Have you just opened your account in ICICI Direct? Are you finding it difficult to access it? Let’s make it simple for you by providing you the detail of how to use the Demat account ICICI.
But how to use it efficiently is something that challenges them. So, let’s start from the first step.
Once you complete the process of Demat account opening, you get the confirmation in your email. This confirmation message contains the login information, USER ID, and PASSWORD.
Now, these login credentials are used to access the trading app.
So, here comes the first step to use the Demat account ICICI, download the ICICI Direct Mobile app.
Also, you can simply log in to the ICICI web application to access the Demat account.
Once you download the app using the credentials, Reset Your Password to make your account secure and safe. For this click on the option, GENERATE PASSWORD.
Make sure the password is STRONG ENOUGH to avoid any kind of hassle or fraudulent activity in your account.
Now coming to the basic question, how to use Demat account ICICI for trading?
Once you log in to the application, you can explore various features of the app and can trade in any of the segments without any hassle.
To buy shares with ICICI Demat Account, here are the steps below:
Select the stock, either by clicking on the SEARCH button or from the Watchlist.
Next click on the BUY button.
Add the quantity and price (in case of a limit order).
Now select the product type (Intraday or Delivery).
Use the advanced order type (SL, BO, or CO), if required.
Click on Confirm.
So, simply by following a few simple steps, you can use the Demat account ICICI to buy and sell shares for trading.
How to Operate ICICI Demat Account Online?
Apart from this, you can use the Demat account for the following purposes:
Manage your Portfolio
Invest in different trading segments including Mutual Funds
To apply for IPO
For investing in Bonds
To plan global investment
Also, you can make use of the demat account to add nominee details.
For this simply click on the SETTING BUTTON in the app. Click on the option SERVICE REQUEST.
Here you are provided with an option to Add Nominee details. Just fill in the required details and click on SUBMIT button.
So, if you are confused about how to use the Demat account ICICI then here is the way of using it efficiently.
Just make sure that you secure it using the Strong Password.
In case of any query or issue, you can reach ICICI customer care for the support services.
Not having a Demat account yet? Open it now! Get in touch with us and we will assist you in choosing the best stockbroker and in opening a Demat account online.
