loader2

Brokerage

  • I - Secure Plan
  • Prepaid Brokerage Plan
  • ICICIdirect Prime
  • NRI Brokerage
  • NRI Prepaid Brokerage

Brokerage in Cash

Total Eligible Turnover (Per calendar Quarter) Brokerage (%) Second Leg Of Intraday Trades Effective Brokerage on Intraday Squareoff
Irrespective of turnover 0.55 Nil 0.275%
Read More

Brokerage in Margin & Margin Plus

  • The brokerage for Margin and Margin Plus under I - Secure Plan would be 0.050%
  • The minimum brokerage for transactions upto ₹ 50000 is ₹ 25 or 2.5% whichever is lower. All statutory charges would be levied over and above minimum brokerage
  • Brokerage rate mentioned above would be levied for trade value exceeding ₹50000
Read More

Brokerage in Future, Future Plus and Future Plus Stop Loss

For Equity Futures Equity Future and Future Plus
Brokerage (%) Flat Brokerage on other leg of Intraday square off
0.050 50/-
Read More

Brokerage in Currency Futures & Future Plus Stop Loss

Goods and Services Tax (GST), SEBI turnover charges, Transaction Charges (inclusive of Service tax) and Stamp duty will be charged in addition to brokerage as follows :

  • GST will be charged at 18% on total value of brokerage.
  • SEBI turnover charges at 0.00005% on turnover in Currency Future and 0.000025% on turnover in Interest Rate Future.
  • NSE Transaction Charges will be charged @ 0.0009% on turnover. Applicable GST would be charged over & above Transaction charges.
Read More

Brokerage in Commodity Futures

Commodity Futures
₹ 20 Per Order and only ₹ 2 Per Lot

Goods and Services Tax (GST), Commodity Transaction Tax (CTT), SEBI turnover charges, Transaction Charges(inclusive of GST) and Stamp duty will be charged in addition to brokerage as follows :

  • GST will be charged at 18%on total value of brokerage.
  • Commodity Transaction Tax (CTT) at 0.01% on turnover (On Sell side).
  • SEBI turnover charges at 0.00005% on turnover for Non Agri commodities and 0.000005% on turnover for Agri commodities.
  • MCX Transaction Charges will be charged 0.0026% on turnover for MCX Group A Commodities. Applicable GST would be charged over & above Transaction charges.
  • Stamp Duty at 0.002% on turnover (On Buy Side).
  • Per order maximum brokerage would be Rs. 100 per order.
  • Trades executed through Call N Trade or through your RM / Advisors will be charged additional Rs. 20/- per order plus GST.

Brokerage in Options & Option Plus

Flat brokerage per contract lot () Flat Brokerage on Second leg of Intraday square off ( per lot)
95/- 50/-
Read More

Brokerage in Options & Option Plus under Options 195 Plan

Options 195 plan is for active intra-day Options traders who trade actively & frequently and require pricing that would help to break-even early.

Brokerage Under 195 Plan for Intra-day trades Effective Brokerages per lot in Brokerage applicable as per I-Saver / I-Secure plan per Lot** in
95/- 15.45 50/-
Read More

Brokerage in Currency Options

Currency Options
₹ 20 Per Order and only ₹ 2 Per Lot

Goods and Services Tax (GST), SEBI turnover charges, Transaction Charges (inclusive of Service tax) and Stamp duty will be charged in addition to brokerage as follows :

  • GST will be charged at 18% on total value of brokerage.
  • SEBI turnover charges at 0.00005% on turnover in Currency Future and 0.000025% on turnover in Interest Rate Future.
Read More

Brokerage in NCDs / Bonds (w.e.f. July 10, 2012)

Amount Below 5 Yrs Tenure * Below 5 Yrs
Less than or Equal to 1 Cr 0.75% 1.00%
More than 1 Cr, Less than 5 Cr 0.50% 0.75%
5 Cr and above 0.50% 0.50%
Read More

Please Note: All charges are calculated upto four decimal and are rounded off to two decimal for Credit/Debit purpose

For Bank Fee, Demat Fee Schedule etc. Click here for NSDL and Click here for CDSL

Reduce your brokerage to as low as 0.12%, 0.012% & Rs 15 in Cash, Margin/ Futures & Options

Life time Prepaid Brokerage Plan

With Lifetime Prepaid Brokerage Plan you get discounted brokerage rates and you save on your transaction cost. Prepaid brokerage plan comes with a Life time validity of 15 years. You can utilize the brokerage amount till it is exhausted within the span of 15 years.

