What is BOID in Groww?

what is boid in groww

BOID stands for Beneficial Owner Identification Number. A 16-digit number that helps in the identification of demat accounts. For every Groww account, the BO ID will be different. Understand What is BOID in Groww by following our step-by-step guide.

Steps To Find BOID in Groww

BOID registry is done by the depository participant (DP). And the registration is done in the CDSL. But on Groww you can find BOID in  4 simple steps :

1. Open the Groww app on mobile/web.

Groww App Homepage
2. Tap “Profile”.

Marked Profile on Groww App
3. Tap “Account Details”.

Marked Account Details
4. The Demat Acc Number/BOID option will show BOID.

Marked Demat Acc Number BOID
So this is how you can find your BO ID number on Groww. And you can use it for authentication and verification. 

Also, Check - How to Do Intraday Trading On Groww App

Conclusion

For TPIN verification in Groww, BOI ID is used. Also, it strengthens the security mechanism of the Groww app. However, the BOI ID is only shown after creating the trading account in the Groww app.


Leave a Reply

Your email address will not be published. Required fields are marked *

Contact information

I am reachable via various platforms. Responses aren’t guaranteed. Please Do not message me asking for stock tips.

Important

Investments in Mutual Funds is subject to Market Risk. Please read all scheme-related documents carefully before investing. 

I do not sell stock tips or encourage you to buy any particular stocks or companies. I am a fundamental researcher, I analyze companies and share my point of view which should be taken from an informational point of view only. 

I am Registered with AMFI (Association of Mutual Funds in India) and my Registration No. ARN-289666

Please do your own research and consult your SEBI Registered investment advisor before making any financial investments.

Copyright: © 2023-24 Rohit Tripathi. All Rights Reserved.
Contact Us | Privacy Policy | Terms and Conditions