How to Find Your Groww BO ID Easily

Trying to figure out what a BO ID is on Groww? You're not alone. Most people open their investment accounts, start trading, and then one day stumble onto this strange thing called a "BO ID". Suddenly, it's everywhere—when you transfer shares, update your details, or link to another platform. And if you don't know where to find it, you may feel unnecessarily confused.

Here's the thing: your BO ID is important. It's basically your identity in the stock market world—without it, managing or transferring your investments can turn into a hassle.
But don't worry, it's not complicated. You don't need any special forms or complicated processes. Finding your BO ID on Groww is super easy—if you know where to look.

Table of Contents

• What is BO ID in Groww?
• How to Find Your BO ID in the Groww App
• Why Do You Need Your Groww BO ID? 

What is BO ID in Groww?

When you open a Demat account with Groww, you are assigned a BO ID. It is short for Beneficial Owner Identification Number.

This is a unique, non-transferable 16-digit number that acts as your official identity in the stock market. It links you directly to every security you own (shares, mutual funds, ETFs, and bonds), in an electronic, dematerialised form.

In Groww's case, your account is maintained with the CDSL (Central Depository Services Limited), one of India's 2 main national depositories. Therefore, your Groww BO ID follows the CDSL standard format—a purely numeric 16-digit code.

Understanding what is BO ID in Groww is crucial if you want to manage your investments smoothly through the Groww app.

How Your BO ID Groww is Structured

Your BO ID in Groww is not just a random set of numbers. It's divided into 2 meaningful parts:

• First 8 digits: This is the Depository Participant ID (DP ID), which identifies Groww as your broker within the CDSL. For all Groww users, this DP ID is always “12088700”.
• Last 8 digits: This is your Client ID, which is unique to you within Groww's system.

When you combine these 2 parts, you get your full BO ID of Groww. It will always look like 12088700xxxxxxxx, where the last 8 digits are specific to your account.

Groww only uses CDSL as its depository partner. Therefore, your BO ID for CDSL Groww will always be a 16-digit purely numeric code. NSDL accounts (used by some other brokers) start with 'IN' followed by 14 numbers, but you don't need to worry about that for Groww.

And if you're searching for "How to find BO ID in Groww?" or Find BO ID in Groww, you just need to check the "Profile" or "Demat Details" section inside the Groww app BO ID settings.

On Groww, your BO ID and your Demat account number are the same. So, when someone asks what BO ID Groww means, it simply points to your unique Demat identity.

You can easily check your BO details in Groww under the "My Account" section of the app.

Why is the BO ID on Groww Important?

Your BO ID in Groww is critical for almost every major transaction related to your investments.

Here's why:

• Ensures buy and sell orders are properly recorded in your name
• Links you accurately when you apply for IPOs
• Makes sure you receive dividends, bonus shares, and stock splits
• Protects your ownership rights in case of any dispute or verification

Without a valid Groww BO ID, your investments wouldn't be properly tied to you. And in case you're wondering, "What is BO ID in Groww app?" or BO ID Groww app, it's simply your digital fingerprint in the Indian securities ecosystem.

Who is the "Beneficial Owner"?

In the Groww system, you are the beneficial owner. Even though the CDSL and Groww facilitate the storage and transaction of your investments, you, the investor, maintain full ownership. When you hear terms like "Groww BO details", "BO ID in Groww means", or "My BO ID Groww", remember—it's your guarantee that your investments are securely and officially linked to you.

In short, your Groww BO ID is your official identity in India's stock market landscape. It securely links you to all your investments, ensures smooth transactions, and protects your ownership rights.

Knowing your BO ID in the Groww app isn't just a nice-to-have—it's essential if you want full control over your portfolio.

How to Find Your BO ID in the Groww App

Need your BO ID in Groww? Good news—it's super simple. Whether you're using the Groww app or the website, locating your unique 16-digit Groww BO ID takes just a few taps or clicks.

Here's your no-nonsense, step-by-step guide on how to find BO ID in Groww: 

On the Groww app:

1. Log in: Open the Groww app and securely log in with your credentials.
2. Go to your profile: Tap on the 'You' tab at the bottom of the screen.
3. Select account details: Within the profile menu, find and tap on 'Account Details'.
4. Find your BO ID: Scroll down. Your BO ID in the Groww app will be listed clearly under the section labelled "Demat Account Number" or simply "BO ID".

Your BO ID Groww will start with 12088700 (Groww's DP ID), followed by your unique 8-digit Client ID (as we already discussed).

On the Groww website:

1. Log in: Visit Groww.in and sign in to your account.
2. Profile access: Click on your profile picture or name at the top right.
3. Head to account details: From the dropdown, select 'Account Details' or 'Settings'.
4. Locate your BO ID: Scroll through the page—your BO ID on Groww will be shown in the same section where your Demat account information is displayed.

On Groww, your Demat account number and BO ID are the same. No need to hunt for 2 different numbers.

Alternative Ways to Find Your BO ID Groww

Can't access the app or website right now? Don't panic. There are a few other official ways you can find your BO ID in Groww:

1. Welcome kit or welcome email: When you opened your Groww Demat account, you should have received a welcome email or kit. It contains all your important account details, including your BO ID number Groww.

2. Consolidated Account Statement (CAS): Every few months, you'll receive a CAS from the CDSL directly to your registered email. This statement summarises your holdings across all Demat accounts linked to your PAN, and clearly mentions your BO details Groww.

3. Client Master Report (CMR): You can easily download your CMR copy from Groww:

   1. Open the Groww app.
   2. Navigate to Profile > Reports > CMR Copy.
   3. Download your Client Master Report.

Your BO ID for Groww will be clearly listed there under ‘Demat Account’ details.

