3-in-1 Account: All You Need to Know in Detail

A 3-in-1 Account integrates three key financial services into one seamless account: a bank account, a demat account, and a trading account. This combination allows you to manage your banking, investment, and trading needs effortlessly under a single platform

How 3-in-1 Account Works

For Buy Orders:

• Fund Allocation: When you place a buy order, funds are allocated from your Savings Account to your Trading Account.
• Order Placement: The buy order is then sent to the exchange.
• Trade Execution: The trade is executed once a matching sell order is received.
• Debit Process: The funds (actual transactional value) are debited from your Savings Account.
• Share Credit: The shares are automatically credited to your linked Demat Account in T+1 day

For Sell orders:

• Share Allocation: When you place a sell order, shares are allocated from your Demat Account to your Trading Account.
• Order Placement: The sell order is then sent to the exchange.
• Trade Execution: The trade is executed once a matching buy order is received.
• Share Debit: The shares (actual sell quantity) are debited from your Demat Account.
• Fund Credit: Within T+1 day, the selling amount of shares is automatically credited to your linked Savings Account.

How to Open a 3-in-1 Account

Open Your 3-in-1 Account in three simple steps:

1. Quick Verification

Confirm your personal details with a few simple clicks.

2. Simple KYC

Complete your KYC process comfortably from your home

3. Digital Convenience

Sign your documents digitally with an e-signature, and you're all set!

Key Features of 3-in-1 Account

• Seamless Trading: Trade in shares without the hassle of tracking settlement cycles, writing cheques, and transfer instructions.
• Security: Manage your demat and bank accounts without transferring money to a broker's pool or deposits. Only pay when you trade.
• Wide Range of Products: Access share trading on NSE and BSE, and innovative offerings like Margin, Margin Plus, BTST, SPOT Trading, Derivatives Trading, Overseas Trading, Mutual Funds, IPOs, and online Life Insurance.
• Ease of Accessibility: Accessible through multiple platforms for trading, like the web, mobile and Call-N-trade, where you can place orders over the phone
• Award-Winning Research: Benefit from exclusive insights and research recommendations from industry experts
• Tracking and Review: Monitor your investments with our portfolio tracker, watch list, and SMS alerts, keeping you updated on the status of your investments.

Documents required to open your 3-in-1 account

• Signature: Sign on a blank sheet of paper and upload it. Make sure your signature matches the one on your PAN card.
• Bank Proof: Upload an image of a cancelled cheque or your bank statement/passbook from the last six months, if required.
• Financial Statements (Derivatives segment activation): Include recent financial documents such as proof of income, net worth statement, ITR proof, and business financials (for self-employed individuals).

Why Choose ICICI Direct for Your 3-in-1 Account?

• Trusted by Millions: Join a community of over 75 lakhs+ satisfied customers who trust ICICI Direct.
• Simplified Process: Enjoy a hassle-free, paperless linking process to set up your 3-in-1 Account effortlessly
• Lightening-Fast Payouts: Access your money within 5 minutes of selling stocks with our exclusive eATM feature
• Earn More: Benefit from competitive interest rates on unused funds in your bank balance.
• Exclusive Insights: Gain access to our award-winning research to make informed investment decisions.
• Affordable Trading: Take advantage of low brokerage plans, making your investments more profitable.

3-in-1 Account FAQs

Do I need to open an ICICI Bank account for a 3-in-1 Account?

Yes, to enjoy the full benefits of a 3-in-1 Account, you need to open and link an ICICI Bank account. This ensures smooth and instant fund transfers between your savings and trading accounts.

Are there any charges to open a 3-in-1 Account?

No, there are no charges to open a 3-in-1 Account with ICICI Direct. You can enjoy the convenience of integrated banking and trading without any additional costs.

Who can open a 3-in-1 Account with ICICI Direct?

Resident individuals who are above 18 years can open a 3-in-1 Account with ICICI Direct. Additionally, the individual must have their Aadhaar Card linked to their mobile number for OTP-based KYC and their original PAN for video KYC.