ICICI Direct Registration
| |Demat Account Sign Up
Planning to enter the stock market world with the bank based ICICI Direct broker? Then give this a good read as we explain the ICICI Direct Registration process and formalities systematically.
And in case you are wondering why so many traders are switching to ICICI Direct, the plain and simple reason is that:
- ICICI Direct has the repute that is built around the famous ICICI Bank’s legacy
- It has a presence in 87 locations with 200+ branches spread across the country.
- It ensures remarkable customer support to a client base of more than 35 lakh customers.
- ICICI Direct 3-in-1 account gives you the simplest way to open a bank, trading and demat account.
Now, that you have decided to open a demat account with this broker, then this ICICI Direct Registration guide will help you a lot. So let’s begin.
ICICI Direct Online Registration
Here, we provide you with a simplified guide to ICICI Demat account opening:
- STEP 1: Go to the ICICI Direct website and enter your mobile number.
- STEP 2: Next complete the OTP verification.
- STEP 3: Enter the PAN card, date of birth and email ID.
- STEP 4: Move ahead by adding bank account details like account number, IFSC code then clicks on the Next button.
- STEP 5: Verify KYC details like Name and address.
- STEP 6: Now upload mandatory documents such as a cancelled cheque and an e-signature and hit “Next”.
- STEP 7: Complete the photo verification in this step.
- STEP 8: Verify your email ID by entering the OTP received at the same address.
- STEP 9: Choose your phone number or email id as a User ID and proceed ahead.
- STEP 10: Now complete the Aadhaar E-sign and NSDL verification through OTP submission.
And by the end of these steps, your ICICI Direct Registration is completed.
ICICI Direct Registration Documents
To complete the ICICI Direct registration you will need some documents. The purpose of the documents is to verify the identity and to add details of the bank account that will be linked to the new demat account.
Here are the documents required for demat account opening in ICICI Direct:
- Identity Proof documents such as driving license, voter id or UID
- Proof of Address like an Aadhaar card
- Bank account Proof is like a cancelled cheque
- A PAN card
- Recent Photographs
- An E-sign document
For traders who want to trade in derivates as well, they need to furnish the following documents in addition to the above:
- Proof of Income documents such as:
- ITR Acknowledgement
- Proof Of Salary
- Current bank Account Statement
ICICI Direct Registration Charges
What’s really great about this bank-backed trustworthy broker is that it will open a demat account for free. Yes, you heard that right. The ICICI Direct account opening charges are zero.
ICICI Direct Registration Fee | ICICI Direct Registration Fee |
ICICI Direct Account Opening Charges | ₹0 |
ICICI Direct AMC Charges | ₹0-₹975 |
ICICI Direct Registration Status
ICICI has provided a very simple method to check the ICICI Direct registration status. All you have to do is go to the ICICI Direct website.
Here, you can track the status of your application form by clicking on “See Your Application Status Online” on the customer service page of this website. Next, enter the “Form Number” and the “Date of Birth” and then click on the Get Status button.
Now, you will be able to see the current status. To check the ICICI account registration status click here
Once your account opens, know how to use Demat Account ICICI efficiently to reap the maximum benefits of its products and services.
ICICI Direct Offers
One of the most exciting schemes ICICI Direct Offers is its “ICICI Direct Refer and Earn” policy. What exactly is it?
The offer goes like this, that when you generate a referral link and forward it to your friend, then only after an account gets opened, you shall receive ₹250/-.
Additionally, you can refer an account to a maximum of 100 individuals in a month. But that’s not all. The scheme further says that, if a referred account trades, then you receive ₹500/- extra.
We can explain this better with the following example:
If you have referred to 100 individuals and out of them only 50 people completed the ICICI Direct registration.
Earnings= 50 x 250 = ₹12500/-
Then out of these 50 people, 30 actually traded using the account, then your earnings will increase further:
FInal Earnings= 12500 + (30 x 500) = ₹27500/-
You see, that you can turn these earnings into a real full-time career. Don’t think twice, avail of this offer right now.
Conclusion
If you are really sick of your present broker and don’t feel safe investing money with them then you can think of ICICI Direct as a good potential switch.
And for new traders, a trustworthy bank-based broker is a good option to start with, who also happens to offer several plans that help a trader gain a better perspective of their objectives in the stock market.