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*Note:

If you do not hold a Savings Account with ICICI Bank, please Click Here to open a 3-in-1 Account. ICICI Bank representative will get in touch with you to open a 3-in-1 Account. 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.

Demat Account 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.

Is it compulsory for the investors to use the new handle only?

The investors can choose their preferred mode of payment, such as UPI, IMPS, NEFT, RTGS, or Cheques. If an investor opts to use UPI for the payment to registered intermediaries, then they have to do so only using the new UPI IDs allotted to registered intermediaries.

What should I check while making payment using the new UPI IDs/ QR Code?

Investors need to keep following things into consideration:

1. The UPI ID should properly show the name of the intermediary, followed by the short abbreviation of their category for example “brk” for Brokers, “mf” for Mutual Funds to the left of the “@” character.

2. On the right side of the “@”, the new and exclusive handle “@valid” should be present, followed by the bank name.

3. On the confirmation screen, the app should show a white thumbs-up icon inside a green triangle.

4. The QR code generated using the utility will have a white thumbs-up icon inside a green triangle. It will also display the UPI ID just below the QR code. 

Do investors also need to obtain new UPI handles to transact in the securities market?

No, the new UPI IDs are only for intermediaries to obtain and investors can continue to use their existing UPI IDs.

Whom to approach if my transaction/ payment fails with the new UPI ID?

The secure validated UPI ID of intermediaries will use the same banking channel as the earlier generic UPI handles. In case of any technical difficulty, investors are requested to approach their respective bank.

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