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Why Choose a Demat Account with ICICI Direct?

Paperless Journey

Open a demat account online in a few simple steps

Multiple Investment Options

Diversify across, Stocks, Mutual Funds, ETFs, Commodities and more from a single platform

Steady Foundation

Backed by 70+ years of ICICI trusted legacy

Low Brokerage

Pay as little as 0.07% on delivery investments with our select Prime plan

Increased Buying Capacity

Margin Trading Facility (MTF) with interest rates starting from 9.65% p.a.* (on select prime plan)

How to Open a Demat Account

Start from any touchpoint - iMobile App, ICICI Direct Website & App

Step 1: Verify Contact Details

Enter and verify your mobile number and email ID

Step 2: Enter PAN number and Bank Details

Enter PAN number and Bank Details

Step 3: Personal and Financial Details

Provide your details for a more personalised experience

Step 4: Set Preferences & Select Plan

Choose your trading preferences and select a brokerage plan.

Step 5: Esign & Verify KRA

Complete your digital signature and KRA verification to activate your account.

If being assisted by an RM, please enter details.

Documents Required to Open a Demat Account with ICICI Direct

PAN & Aadhaar Number

Required to open your account

Bank Details

To be linked to your Demat and Trading account

Signature

Upload a scanned copy on white paper if prompted

Financial Proofs (Optional)

For F&O trading after account opening, upload ITR, salary slips, demat holdings, or bank statement.

Explore Investment Options

Get Expert Advice, When you Need it

Our research experts guide you on what to buy and when to buy—whether you’re trading short term, investing long term, or choosing professionally curated One-Click Portfolios. Get daily recommendations delivered straight to your WhatsApp.

 

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Choose a Pricing Plan
that Suits your Style of Investing

No hidden charges.

Know exactly what you pay

Transparent brokerage plans

for every type of investor

Brokerage calculator

to compare costs easily

Trusted by Millions of Investors

I like research recommendations given by ICICI Direct, it helped me take appropriate decisions. The fact that I can see and buy those recommendations from app itself ma...

Karan Achhpal

One stop boutique for all your trading needs. Good and strong platform with great help!

Venkatesh Bhandare

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Frequently Asked Questions

What is a Demat account and how does it work?

A Demat account (short for “dematerialised account”) is an account used to hold financial securities such as shares, bonds, mutual funds, and ETFs in an electronic format. It removes the need for physical share certificates and helps reduce risks such as loss, damage, or forgery. 

At ICICI Direct, a Demat account works in combination with a trading account and a bank account. When you buy shares, the transaction is executed through your trading account, funds are debited from your ICICI Bank account, and the shares are credited to your Demat account. When you sell shares, the securities are debited from your Demat account, and the funds are credited back to your bank account. 

This electronic system allows investors to track, manage, and transact in securities efficiently.

A Demat account is required for investing in equities because shares are held and transferred in electronic form on stock exchanges such as NSE and BSE. 

Without a Demat account, you cannot hold or sell shares purchased from the stock market. While certain investment products like mutual funds may be accessed without a Demat account, equity investing requires one. 

At ICICI Direct, the Demat account enables you to securely store and manage your stock market investments.

A Demat account and a trading account are both required for stock market transactions but serve different purposes:

  • A Demat account stores your investments such as shares, bonds, and ETFs in electronic form
  • A Trading account is used to place buy and sell orders on stock exchanges 

At ICICI Direct, these accounts are connected so that transactions can be executed and settled efficiently.

If you’re looking to apply for demat account, ICICI Direct offers multiple account types based on your profile and needs: 

  • Regular Demat Account: For resident Indian investors (Regular Demat Account / Basic Services Demat Account for small holdings)
  • NRI Demat Accounts:
    • Repatriable (linked to NRE account)
    • Non-repatriable (linked to NRO account) 

Each option is designed to support different investment needs while enabling electronic holding of securities.

 

Different institutions offer Demat accounts with varying features, pricing, and services.

ICICI Direct provides a 3-in-1 account structure that integrates banking, trading, and Demat services, allowing transactions and fund transfers within a single platform. 

ICICI Direct offers a compelling advantage with its seamless 3-in-1 structure, integrating banking, trading and Demat accounts into a single ecosystem for paperless transactions. 

The choice of platform may depend on individual preferences, investment needs, and features required.

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