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Brokerage

Life time Prepaid Brokerage Plan

ICICIdirect provides you discounted brokerage with ICICIdirect Lifetime Prepaid Brokerage Plan, you can reduce brokerage upto 87% across all products and save on your transaction cost. Prepaid brokerage plan comes with a Life time validity. You can utilize the brokerage amount till it gets exhaust.You will continue to avail all benefits of this plan even after you completely utilise your prepaid balance

You can get reduced brokerage to as low as 0.07% in cash segment, 0.007% in Margin/Futures & Rs.7 per lot in Options.

Choose from 7 innovative plans as per your need

Prepaid Plan() Cash % Margin / Futures % Options (per lot) Currency & Commodity (per Order)() Daily eATM Limit
()
Special MTF interest rate
(%p.a)
2,500
lifetime
0.25 0.025 35  20 10 Lakhs 12.90
5,000
lifetime
0.22 0.022 30  20 25 Lakhs 12.90
12,500
lifetime
0.18 0.018 25  20 25 Lakhs 11.40
25,000
lifetime
0.15 0.015 20  20 1 Cr 9.4
50,000
lifetime
0.12 0.012 15  20 1 Cr 9.4
75,000
lifetime
0.09 0.009 10  20 1 Cr 9.4
1,00,000
lifetime
0.07 0.007 7  20 1 Cr 8.4

Additional Benefits of Plan

  • Get payout of Up to 1 Cr within 5 minutes on selling shares
  • Buy stock and pay later at just 8.4% p.a.
  • You also get an option to take refund of the un-utilized amount after a year
  • Valid for lifetime, even after you have completely utilized your prepaid balance

Note

  • 18% GST will be applicable on the Prepaid plan amount
  • Brokerage of 0.15% shall be applicable on Physical Delivery of F&O Contracts irrespective of existing brokerage plan.
  • In Currency and Commodity segment, Call and Trade line and system square off charges will be applicable at the rate of Rs. 50 per order

    Please note the changes with respect to change in MTF interest rate which shall be effective from June 1, 2022.

  • MTF interest rate will change from 8.90% p.a. to 9.40%p.a. for 2999 and 3999 plans
  • MTF interest rate will change from 7.90% p.a. to 8.40% p.a. for 4999 plan
  • Any customer opting for Prime plans before the above date will be charged at the increased MTF Interest rate from June 1, 2022


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

Prepaid Card Value Delivery Brokerage Rates (in %) Futures and Intra-day Margin / Margin Plus (as per Prepaid Brokerage plan) in % Prepaid Brokerage on Options (in Per lot) Savings in Delivery Brokerage Rates (I-Secure) Savings in Futures Intra-day brokerage Rates Savings in Options (in Per lot)
2,500 0.25 0.025  35 55% 50% 63%
5,000 0.22 0.022  30 60% 56% 68%
12,500 0.18 0.018 25 67% 64% 74%
25,000 0.15 0.015  20 73% 70% 79%
50,000 0.12 0.012  15 78% 76% 84%
75,000 0.09 0.009  10 84% 82% 89%
1,00,000 0.07 0.007  7 87% 86% 93%

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 Settings Menu - Select My brokerage plan section - Select your desired plan or Click here to Subscribe for Prepaid 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. 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. On doing so, you will be continue mapped to lower brokerage rate of prepaid plan.
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Following is the minimum brokerage charged
Prepaid Card in () Delivery Segment SEP 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 %
2,500 10,000 () 25 or 0.75 % which ever is lower 4,000 () 10 or 0.75 % which ever is lower 60,000 () 15 or 2.5 % which ever is lower
5,000 11,364 4,545 68,182
12,500 13,889 5,556 83,333
25,000 16,667 6,667 1,00,000
50,000 20,833 8,333 1,25,000
75,000 27,778 11,111 1,66,666
1,00,000 35,714 14,285 2,14,285
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
2,500 12.90% 0.035%
5000 12.90% 0.035%
12,500 11.40% 0.031%
25,000 9.4% 0.026%
50,000 9.4% 0.026%
75,000 9.4% 0.026%
1,00,000 8.4% 0.023%

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

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.

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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