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What is ICICI Direct eATM?

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

eATM is an abbreviation for Equity ATM. It is a facility offered by ICICIdirect in which a customer would receive the credit of funds within 5 minutes from the time of execution of a sell order in the cash segment. Normally, the payout cycle is of T+2 days but in eATM, the payout cycle is reduced to 5 mins. This helps a trader in managing his funds better and make more trades with the same funds as the fund is not locked for 2 days.


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