Choose from 7 different plans as per your need

Prepaid Plan (Rs) Total amt with GST (Rs) Cash % Margin / Futures % Options (per lot) Currency Futures % Currency Options-(Per lot)
10,000.00 11,800.00 0.45 0.040 70 0.040 20
10,000.00 11,800.00 0.45 0.040 70 0.040 20
10,000.00 11,800.00 0.45 0.040 70 0.040 20
10,000.00 11,800.00 0.45 0.040 70 0.040 20
10,000.00 11,800.00 0.45 0.040 70 0.040 20

Note

  • Second leg of intraday transactions in Equity Futures & Options would be levied only Rs 25 per lot or applicable options brokerage mentioned above (whichever is lower)
  • Second leg of intraday transactions in Currency Futures & Options would be levied only Rs 4 per lot (Applicable for 10,000 and 25,000 Prepaid plan only) For remaining plans, no brokerage will be charged.
  • For transactions done in Penny Stocks, NCD's and Bonds, cash brokerage applicable to your Prepaid card will be charged

Savings as compared to I-Secure brokerage plan @0.55%

Prepaid Card Value Delivery Brokerage Rates (Prepaid) Intra-day Brokerage Rates ( Margin / Margin Plus ) Future Brokerage Rates Brokerage on Options Savings in Delivery Brokerage Rates (I-Secure) Savings in Futures Intra-day brokerage Rates
10,000.00 11,800.00 0.45 0.040 70 0.040 20
10,000.00 11,800.00 0.45 0.040 70 0.040 20
10,000.00 11,800.00 0.45 0.040 70 0.040 20
10,000.00 11,800.00 0.45 0.040 70 0.040 20
10,000.00 11,800.00 0.45 0.040 70 0.040 20

How to subscribe for Prepaid Brokerage Plan?

Selecting prepaid plan is very simple. All you have to do is:

  • Login to your ICICIdirect.com account
  • Visit customer service page - Select your brokerage plan section - Select your desired plan
  • In case you are unable to see the Link for selecting Prepaid Brokerage plan in this section, please call our customer care numbers to enable the link

Prepaid terms and conditions

  • Prepaid plan is valid for life time; i.e. for a period of 15 years. You may use the balance in your prepaid brokerage account at any time during its validity
  • You have the option to exit and take refund of unutilized Prepaid amount post the completion of 1 Year from the date of subscription. The balance in your Prepaid Brokerage account including Goods and Services Tax and after adjusting your outstanding obligations, if any, will be refunded to you. You will be mapped to I Secure Brokerage plan. (Applicable only for new Prepaid plan selected from May 10, 2018)
Read More
Following is the minimum brokerage charged
Prepaid Card Value Delivery Segment SIP Margin Segment
Transaction upto in (in ) Brokerage in () or in % Transaction upto in (in Brokerage in () or in % Transaction upto in (in Brokerage in () or in %
5,000 10,000 ₹ 25 or 2.5 % which ever is lower 4,000 ₹ 25 or 2.5 % which ever is lower 60,000 ₹ 25 or 2.5 % which ever is lower
12,500 11,364 4,000 68,182
12,500 11,364 4,000 68,182
12,500 11,364 4,000 68,182
12,500 11,364 4,000 68,182
12,500 11,364 4,000 68,182
Following are the Late Payment/Interest charges on outstanding payment beyond pay-in date for positions taken under Margin - Client Square Off mode in BSE and NSE
Prepaid Card (Rs.) Annual Rate Daily Rate
10000 16.5% 0.045%
10000 16.5% 0.045%
10000 16.5% 0.045%
10000 16.5% 0.045%
10000 16.5% 0.045%
200000* 16.5% 0.045%
300000* 16.5% 0.045%

Announcement

The Late Payment/Interest charges for Prepaid cards of Rs.300,000 and Rs.200,000 will be increased to 11% and 11.75% per annum respectively, from their existing rates w.e.f Dec 01, 2018. Please take note of this change.

