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    Is there any limit on the number of eATM trades I can place on a daily basis?

    You can place multiple trade in eATM but limit is on total transaction value. The Minimum daily limit of eATM is Rs 50000 per customer and maximum daily limit of eATM is depend on prime or prepaid plan selected. ICICI Direct can however change this limit at its discretion. This limit is inclusive of eATM trades placed on both NSE and BSE. Please note, if this limit is breached, then you will not be able to transact in any eATM product on that day.

    What is an eATM Order?

    eATM which stands for Equity-ATM is a facility offered by ICICIdirect wherein the customer receives instant payout of 99% within 5 minutes of executing cash sell transaction. The customer doesn’t need to wait for T +1 days to receive the funds.

    How do I place an eATM Order?

    You can place eATM order by turning eATM toggle to 'ON' in "Cash sell" page under equity "Place Order". The rest of the details that need to be filled would be the same as in a normal sell transaction.

    How many scrips are available for eATM trades?

    ICICIdirect.com offers the facility of eATM on both NSE and BSE. To view the list of scrips available for eATM please visit ICICIdirect.com:

    Login > Equity> Stock list > Select the respective exchange

    In order to view the list of ETFs enabled for eATM please visit ICICIdirect.com:

    Login > Equity > ETF list

    ICICIdirect can add/delete scrips to/from these lists for which eATM would be permitted.

    Will I always receive funds payout during the day for my eATM sale transaction?

    Yes, at time of eATM sell you will receive funds in 5 minutes however I-Sec is providing eATM facility on as and when basis and has the full discretion to modify, delay or stop payout of funds.

    Is there any reason that I may not be able to place an eATM order?

    Yes, you may not be able to place an eATM order if in case:

    Your Total Current Equity Limit is negative. You can allocate sufficient funds to Equities so that your Total Current Equity Limit becomes positive.

    The daily eATM limit is breached. Please note, you will be able to place eATM orders on the next trading day with fresh limits.

    Any other reasons at the discretion of I-Sec.

    Where can I see the 'eATM Withheld amount' blocked?

    You can see it in Trade Book under Details. It can also be seen on Order Verification page at the time of eATM order placement.

    What are the charges for using eATM?

    There are no additional charges for using eATM facility. Just like a delivery sell order, brokerage will be charged as per your brokerage plan.

    RI customers can get 99% of their sell value within 5 minutes of selling their shares. The remaining 1% is credited on T+1 day after deducting brokerage and statutory charges.

    NRI customers can get 74% of their sell value within 5 minutes of selling their shares. The remaining 26% is credited on T+1 day after deducting brokerage and statutory charges.