https://assets-netstorage.groww.in/web-assets/billion_groww_deskto…/open-demat-account-0fea3b38db02ca28.js

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It helps to store shares in electronic form.</p>"},{question:"Why is demat account necessary?",answer:"<p>It is manadatory according to Indian stock market regulations to open a demat account before investing in shares or participating in IPOs</p>"},{question:"What are the documents required on Groww?",answer:"<p>\n      The  documents required on Groww are <b>PAN Card</b> and one of the following:\n      </p>\n      <ul>\n        <li>\n          Valid Passport.\n        </li>\n        <li>\n          Aadhaar Card.\n        </li>\n        <li>\n          Voter ID Card.\n        </li>\n        <li>\n          Driving License.\n        </li>\n      </ul>\n    "},{question:"Does Groww charge for opening a demat account?",answer:'\n    <p>\n      Account opening = Rs 0\n      <br />\n      Annual maintenance charge (AMC) = Rs 0\n      <br />\n      Brokerage = Rs 20 or 0.05% per order (whichever is lower)\n      <br />\n      Regulatory &amp; statutory charges, penalties, and GST is extra and depends on the type of order.\n      You can use the brokerage calculator to get an estimate of all the charges involved.\n      Also, you can know all about our charges by reading our pricing section in detail.\n      Click on the button below to go to the brokerage calculator or pricing page.\n      <br />\n      <br />\n      <a href="https://groww.in/pricing">Go to Pricing</a>\n    </p>\n    '},{question:"How much time does it take to open a demat account on Groww?",answer:"<p>If you are opting for online KYC, it takes less than 24 hours for your demat account to become active.<p>"},{question:"Am I eligible to open a demat account on Groww?",answer:"<p>You can open a demat account for yourself once you turn 18 years old.</p>"},{question:"Is a demat account necessary for applying for an IPO?",answer:"<p>Yes. Demat account is required for all kinds of stock market transactions.<p>"},{question:"Do I need a demat account for SIP?",answer:"<p>A demat account is mandatory only for stock market transactions, not for mutual fund investments (including SIP).<p>"},{question:"When will the stocks be delivered to my demat account?",answer:"\n      <p>The stocks will be delivered at the end of the 2nd day after the transaction (T+2 day). 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