Can I open ICICI Direct account online?

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Are you a day trader?

Yes, you can open an ICICI Direct account online. The account is opened as a 3-in-1 account, which consists of a bank account, trading account and a demat account. The online 3-in-1 account opening is paperless but it requires In-person verification (IPV) done by a local ICICI bank representative. NRI's can also open ICICI Direct NRI 3-in-1 Account online.

Steps to open ICICI Direct Account Online

  1. Visit website.
  2. Click on the "Open an Account" button in the top navigation bar.
  3. Click on the "Get Started" button.
  4. Enter your PAN Number, Date of Birth and Name
  5. Follow the remaining process and submit the form.
  6. A local ICICI Bank employee will visit you for IPV.
  7. Once IPV is done, the account is opened in 48 hours.

If you already have a bank account with ICICI Bank and would like to open demat and trading account with ICICI Direct, you will have to follow the old paper-based account opening process as below.

Steps to open ICICI Direct Offline

  1. Visit nearby ICICI branch or call them.
  2. The company's executive will visit you within 2 working days to collect documents and complete the other account opening formalities.


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