Note

If the interest paid under Margin Trading falls below G-sec rate on total position value, differential interest will be charged to ensure adherence to minimum interest rate (G-sec rate). Know more

You can place online request for refund of Prepaid Brokerage within 5 days of Prepaid Plan selection.

You will be able to place the request only if you have not utilized your Prepaid Plan after the amount is debited from your account

Request for Prepaid un-subscription can placed on Customer Service Page - Services – Un-subscription

Please Note

All charges are calculated upto four decimal and are rounded off to two decimal for Credit/Debit purpose

To know about Refund of Advance brokerage

For Bank Fee, Demat Fee Schedule etc. Click here for NSDL and Click here for CDSL

Experience the revolutionary ICICIdirect Prime Membership Plan that gives you.

  • More than 50% Brokerage reduction
  • Instant payout for your stocks sold (eATM)
  • Exclusive Research
Prime Plan () Total amount with GST () Scheme Validity (in days) Cash % Margin / Futures % Options (Per Lot) () Currency Futures Currency Options Special MTF Interest rates/LPC (% per Day)
299.00 352.82 365 0.27 0.027 40 20 per order & 2 per lot 20 per order & 2 per lot 0.04
999.00 1,178.82 365 0.22 0.022 35 20 per order & 2 per lot 20 per order & 2 per lot 0.0035
1,999.00 2,358.82 365 0.18 0.018 25 20 per order & 2 per lot 20 per order & 2 per lot 0.031
2,999.00 3,538.82 365 0.15 0.015 20 20 per order & 2 per lot 20 per order & 2 per lot 0.024

Note

18% GST will be applicable on the Prime Plan amount. The validity of all the Prime Plans will be one year.

Additional Benefits:

  • Access to exclusive 'Research content' and 'Website' for all Prime cards
  • Complimentary 'Bullet Plan' i.e. Zero brokerage on intraday Stop Loss products for trades squared off within 5 minutes
  • Special reduced 'Interest' on delayed payments/MTF carry forward positions in Equity Margin Product
  • NCD/Bonds transactions along with penny stocks charged at a lower brokerage as that of cash.
  • Trades executed in Currency segment through Call N Trade or through your RM / Advisors will be charged additional Rs. 20/- per order plus GST.
  • In Currency segment, per order maximum brokerage would be Rs. 500 per order.

How to subscribe for ICICIdirect Prime Plan?

How to subscribe for ICICIdirect Prime Plan?

Selecting ICICIdirect Prime plan is very simple. All you have to do is:

  • Login to your ICICIdirect.com account
  • Visit Settings – Brokerage & charges – My Brokerage plan section
  • In case you are unable to see the Link for selecting ICICIdirect Prime plan in this section, please call our customer care numbers to enable the link

Terms and Conditions

  • Prime membership plan is available only to Resident individuals, non-individuals & HUFs
  • GST @ 18% would be applicable on the fee of Prime plan
  • Rs.20/- plus GST would be charged towards demat charges for each debit instruction from your demat account for your sale obligations
  • Brokerage on intraday trades in Futures and Options will be the same for both legs and will be charged as per the Prime plan selected
  • Minimum brokerage in Delivery segment will be Rs.25 or 2.5% of turnover, whichever is lower; in SEP segment, it will be Rs.10 or 2.5% of turnover, whichever is lower and in Margin segment, it will be Rs.15 or 2.5% of turnover, whichever is lower
  • Transaction slabs per trade upto which minimum brokerage will be charged are mentioned in the below table. If transaction value per trade is above the mentioned slabs, brokerage rates as respective Prime plan will be charged

