123
ICICI Bank ICICI Bank

*Note: The online service to open a 3-in-1 Account (Savings + Demat + Trading) will be available soon for new customers who do not already hold a Savings Account with ICICI Bank. If you want to open a 3-in-1 Account now, please click on the ‘New Customer’ button above and an ICICI Bank representative will get in touch with you. For more details, contact Customer Care at 1800 1080.

BEST FOR

3-in-1 Account (Savings + Demat + Trading)

  • Vast Range of Online Demat Services

  • Digital, Paperless Account Opening

  • Zero Account Opening charges

  • Dedicated Customer care

How to Apply for Demat and Trading Account online

 

 

 

Attention Investors

  • For Demat-related issues, write to us at customer.care@icicibank.com

     

  • For registering a complaint with SEBI, go to the SCORES portal at: https://scores.sebi.gov.in/

     

  • Procedure to file a complaint on the SCORES portal:

     

  • Step 1: First, register on the SCORES portal


    Step 2: Enter the mandatory details- Name, PAN, Address, Mobile Number, E-mail ID.

    Note:

    1)Fraudsters have been collecting data from investors trading in Forex, sending them bulk messages on the pretext of providing investment tips and luring them into investing in unauthentic entities with the promise of huge profits. Please do not trade on the basis of tips received via SMS. Take informed decisions through verified sources.

     

    2) Do not issue cheques while subscribing to IPOs. Just mention the Bank Account Number and sign the Application Form, authorising your Bank to initiate the payment in case of allotment. This ensures zero hassle in refunds as the money continues to remain in your (the Investor’s) account.

     

    3) Prevent unauthorised transactions in your Demat Account & Trading Account. Update your mobile number and e-mail ID with the Depository Participant / Stockbroker and receive alerts for all your transactions, directly from NSDL / CSDL / NSE on the same day.

     

    4) Updating your KYC is important if you are trading in the securities market. Once KYC is completed with a SEBI registered intermediary, you will not have to undergo the entire process again for another intermediary.

FAQs

What is a Demat Account?

A Demat Account is an account holds all your securities, e.g. shares, bonds, etc. in an electronic format, eliminating the need for physical certificates. It is essential for trading and investing in the securities marketa, enabling easy buying, selling and storage of securities.

How do I open a Demat Account?

Click here to open a Demat Account online.

You can also download the account opening form - Individual or Corporate- from the Bank website and submit the filled form and required documents as per the checklist at any ICICI Bank Branch that offers Demat services.

There is no fee for opening a Demat Account with ICICI Bank. However, a nominal fee towards services is levied as per our Standard Rate Card.

Can I open more than one Demat Account with ICICI Bank?

Yes, you can open more than one Demat Account with ICICI Bank. There is no restriction on the number of accounts you can open with the same Depository Participant (DP).

Do I have to keep any minimum balance of securities in my Account?

No, there is no prescribed minimum requirement. 

Is a Demat Account safe and secure? 

Yes, ICICI Bank’s Demat Account is secure and safe. It offers multi-layer authentication, encryption and advanced security protocols. ICICI Bank follows SEBI guidelines, ensuring the safety of your holdings. With secure access through Internet Banking and the iMobile app, your investments remain secured at all times.

 Can NRIs open a Demat Account?  

Yes, NRIs (Non-Resident Indians) can open a Demat Account. NRIs can invest in Indian stock markets through the Portfolio Investment Scheme (PIS), as per RBI and SEBI regulations. Click here to know more or to open an NRI Demat Account.

What Is a Trading Account?

A Trading Account is an account that allows you to buy and sell financial securities like stocks, bonds, Mutual Funds, derivatives, etc., on the stock market. It's usually linked to a Demat Account (which holds your securities in digital form) and a Bank Account (to fund your trades). When you place a trade, the Trading Account executes it, the Demat Account stores the securities and the Bank Account handles the money.

 What are the uses of a Trading Account?

 

Here are the main uses of a Trading Account:

  • Buying and Selling Securities: It allows you to trade in stocks, bonds, Mutual Funds, derivatives, etc., on stock exchanges
  • Execution of Orders: It facilitates real-time order placement and execution during market hours
  • Market Access: Gives access to stock exchanges like NSE and BSE for trading
  • Tracking Investments: Helps you monitor your trades, positions and overall portfolio performance
  • Margin Trading: Some Trading Accounts allow you to trade with borrowed funds (margin), increasing your buying power
  • Integration: Works in sync with your Bank Account and Demat Account to handle money and store securities

What is the difference Between a Demat Account and a Trading Account?

A Trading Account and a Demat Account serve different purposes. A Demat Account securely holds financial instruments like Mutual Funds, stocks and bonds in digital form, while a Trading Account is used to buy and sell stocks and other securities in the market.