on September 30, 2021.
  21. The referral program shall be valid only for sign-ups, account creations, and investments made using the Groww app.
  22. Any person referring new users to Groww will be rewarded only for a maximum of 1000 people referred.
  23. Account activation is completed only when the user’s stock account is activated and all documents have been verified.
  24. The Groww Refer and Earn Program is only eligible for users who have invested through the Groww Platform.
Groww Customer care / Helpline: support@Groww.in

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Saral Tax India | सरल टैक्स इंडिया: Investing via Groww App (Refer & Earn)
Investing via Groww App (Refer & Earn)
Investing via Groww App (Refer & Earn) Groww app offers to invest by your mobile it is very easy to use the app. You can easily invest in the MF.
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