Following is the minimum brokerage charged

Following is the minimum brokerage charged
Prepaid Card Value Delivery Segment SIP Margin Segment
Transaction upto in (in ) Brokerage in () or in % Transaction upto in (in Brokerage in () or in % Transaction upto in (in Brokerage in () or in %
299 9,259 ₹ 25 or 2.5 % which ever is lower 4,000 ₹ 25 or 2.5 % which ever is lower 3,703 ₹ 25 or 2.5 % which ever is lower
999 11,363 4,545 68,182
1,999 13,889 5,556 83,333
2,999 16,667 6,667 100,000

Schedule of Fees: Applicable to NRI Investors

E-invest Account Opening Charges - One time account opening charges for Non-UK client's is ₹ 4000/- and for UK client's is ₹ 6500/- which includes :

  • Account opening and stamp duty charges for trading account
  • Account opening and maintenance charges for Demat accounts (up to 4) for the first year
  • ICICI Bank charges for Portfolio Investment Scheme (PINS) for the first year

Equity Brokerage Structure

Total Eligible Turnover (Volume of Transaction) per month Brokerage
Trades above Rs. 50,00,000/- (Above Rs. 50 lacs) 0.50 %
Rs . 25,00,001/- to Rs. 50,00,000/- (Rs. 25 lacs to Rs. 50 lacs) 0.75 %
Rs . 10,00,001/- to Rs. 25,00,000/- ( Rs. 10 lacs to Rs. 25 lacs) 0.90 %
Rs . 5,00,001/- to Rs. 10,00,000/- ( Rs. 5 lacs to Rs. 10 lacs) 1.00 %
Up to Rs. 5,00,000/- (Rs. 5 lacs) 1.25 %

Brokerage Examples :

  • If the total value of buy and sell transactions is Rs. 5,00,001 or more in any calendar month, commission for the immediate next month would come down by 25 basis point to 1.00%. However if in the next calendar month, the total value of buy and sell transactions is less than Rs. 5,00,000 (Rs. 5 lacs), the applicable commission for the immediate next quarter would increase by 25 basis point and reinstated to1.25 %.

For example, the total value of buy and sell transaction for a Month I is Rs.30,00,000. Applicable brokerage for the Month II would be 0.75 %, which would be retained at 0.75% or revised upward up to 1.25 % for Month III based on the total value of transaction in Month II.

MONTH TURNOVER BROKERAGE RATE NEXT MONTH BROKERAGE AS PER TURNOVER DONE
Month 1 30,00,000/- 1.25% 0.75%
Month 2 60,00,000/- 0.75% 0.50%
Month 3 12,00,000/- 0.50% 0.90%
Month 4 2,50,000/- 0.90% 1.25%
  • For NSE Trades Brokerage is calculated on a per share basis and is rounded off to the fourth decimal
  • For BSE Trades Brokerage is calculated on a per share basis and is rounded off to the second decimal
  • GST will be charged at 18% on total value of brokerage
  • Securities Transaction Tax (STT) at 0.1% on turnover
  • SEBI turnover charges at 0.0001% on turnover
  • Transaction Charges will be charged @ 0.0035% for NSE and Rs 0.75 per trade basis for all scrip's for BSE (Except for BSE listed securities "X","XC","XD","XT","Z","ZP","P" where transaction charges will be 0.1% and SS and ST segment 1% on turnover, "M","MT", "R" will be 0.0028%). Applicable GST would be charged over & above Transaction charges.
  • Applicable Stamp Duty charges as per delivery and non-delivery would be levied on turnover
  • he final value of Brokerage and GST is arrived at by multiplying the per share value in four decimals with the Quantity. This value is then rounded off to two decimals
  • The minimum value of the order that would be accepted would be Rs. 200/- and the minimum brokerage would be Rs. 75/- per trade. The minimum brokerage is Rs.75/- or 2.5% of the trade value whichever is lower. The brokerage is inclusive of bank's charges for Portfolio Investment Services (PINs), demat market transaction charges and postage charges. GST, Securities Transaction Tax (STT), Transaction Charges and Stamp Duty will be charged additionally as per the applicable rate.
  • Cash Brokerage shall be levied for Orders placed in OFS and Buyback apart from all other statutory charges

