Introduction
How to Add Money in Apps like Groww and Angel One: A Complete Guide: Investing has never been easier! The stock market opens doors to students through Groww and Angel One applications. Stock and mutual fund purchases require a previous transaction that adds money to Groww accounts or makes fund deposits in Angel One systems. You do not need to be confused about the process because this guide will show you step by step instructions to achieve secure fund transfers. You can find simple sequential instructions for fund transfers in this guide.
Why Add Money to Groww and Angel One?
Before you begin, you should know why it’s important:
- To buy stocks, mutual funds, and ETFs.
- To start systematic investment plans (SIPs).
- To take advantage of market opportunities quickly.
Whether you’re adding a small or large amount, these platforms provide safe and secure methods to transfer money.
Methods to Add Money to Groww and Angel One
There are multiple ways to transfer funds into your trading account. The table below summarizes them:
| Payment Method | Supported by Groww | Supported by Angel One | Time Taken |
|---|---|---|---|
| UPI | ✅ Yes | ✅ Yes | Instant |
| Net Banking | ✅ Yes | ✅ Yes | A Few Minutes |
| Debit Card | ✅ Yes | ❌ No | Instant |
| NEFT/RTGS | ✅ Yes | ✅ Yes | 2-4 Hours |
| IMPS | ✅ Yes | ✅ Yes | A Few Minutes |
Each method has its pros and cons. Let’s go through them one by one.
Step-by-Step Guide to Add Money in Groww App
Using UPI (Most Recommended)
- Open the Groww app and go to the Funds section.
- Tap on Add Money.
- Choose UPI as your payment method.
- Enter the amount and your UPI ID.
- Approve the transaction on your UPI app (PhonePe, Google Pay, etc.).
- Done! Your money will be added instantly.
Using Net Banking
- Select Net Banking while adding money.
- Choose your bank and log in.
- Approve the payment, and the funds will reflect in a few minutes.
Using NEFT/RTGS
- Go to your bank’s app or website.
- Add Groww’s beneficiary details.
- Transfer money through NEFT or RTGS.
- Wait for a few hours to get it credited.
How to Transfer Funds in Angel One Account
Just like Groww, Angel One fund transfer can be done via different methods.
Via UPI (Fastest Method)
- Open the Angel One app.
- Tap on Funds > Add Money.
- Select UPI and enter the amount.
- Approve the payment on your UPI app.
- Funds will be added instantly.
Via Net Banking
- Choose Net Banking as the payment option.
- Log in to your bank and approve the transfer.
- Your balance will be updated in a few minutes.
Via IMPS (For Quick Transfers)
- Open your bank’s app and go to IMPS transfer.
- Enter Angel One’s account details.
- Complete the transfer. The amount will reflect soon.
Troubleshooting Payment Issues in Groww & Angel One
Sometimes, payments might not go through. Here’s how to fix common problems:
| Problem | Solution |
| Money deducted but not added | Wait for 24 hours or contact support. |
| UPI payment failing | Check internet connection and UPI ID. |
| NEFT/RTGS not reflecting | Ensure correct beneficiary details were used. |
| Bank transfer failed | Try again with another method. |
If the issue persists, reach out to Groww or Angel One customer support.
Minimum Deposit Required to Start Investing
Platform
| Platform | Minimum Deposit Required |
| Groww | ₹0 (No minimum) |
| Angel One | ₹0 (No minimum) |
Unlike traditional brokers, these apps allow you to start investing with any amount!
Conclusion
Adding money to Groww and Angel One is quick and simple if you follow the right steps. Whether you prefer UPI, Net Banking, or NEFT, you can fund your account easily. Once your funds are added, you’re all set to start investing in stocks, mutual funds, or ETFs. Happy investing!
FAQs
How long does it take to add money to Angel One?
It depends on the method. UPI and Net Banking are instant, while NEFT/RTGS can take a few hours.
What is the safest way to transfer money into Angel One trading account?
The most secure method is UPI or Net Banking as they are fast, secure and reliable.
Can I use my parent’s bank account to add money to Groww?
No, the bank account must be in your name for security reasons.
Why is my Groww payment failing?
This could be due to server problems, an incorrect UPI ID, or a slow Internet connection. Try again after a while.
Is there a limit on how much money I can add to Groww?
There is no fixed limit, but UPI has a daily transaction limit of ₹1 lakh per day.
