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ICICI direct - NRI Account and Benefits 2024

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ICICI Securities Pvt Ltd. NRI Trading
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

ICICI direct offers the 3-in-1 (demat, trading and banking) NRI account for its international clients. Both NRE and NRO clients can trade and invest in the Indian stock market through ICICI direct's trading platforms at the best brokerage conditions. NRIs also get the same benefits and features of this ICICI Direct Stock Broker as the locals.

Open ICICI direct NRI account

ICICI direct offers 3-in-1 account opening for non-resident Indians. The process of opening an NRI account with ICICI direct is quite simple and you can follow these steps:

  1. Visit this official link of ICICI direct NRI Account
  2. Fill the details in the online application form.
  3. Upload your photo, signature, bank statement and passport to complete the KYC process
  4. Verify your photo live and submit the form.

ICICI direct is a full-service stockbroker who will also provide you with a representative with whom you can arrange a meeting and who will educate you about the entire account opening process and market-related risks and operations.

ICICI direct NRI Account Opening Video

This demo video helps you understand the entire process of an NRI account.

Documents for ICICI direct NRI Account

The required documents for opening an NRI account with ICICI direct are listed below. Your account will be activated once your documents are verified by DP:
1. Copy of passport
2. Copy of visa
3. Bank account details for NRO or NRE
4. Proof of address abroad
5. PAN card
6. Aadhar card
7. Photo

ICICI direct NRI Mutual Funds Charges

The fees for opening an NRI account with ICICI direct are Rs 4000 (one time) and the brokerage fees for NRI are defined as follows:

Particulars Charges
NRI Account opening charage Rs 4000
Equity Delivery Brokerage 0.5 % to 1.25 %
Equity Future Brokerage 0.03 % to 0.05%
Equity Option Brokerage Rs 70 to Rs 95

Governor's Tax and Stock Exchange Tax are also levied on brokerage transactions and are listed as follows:

  1. STT (Securities Transaction Tax)
  2. Transaction Tax
  3. Stamp duty
  4. Service tax on brokerage transactions

ICICI Direct NRI Trading Account Platform

ICICI direct provides its global clients with the same trading and investment platform as local clients. The trading platforms are technologically advanced and equipped with modern trading tools. NRIs can also access the ICICI direct Breeze API platform to connect with other trading tools and products.

  1. ICICI direct (web-based) trading platform
  2. ICICI direct or idirect mobile application
  3. ICICI Trade Race - desktop terminal
  4. ICICI Breeze API

ICICI Direct NRI Account Benefits

ICICI direct offers many benefits and services to its NRI clients when they subscribe to the brokerage plan.

  1. eATM: You will receive the money within 5 minutes after selling shares. You do not have to wait for T+2 trading days to receive the money
  2. Automated capital gains tax settlement
  3. Real time portfolio tracking
  4. Look forward to the brokerage plan
  5. Invest in primary and secondary market with a single NRE and NRO account.

ICICI direct NRI Customer Support

ICICI direct offers 24/7 customer care support. So, if you face any difficulty while trading or using the trading platforms, you can contact ICICI direct team.

S.No. Particulars Customer Support Helpline No.
1. ICICI direct customer care number 022-40701841
2. ICICI direct customer care e-mail [email protected]
Request call back from Zerodha

FAQs

ICICI NRI Account is 3-in-1 Account having ICICI Bank Account (NRE or NRO), ICICI Bank Demat Account (NRE or NRO) and ICICI Securities NRI Trading Account linked to NRE or NRO Account.

  1. Register Online and Print the form

    ICICI NRI Account opening is not fully online. You required to print and send the form to the ICICI Office.

    • Online registration is required to start the application process. Go to icicidirect.com>Open an account>NRI. Register yourself.
    • An email will be sent on your email address with the NRI Account application form.
    • Fill up the application form online.
    • Print the completed form, sign and attach photographs, and attested documents.
    • Send it to the ICICI Direct Office Address provided on the form.
  2. Visit ICICI Securities Center or ICICI Bank branch in India

    When in India, you can visit nearest ICICI Bank or ICICI Securities branch to fill the application form with the help of the representative.

  3. Visit ICICI Offices Abroad

    ICICI has offices in Oman, Bahrain, Dubai, Abu Dhabi. If you are someone residing in these countries then you can fill the account opening form and submit at the nearest ICICI Offices.

 

ICICI direct offers the best "NRI Prime" brokerage plan for NRI. NRI can subscribe to this plan while opening an account.

 

Yes, ICICI direct offers a 3-in-1 account (demat, trading and bank) to its NRI clients. This allows them to start trading and invest in the Indian stock market.

 

Yes, NRE (Non-Residential External) and NRO (Non-Residential Ordinary) can open an account with ICICI direct.

 

Yes, ICICI direct NRI Mutual Fund offers NRIs the opportunity to invest in the Indian market. You can invest in various sectors SIP, NFO (New Fund Offer), ETF (Exchange Traded Fund), ELSS, Research Backed Baskets and many more.

 

Last Updated on 2023-09-14