Minimum Order Values

Minimum order value would be Rs.50

Demat Account Fee schedule for Non Resident Indians (With effect from June 01, 2005):

Fee Head For Domestic Communication Address For Foreign Communication Address
A/c opening Charges Nil Nil
First Year AMC Nil Nil
Annual Service Charges (payable at the time of account opening and thereafter every year in the month in which the account was opened) (waived off for all ICICI Direct.com Customers for the first year in which they open the account) 700/- 1200/- ( 1150/- for customer receiving statements by e-mail)
Agreement Stamp Paper (included in the ICICI Direct.com a/c opening charges) Nil As per respective State Act
Buy - Market and Off-Market (% of transaction value of each ISIN) - Max. ₹500 for debt instruments Nil for Trades done on www.icicidirect.com Nil for Trades done on www.icicidirect.com
Sell - Market and Off-Market (% of transaction value of each ISIN) - Max. ₹500 for debt instruments - Instruction submitted through Internet (E-inst / IVR) - Instruction submitted through Call Centre - Instruction submitted at Branches Nil for Trades done on www.icicidirect.com 0.04% (Min. ₹30) & Max ₹25,000/- 0.04% (Min. ₹35) & Max ₹25,000/- 0.04% (Min. ₹40) & Max ₹25,000/- Nil for Trades done on www.icicidirect.com 0.04% (Min. ₹10) & Max ₹25,000/- 0.04% (Min. ₹15) & Max ₹25,000/- 0.04% (Min. ₹30) & Max ₹25,000/-
Rejections/Fails 30/- 30/-
Extra charges for processing of TIFDs submitted late (% of transaction value) - Instruction submitted through Internet (E-inst / IVR) - Instruction submitted through Call Centre - Instruction submitted at Branches Nil for e-instructions Nil Nil 10/- per ISIN Nil for e-instructions Nil Nil 10/- per ISIN
Rematerialisation A fee of ₹25/- for every hundred securities or part thereof subject to maximum fee of ₹3,00,000/-; or a flat fee of ₹25/- per certificate, whichever is higher 20/-
Reconversion on MF Units 25/-
Closure of Account Nil Nil
Pledge Creation/Closure/Confirmation/ Invocation (% of value for each ISIN in each request) - If, ICICI Bank is counter party - If, ICICI Bank is not counter party
0.02% (Min. ₹35/-) & Max ₹25,000/- 0.04% (Min. ₹40/-) & Max ₹25,000/-

0.02% (Min. ₹35/-) & Max ₹25,000/- 0.04% (Min. ₹40/-) & Max ₹25,000/-
Postal Charges for security items, Additional Booklets, Security Certificates etc 20/- 350/-

NSDL chargess

NSDL charges are chargeable extra on actuals. Present NSDL charges are :

Sell - Market and Off-Market (W.e.f. 01.01.2008)
₹5/- per debit instruction (nil for commercial paper and short-term debt instruments)
Rematerialisation (W.e.f. 01.11.2006)
A fee of ₹10/- for every hundred securities or part thereof ; or a flat fee of ₹10/- per certificate, whichever is higher
Pledge Creation
₹25/- per instruction
  • The value of shares and charges is calculated as per NSDL formula and rates
  • There will be a charge of ₹100/- for dishonour of any cheque or unsuccessful attempt to recover payment through direct debit or ECS. The depository services are liable to discontinuation if ICICI Bank is unable to recover charges from the customer for any reason whatsoever. In such cases there will be a charge of ₹250/- for resumption of services and the services will be resumed after a minimum of three working days from the date of receipt of request at Central Processing Office, Mumbai
  • Any service that is not indicated above will be charged separately as per the rates applicable from time to time
  • ICICI Bank reserves the right to revise the tariff structure from time to time, with notice of 30 days. The notice may be given by ordinary post or by an advertisement in a national daily
  • If the Demat Account is closed during the year, no pro-rata refund of Annual Service Charge will be made

