ICICI Direct Prime Plan

Save over 60% on Brokerage

We can help you save between 60% to 90% brokerage fee & taxes. Contact us today...

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Are you a day trader?
ICICI Direct Prime Brokerage Plan offers an eATM facility and helps to reduce the brokerage charges.

ICICI Direct Prime Brokerage Plan offers an eATM facility and helps to reduce the brokerage charges. The plan comes in 3 variants with a yearly fee of ₹900 to ₹9500.

eATM by ICICI Direct is an Equity ATM facility. In this facility, the customer gets same-day credit of up to ₹1 Crore in the trading account when they sell shares, instead of waiting for T+2 days trade settlement. In a normal settlement cycle, it gets T+2 days (T being the day of the trading) to get your money into your trading account when you sell stocks.

The ₹900 Prime Plan reduces your equity cash brokerage from 0.55% to 0.25% on turnover. The ₹9500 plan reduces it further to 0.15%.

ICICI Direct offers 3 different prime plans:

Prime Plan eATM Daily Limit Brokerage (Equity Cash) Brokerage (Intraday & Futures) Brokerage (Options) Margin Trading Interest Rate
₹900 Yearly ₹10 Lakhs 0.25% 0.025% ₹35 per lot 12.9% per year
₹4500 Yearly ₹25 Lakhs 0.18% 0.018% ₹25 per lot 11.4% per year
₹9500 Yearly ₹1 Crore 0.15% 0.015% ₹20 per lot 8.9% per year

Minimum Brokerage in ICICI Direct Prime Plans

Segment Minimum Brokerage Charges
Equity Delivery ₹25 or 2.5% whichever is lower
Systematic Equity Plan (SEP) ₹10 or 2.5% whichever is lower
Margin Trading ₹15 or 2.5% whichever is lower

Steps to get ICICI Direct Prime Plan

  1. Login to ICICIdirect.com
  2. Go to 'Customer Service'
  3. Go to 'My Profile' section
  4. Click on 'Select Brokerage Plan'
  5. Choose 'Prime Plan'
  6. Select one of the prime plan - 900, 4500 or 9500
  7. Submit the request

The plan subscription fee is automatically deducted from your linked ICICI bank account. You get a confirmation email once the new plan is active.

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1 Comments

Kannan
1. Kannan  Jun 8, 2020 08:43 I Like It. | I Don't Like It. | Report Abuse Reply
How many day's will take for change in plan.








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