4. Contact Groww customer support: Still can’t find it? Reach out to Groww's customer support team. Be ready to verify your identity—after that, they'll share your Groww app BO ID information safely.

Whether you were searching for, "How to get BO ID in Groww?", "How to know BO ID in the Groww app?", or simply wondering "What BO ID Groww is?", now you know exactly where to look and how easy it is.

If you're curious about broader terms like "What BO ID in Groww," "What is Grow BO ID," or "Find BO ID in Groww app," all of it boils down to finding your 16-digit Demat number inside the Groww app or website.

Why Do You Need Your Groww BO ID? 

Your BO ID in Groww is an essential part of managing your investments securely and efficiently within the Indian financial system. From proving ownership of your securities to enabling secure transactions, understanding and knowing your Groww BO ID can make a big difference in the smooth functioning of your Demat account.

1. Proof of ownership and unique identification

Your BO ID on Groww uniquely identifies the stocks, mutual funds, ETFs, bonds, and other securities you own. It links you to your investments, ensuring that you have official ownership of the assets in your Groww Demat account. 

2. Secure transactions and transfers

To sell shares through the Groww platform, you need to authorise the transaction using TPIN (Transaction Personal Identification Number) and OTP. Both of these steps require your BO ID to ensure that only you, the account holder, can authorise these actions. The same goes for transferring shares to another account.

3. Participating in IPOs

You'll need to enter your 16-digit BO ID when applying for IPOs. This ensures that if you're allotted shares, they are credited to your Demat account tied to that specific BO ID. It's crucial to input your Groww BO ID correctly to ensure that your IPO allotment is successfully linked to your account.

4. Receiving dividends and corporate benefits

Companies rely on the BO ID recorded in the system to distribute these benefits to the correct shareholders. Without a correct BO ID in Groww, you risk missing out on these financial rewards.

5. Pledging shares for loans

BO ID is used to identify the specific shares that you wish to pledge. Your BO ID for Groww is tied to the shares in your Demat account, and lenders will require this ID to mark your shares as pledged.

6. E-voting on shareholder resolutions

As a shareholder, your BO ID on Groww is used to verify your identity and voting rights. The number of shares in your account determines how many votes you have. This ensures that your voting power is accurately reflected in the decision-making process.

7. Managing your portfolio and reports

Your Groww BO ID is used to generate account statements and reports that track your transactions, holdings, and performance. These reports, such as CAS, are directly linked to your BO ID, and knowing it allows you to monitor and verify your investments with ease.

Your BO ID in Groww is not just an identifier; it is a critical part of managing your investments securely and efficiently. By finding your Groww BO ID and understanding its importance, you can ensure that your investments remain secure, organised, and fully under your control.

Conclusion

BO IDs might seem confusing at first, but they're simply your official ID in the stock market. Whether you're buying, selling, applying for IPOs, or tracking dividends, your BO ID is key to making sure everything is properly recorded. Now that you know where to find it, managing your investments is much easier.

But understanding your BO ID is just one part of the equation. If you're serious about investing, you need a broker that fits your needs. Don't just go with the most popular one—take time to choose wisely.

That's where Finology Select comes in. It lets you compare brokers easily, considering factors like charges, features, and service quality, with real users' reviews. No confusing terms or hidden fees—just straightforward comparisons based on solid data. Find the best broker for you today.

FAQs

1. What is the difference between BO ID, DP ID, and Client ID on Groww?

Your BO ID is a 16-digit number that acts as your Demat account number with Groww. It combines two parts:

• The first 8 digits are Groww's DP ID (which is 12088700)—this identifies Groww as your broker with the CDSL.
• The last 8 digits are your personal Client ID, which is unique to you inside Groww's system.

Together, the DP ID and Client ID make up your complete BO ID.

2. Is my Groww BO ID the same as my Demat account number?

Yes. On Groww (since it is linked to the CDSL), your BO ID and Demat account number are exactly the same thing. You don't need to remember 2 separate numbers—just your 16-digit BO ID.

3. My Groww BO ID is a 16-digit number. Why do some platforms mention 'IN' plus 14 digits?

Some brokers use NSDL as the depository, where BO IDs start with 'IN' followed by 14 numbers. Groww uses CDSL, where the BO ID format is only 16 digits, with no alphabets.
So if you are on Groww, you will always have a simple 16-digit BO ID.

4. Where exactly can I find my BO ID on the Groww app or website?

• Open the Groww app → Tap on the 'You' section at the bottom → Go to 'Account Details'.
• Or, if you're on the website, click on your profile icon (top right) → Select 'Account Details'.
• Inside 'Account Details', you will find your Demat Acc Number or BO ID, which starts with 12088700. This 16-digit number is your Groww BO ID.

5. What is Groww's DP ID?

Groww's DP ID is 12088700. This is fixed for all Groww users and forms the first half of your 16-digit BO ID. It shows that Groww is registered as a Depository Participant (DP) with the CDSL.

6. Do I need my BO ID to set or reset my TPIN to sell shares on Groww?

Yes. When you want to sell shares using Groww, you need to authorise the transaction securely. 
To set or reset your TPIN, you must enter your 16-digit BO ID along with your PAN number on the secure CDSL page. This step ensures your shares are protected and only you can sell them.

7. Can I have multiple BO IDs?

Yes, definitely. If you open Demat accounts with different brokers (for example, Groww, Zerodha, Upstox, etc.), each account will have its own unique BO ID. You can have as many Demat accounts (and BO IDs) as you want, across multiple brokers.