How to Withdraw funds in Groww App?

how to withdraw funds in groww app

If you're using Groww to invest in mutual funds, stocks, or ETFs, at some point, you’ll want to take your money out. Whether it’s profit time or emergency time, here’s how you do it, step by step, that's how to withdraw funds in groww app.

Steps to Withdraw Funds from the Groww App

1. Open the Groww App.

Groww App Homepage2. Click on “Profile”.

Marked Profile on Groww App3. Click on the Stocks, F&O Balance option. 

Marked Stocks, F&O balance 4. On the next page, click the withdraw option.

Marked withdraw button5. Enter the amount to be withdrawn.

withdraw money page6. Now click on “Withdraw”.

marked withdraw button

Therefore, the fund will be withdrawn from the Groww account. Confirmation is easy, just check the Groww account balance.

Also, Check - How to Add Fund in Groww App

Why Is Groww Withdrawal Not Working?

If you're facing issues while withdrawing money from the Groww app, check these common problems:

Bank Not Linked Properly

  • Your bank account might not be connected correctly.
  • Fix: Go to the Profile section in the app and recheck your bank details.

Market Holiday or Weekend

  • Withdrawals don’t process on Saturdays, Sundays, or public holidays.
  • Fix: Wait for the next working day for your money to be processed.

Outdated App Version

  • An older app version might cause bugs or issues.
  • Fix: Update the Groww app from the Play Store or App Store.

Stock Settlement Time (T+1 Day)

  • Stocks take 1 business day to settle after selling.
  • Fix: If you sold stocks today, wait till tomorrow evening.

Locked-In Mutual Funds (Like ELSS)

  • Some funds have a 3-year lock-in period (especially ELSS).
  • Fix: You can’t withdraw these until the lock-in period is over.

Conclusion

In conclusion, withdrawing funds from the Groww app is quick and easy. Just open the app, select what you want to withdraw from, confirm the amount, and you’re done. Remember: Money goes straight to your bank, mutual funds take 1-3 days, stocks settle the next day, no charges for withdrawal (usually), or always check exit load and lock-in rules. Once you get the hang of it, withdrawing money from Groww feels like ordering food online, tapping a few buttons, waiting, and your money lands in your bank account.

About the Author

Vikash Sharma

After writing content around various niches, I got aligned towards finance and started writing content that provides finance insights.

View All Articles by Vikash Sharma

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