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    Reports & Statements

    How to read the Contract Note?

    The contract note includes the details of the trades executed for the day, such as:

     

    Column Name

    Description

    Order No

    Shows the exchange order number

    Order time

    Shows the timestamp of when the order was placed

    Trade No

    Shows the trade number on the exchange

    Trade time

    Shows the timestamp of when the order was successfully executed at the exchange

    Contract Description

    Shows the stock or instrument for which the order is for

    Buy(B)/Sell(S)

    Mentions the transaction type

    Bought Qty

    Shows the order quantity bought

    Sold Qty

    Shows the order quantity sold

    Gross Rate/Trade Price Per unit (Rs)

    Shows the price at which the order got executed

    Brokerage per Unit (Rs.)

    Shows the brokerage charges per unit of the stock or instrument

    Net Rate per unit

    Same as the gross rate per unit, as brokerage charges are mentioned separately in the contract notes

    Net total (Before Levies)

    Shows the total amount due to the client or from the client before brokerage and taxes

     

    Closing Rate per unit

    Applicable to carried over derivative contracts. It shows the price at which the contract is closed for the day

     

    Sample Contract Note:

    The table below the Contract note displays:

     

     

     

    All the brokerages and taxes applicable, i.e., GST, STT, stamp duty, SEBI turnover fee, and exchange transaction tax. CGST and SGST of 9% each will be charged if the billing address is Karnataka, and IGST of 18% for other states.

    The net amount to be debited from Bank will be mentioned at the end of the table.

     

    Other charges such as call and trade and DP charges, are not displayed on the contract note. However, they are shown on the funds statement. To view your funds statement, follow these steps:

    1. Click here to login
    2. Go to Settings
    3. Click on Demat and Additional Charges
    4. Click on Additional Charges Details
    What are Contract Notes?

    Contract note is a statement of confirmation of trade(s) done on a particular day for and on behalf of a client. It provides a summary of all the trades taken during the day. A contract note is issued in the prescribed format and manner, establishing a legally enforceable relationship between the member and client in respect to the trades stated in that contract note. Contract notes are made in duplicate, where the member and client both keep one copy each.

    Where do I receive Contract Notes?

    Digital Contract Notes are delivered to the client through E-mail on the day the order is executed. If you did not receive the Contract Note on your e-mail (Read: ‘Why am I not receiving Contract Notes on my e-mail?’) and have opted for physical contract notes, you will be delivered a physical copy of the contract note on the next trading day.

    If you have opted to receive contract notes through email and your email was not delivered to you, we are obligated to send you a physical contract note regardless of the mode you have opted for, as per NSE guidelines. Physical Contract Notes are chargeable at Rs. 50/- per contract note.

    Why am I not receiving Contract Notes on my e-mail?

    If you have opted for e-mail as your mode for receiving Contract Notes but they are not being delivered to you, the possible reasons could be as follows:

    • Email inbox is full: In this case, you will have to clear your inbox for the Contract Notes to be delivered to your email.
    • Registered email ID is invalid: If the email ID you have registered is invalid, you will have to update your email ID or provide an alternative email ID. You can update your email ID by logging in on ICICI Direct website and clicking here.

    You can also update your email ID by following the path below:

    1. Click here to login
    2. Click on Settings
    3. Go to General Profile
    4. Enter Email ID