ICICIdirect NEO brokerage plan allows you to trade in Futures at zero brokerage, for both buying and selling and has unlimited validity. Along with this, you only have to pay Rs.20 per order for all your Options trades
| Scheme Validity | : | Lifetime |
| Plan Fees | : | Rs.299+GST |
| Demat AMC | : | Rs. 300 |
| Interest on Share as Margin | : | Use 100% limit created against shares at interest rate of 0.025% per day |
| eATM | : | Get Money in 5 minutes on selling shares |
With NEO plan, Futures trading brokerage is zero i.e. you have to pay no brokerage at all for buying or selling Futures contracts
Options trading with NEO plan charges you only Rs.20 per order for all Options contracts, buying or selling.
To subscribe to NEO plan, simply login to your ICICIdirect account and visit the setting menu on the upper right corner of the screen and then select “Choose ICICIdirect Neo Pricing” where you can subscribe to the plan
The NEO brokerage plan is valid for lifetime. Once you subscribe to NEO, then it will remain activated on your account forever
No, NEO plan does not make any changes to cash/delivery brokerage which shall remain as your existing plan. To get dual benefits, subscribe to Prime and NEO plan at the same time.
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