Future & Options Brokerage Structure

The eligible turnover and the brokerage rates for Futures and Options are given in the below table:

For Equity Futures Equity Future and Future Plus
Total Eligible Turnover per month Brokerage (%) Total Eligible Premium Value per month Flat Brokerage per contract lot ()
Above ₹20 Crores 0.03 Above ₹20 lacs 70
₹10 Crores to ₹20 Crores 0.035 ₹10 lacs to v20 lacs 75
₹5 Crores to ₹10 Crores 0.04 ₹5 lacs to ₹10 lacs 85
Less than ₹5 Crores 0.05 Less than ₹5 Lac 95

The Futures and Options transactions will be charged at a brokerage rate of 0.05% and Rs. 95/- respectively for the first month. The brokerage rates will be applicable for the next month depending on the turnover done in the current month E.g. For the month of Aug 2008, brokerage rate will be dependent on the turnover done in the month of July 2008 as seen in the table below:

Brokerage Example :

Month Total Eligible Futures Turnover (Crore) Brokerage % Total Eligible Options Premium value ( Lacs) Flat Brokerage per contract lot ()
5th Nov 2008 21 0.035 18 70
4th Oct 20088 19.25 0.03 21.5 85
3 rdSept 2008 20.25 0.035 5.15 75
2 nd Aug 2008 11 0.04 12.25 90
1 st Jul 2008 5.9 0.05 4.95 95

Note: Goods and Services Tax (GST) ,Securities Transaction, Stamp Duty, Transaction Charges and SEBI Turnover Charges/ will be charged additional as per applicable rates. Goods and Services Tax (GST), Securities Transaction Tax, Stamp Duty, Transaction Charges and SEBI Turnover Charges are statutory levies and subject to change from time to time.

Prepaid Brokerage Plan :

With Prepaid Brokerage Plan you get discounted brokerage rates and save on your transaction cost. Prepaid brokerage comes with a lifetime validity of 15 years. You can utilize the prepaid brokerage within a span of 15 years or till the time the eligible turnover is exhausted whichever is earlier. For all new Prepaid subscription done from May 10, 2018, customers have the option to exit and take refund of unutilized Prepaid amount after completion of 1 Year of prepaid subscription, On doing so the balance in your prepaid brokerage account including GST will be refunded after adjusting any obligations with I-Sec if any to your NRO bank account (Non Pins or Pins) or paid by way of cheque and your account will be mapped to normal brokerage of 1.25% post refund.

Prepaid Plan () GST () Total () Cash Brokerage Eligible Cash Turnover ()
10000 1800 11800 0.75% 1333333
50000 9000 59000 0.50% 10000000
100000 18000 118000 0.35% 28571429
200000 36000 236000 0.30% 66666667
300000 54000 354000 0.20% 150000000

Note: Prepaid brokerage plan is applicable in Equity Segment only

The path to select the prepaid brokerage plan is customer service - select Brokerage Plan

Savings as compared to Normal NRI brokerage plan of 1.25%

Prepaid Plan (₹) Cash Brokerage Savings in brokerage
10000 0.75% 40%
50000 0.50% 60%
100000 0.35% 73%
200000 0.30% 75%
300000 0.20% 84%

Terms and Conditions

Prepaid brokerage comes with a lifetime validity of 15 years. You can utilize the prepaid brokerage within a span of 15 years or till the time the eligible turnover is exhausted whichever is earlier

For all new Prepaid subscription done from May 10, 2018, you have the option to exit and take refund of unutilized Prepaid amount after completion of 1 Year of prepaid subscription, On doing so the balance in your prepaid brokerage account including GST will be refunded after adjusting any obligations with I-Sec if any to your NRO bank account (Non Pins or Pins) or paid by way of cheque and your account will be mapped to normal brokerage of 1.25% post refund.

Read More

New to Investing

Learn how to invest in the stock market and other investment vehicles.

About ICICIdirect.Com Account

A unique account that integrates your savings, demat and trading accounts.

0% Brokerage For your 5 min Trade

Pay 195 for upto 10 lots & only 15 per additional lot