When you trade in the stock market, your stockbroker provides you with the stock margin so that you can trade for a larger monetary value. This helps you to increase your profit potential (although it increases your chances of higher loss too). Stock Margin in Groww implies the same thing.
With the new margin policies in place by SEBI, you can buy the stock for just 20% of the overall value.
For example, if you would like to buy 10 Reliance shares that are currently trading at INR 2492, then instead of shelling out INR 24920, you could just buy them for INR 4984.
Hope we were able to clarify the concept of Stock Margin in Groww for you.
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