loader2

How can we help you ?

Choose the category to find the help you need

    Announcements

    All you need to know about Buy Now Pay Later (MTF) while investing in Stocks...Read More
    Difference between Prime plan and iValue plan

    Prime plans reduce the brokerage rate in Equity Delivery(Cash). Prime increases the eATM limit and reduces the MTF interest rate too.

    iValue plan is plan designed for traders to provide Flat Rs.20 Per order brokerage in Equity Intraday, Futures & Options.

    What is ICICIdirect iValue plan? What are the benefits of ICICIdirect iValue plan?

    ICICI Direct iValue is the discounted brokerage plan offered by ICICI Direct. The benefits of ICICI Direct iValue are:

    Futures: All Futures trades at Rs.20 per order. Applies to Intraday and Carry Forward

    Options:All Options trades at flat Rs.20 per order for Intraday and Carry Forward

    Equity Intraday: Equity intraday trades at only Rs.20 per order. This applies to both Intraday and Bracket Order

    Click here to Know more.

    What is the AMC to be paid on iValue plan?

     The Account Maintenance Charges are Rs.300 + GST for active iValue plan subscribers.

    How do I subscribe to the new ICICIdirect iValue plan? How can I activate the plan?

    To subscribe to ICICI Direct iValue Plan login to www.icicidirect.com and follow the path

    Settings > ICICI Direct iValue plan > Subscribe

    Click here to Know more.

    What is the validity of ICICIdirect iValue plan?

    This is a one-time subscription plan and is valid for lifetime.

    What will be brokerage in delivery segment?

    The brokerage rates for delivery/cash segment would continue to be as per your existing plan. To know more, click here to know brokerage in Prime.

    Is there any limit on the number of trades for Futures, Options or Intraday Equity?

    No, there is no limit. You can place unlimited trades on Futures, Options and Intraday Equity at only Rs 20 per order.

    Can we purchase both iValue plan and Prime subscription and avail their benefits at the same time?
    Yes, you can purchase both iValue plan and Prime plan to get the best of both and reduce your brokerage charges in Delivery, Intraday, Futures & Options, while increasing your eATM limit and reducing your MTF interest rate.
    After purchasing the iValue plan, when does it start reflecting on my account?

    iValue plan will get activated on the same day if you opt before 3:45 PM (subject to successful Payment) else it will get activated on the next Trading Day.

    What is demat charge of Rs 20/-?

    DP charges are levied when you sell shares from demat account. It is charge to be paid to the Depositories and Depository participants.

    In Prime Plan, on selling a share from demat account, there will be a DP charges of Rs 20 plus GST on every debit instruction. This is inclusive of the NSDL or CDSL charges. This will be debited from the linked bank account whenever there is a sell transaction.


    E.g If you have Tata Motors share in your demat and you sell the same. A flat charge of Rs 20 would be levied irrespective of the trade value. In case you sell Tata motors multiple times during the day, there will only be a single debit instruction and only Rs 20 will be charged. On other hand if you sell 2 different stocks of different companies on same day, then there will be 2 debit instructions and Rs 20*2 = Rs 40 will be levied.

    What are the charges for Call and Trade line and system?

    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.

    What are the charges for Physical Delivery of F&O Contracts?

    Brokerage of 0.15% shall be applicable on Physical Delivery of F&O Contracts irrespective of existing brokerage plan.

    What are the charges applicable on shares as margin in commodity and currency segment?

    In Commodity and Currency segment, interest @ 0.027 % per day + GST will be applicable on Shares given as collateral and utilised as margin.

    What is the brokerage on SPOT selling?
    SPOT selling of any  pledged securities from Shares as Margin facility will be charged as per the delivery brokerage rate of Prime Plan. However any selling towards recovery of shortfall in pay-in amount(System Square off) will charged brokerage at 1% of the transaction value.
    What are the different statutory charges levied in Intraday and Bracket Order segment?

    Staututory charges can be revised at the discretions of SEBI, Exchanges etc. For more details refer to the following links:

    • For Transaction charges Click to view details for NSE and BSE
    • For details regarding Statutory charges such as GST, SEBI turnover charges, STT, Stamp duty and other levies click here
    • Cash Brokerage shall be levied for Orders placed in OFS and Buyback apart from all other statutory charges
    • Any Margin position converted to delivery or converted to Margin trading funding (MTF) would attract brokerage equivalent to Cash Segment
    What would be the brokerage applicable on eATM orders?

    The Brokerage rate for eATM trades will be the same as Delivery(Cash).

    What are the different statutory charges levied in the Cash Segment?

    Staututory charges can be revised at the discretions of SEBI, Exchanges etc. For more details refer to the following links:

    • For Transaction charges Click to view details for NSE and BSE
    • For details regarding Statutory charges such as GST, SEBI turnover charges, STT, Stamp duty and other levies click here
    • Cash Brokerage shall be levied for Orders placed in OFS and Buyback apart from all other statutory charges
    • Any Margin position converted to delivery or converted to Margin trading funding (MTF) would attract brokerage equivalent to Cash Segment
    Where can I view the debit note?

    Debit note can be viewed after logging in. Follow the path:

     Settings > Statements > Debit / Credit Note

    What are the features of Prime Plans?

    Prime Plans offer the following benefits:

    1. Brokerage Reduction across all products (as low as 0.07% in delivery)
    2. Get money within 5 minutes of selling shares (limit upto 1 Cr.). To know more about this feature click here
    3. Reduced interest on Buy Now Pay Later (MTF) to as low as 9.69% p.a.
    4. No minimum charges for penny and NCD Bonds
     
     
    To know more about Prime Plans you can visit our website or click here
    When will my plan activate?

    If you have subscribed to Prime before 3:30 PM then your plan will get activated on the next trading day (T+1)

    If you have subscribed to Prime after 3:30 PM then your plan will get activated on the second trading day (T+2).

    Note: this is valid if you have sufficient balance for Prime Fee 

    I have funds in my account yet my payment is still pending

    If you have a 3-in-1 ICICI Direct account then you can deallocate some funds to be kept in free balance i.e. the net withdrawal balance . 

    If you have any other type of account then you have to allocate funds in the equity segment.

     

    Ensure you have sufficient funds (Prime Amount + GST) and if you are still struggling you can always reach out to us 

    What is the validity of the prime plans?

    Prime 299 is an annual plan. 

    All other Prime Plans are "One Time" plans and need no renewal. 

    What brokerage will be charged for intraday in Futures and Options?

    Brokerage on intraday trades in Futures and Options will be the same for both legs and will be charged as per the selected Prime Plan.