SGB Analyzer

Discount Broker

How to Buy SGB on Groww

Simple guide to buying Sovereign Gold Bonds on Groww app

Groww (Billionbrains Garage Ventures)

4.3/5

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Best For

First-time investorsMobile-first users

Groww has become one of India's most popular investment apps, especially among millennials. With its clean interface and zero AMC, it's an excellent choice for buying Sovereign Gold Bonds.

This guide shows you exactly how to buy SGB on Groww, from account setup to your first purchase.

Groww SGB Charges

Account OpeningFree

Annual Maintenance (AMC)₹0 (may vary, check app)

SGB BrokerageZero ✓

DP Charges₹20 + GST per transaction

Pros

Zero brokerage on SGB
Very low or zero AMC
Very beginner-friendly interface
Excellent mobile app design
Good customer support

Cons

Limited advanced features
Web platform less powerful than app
No charting tools for SGBs
Fewer educational resources

How to Buy SGB on Groww - Step by Step

Download Groww App

Download Groww from Play Store or App Store. You can also use groww.in website. Sign up with your phone number.

Complete KYC

Submit PAN, Aadhaar, and selfie for verification. KYC usually completes in 1-2 days. You need KYC for SGB trading.

Add Funds

Add money to your Groww account via UPI, Net Banking, or NEFT. Keep enough for SGB purchase plus charges.

Go to Stocks Section

Tap on 'Stocks' in bottom menu. SGBs are traded like stocks on NSE/BSE, so you'll find them here.

Search for SGB

Use the search bar to find SGBs. Type 'SGB' to see all available series, or search specific symbol like 'SGBFEB29'.

Buy SGB

Select the SGB, tap 'Buy', enter quantity, choose price type (Limit/Market), review and confirm order.

Pro Tips for Groww

Compare prices across SGB series before buying
Use SGB Analyzer to check which SGB has best discount
Limit orders help you get better prices
SGBs are credited to demat next day after trade
Track your SGBs in Portfolio section

Calculate Your SGB Returns

Use our calculator to estimate your potential returns based on investment amount and holding period.

Frequently Asked Questions

Groww charges zero brokerage on SGB purchases. You only pay DP charges (around ₹15) when SGBs are credited to your demat account. No AMC either.

Yes, Groww is SEBI registered and your SGBs are held in a demat account with CDSL depository. SGBs are government securities, so they're very safe.

Yes, you can buy SGBs directly from the Groww app through the secondary market (NSE/BSE). During new RBI issues, you can also apply through Groww.

SGB interest is paid directly to your linked bank account on interest payment dates (twice a year). Groww just holds the SGB in your demat; interest comes from RBI.

Compare & Explore

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