Application Fees

INR 4000 (one time Application Fees)

Brokerage Charges

Total Eligible Turnover (Volume of Transaction) per month	Brokerage for next month
Trades above Rs. 50,00,000/-	0.50 %
Rs. 25,00,001/- to Rs. 50,00,000/-	0.75 %
Rs. 10,00,001/- to Rs. 25,00,000/-	0.90 %
Rs. 5,00,001/- to Rs. 10,00,000/-	1.00 %
Up to Rs. 5,00,000/-	1.25 %
SERVICE TAX OF 10.30 % of BROKERAGE will be charged additional.
SECURITIES TRANSACTION TAX (STT) at the rate of 0.125% of turnover will be charged in additional to the Brokerage on all Delivery Trades .

How the Variable brokerage rate works

If the total value of buy and sell transactions is Rs.7,00,000 (Rs.7 lacs) or more in any calendar month, commission for the immediate next month would come down by 25 basis point to 1.00%. However if in the next calendar month, the total value of buy and sell transactions is less than Rs.5,00,000 (Rs.5 lacs), the applicable commission for the immediate next month would increase by 25 basis point and get reinstated to 1.25 %.

For example, the total value of buy and sell transaction for a Month I is Rs.30,00,000. Applicable brokerage for the Month II would be 0.75 %, which would be retained at 0.75% or revised upward up to 1.25 % for Month III based on the total value of transaction in Month II.

MONTH	TURNOVER	BROKERAGE RATE	NEXT MONTH BROKERAGE AS PER TURNOVER DONE
MONTH - 1	30,00,000/-	1.25 %	0.75 %
MONTH - 2	60,00,000/-	0.75 %	0.50 %
MONTH - 3	12,00,000/-	0.50 %	0.90 %
MONTH - 4	2,50,000/-	0.90 %	1.25 %

PINS (Portfolio Investment Scheme) Charges

Portfolio Investment Scheme (PINS) charges are Rs.1000 per annum from 2nd year onwards. Charges for the first year and are waived for ICICIdirect customers.

Demat Account Charges (With effect from June 01, 2005):

 

	Fee Head	For Domestic Communication Address	For Foreign Communication Address
1	A/c opening Charges	NIL	NIL
2	Annual Services Charges (waived for all ICICIDirect.com customers for the first financial year in which they open the account)	Rs.500/- (Rs.450/- for statements received by e-mail)	Rs.1200/- (Rs.1150/- for customers statements received by e-mail)
3	Agreement Stamp Paper	Rs. 100/-	Rs. 100/-
4	Transaction Charges
	Market and Off market BUY	Nil	Nil
	Market and Off-Market SELL	Nil for trades through ICICIdirect.com	Nil for trades through ICICIdirect.com
		0.04% (minimum Rs. 10/-) for e-instructions through internet.	0.04% (minimum Rs. 10/-) for e-instructions through internet.
		0.04% (minimum Rs. 15/-) for e-instructions through call center.	0.04% (minimum Rs. 15/-) for e-instructions through call center.
		0.04% (minimum Rs. 30/-) for instructions submitted at branches.	0.04% (minimum Rs. 30/-) for instructions submitted at branches.
	Extra charges for processing of TIFDs submitted late	Rs. 10/- per ISIN for instructions submitted at branches	Rs. 10/- per ISIN for instructions submitted at branches
5	Rejections/fails	Rs.30/-	Rs.30/-
6	Demat Charges	Rs.35/- per request and Rs. 2/- extra for each certificate	Rs.35/- per request and Rs. 2/- extra for each certificate
7	Remat Charges	Rs. 20/- for each request form	Rs. 20/- for each request form
8	Closure of Account	Nil	Nil
9	Pledge Creation/Closure/Invocation/ Confirmation (% of value for each ISIN in each request)	0.02% (minimum Rs. 15/-) if ICICI Bank is counter party	0.02% (minimum Rs. 15/-) if ICICI Bank is counter party
		0.04% (minimum Rs. 30/-) if ICICI Bank not a counter party	0.04% (minimum Rs. 30/-) if ICICI Bank not a counter party
10	Courier / postal charges for security items, additional TIFD/IDT Booklets, Security certificates	Nil	Rs. 350/- for each request

 

Current NSDL charges:

Market and Off-Market SELL	Rs. 8/- per debit instruction & nil for commercial paper and short term debt instruments (included in the brokerage structure of ICICIDirect.com customers)
Remat	Rs.10/- per certificate.
Pledge Creation	Rs. 25/- per instruction

• In addition to above , NSDL charges as applicable from time to time are recoverable.
• The value of shares and charges is calculated as per NSDL formula and rates.
• There will be a charge of Rs. 100/- for dishonour of any cheque or unsuccessful attempt to recover payment through direct debit or ECS. The depository services are liable to discontinuation if ICICI Bank is unable to recover charges from the customer for any reason whatsoever. In such cases there will be a charge of Rs. 250/- for resumption of services and the services will be resumed after a minimum of three working days from the date of receipt of request at Central Processing Office, Mumbai.
• Any service that is not indicated above will be charged separately as per the rates applicable from time to time.
• ICICI Bank reserves the right to revise the tariff structure from time to time, with notice of 30 days. The notice may be given by ordinary post or by an advertisement in a national daily.
• If the Demat Account is closed during the year, no pro-rata refund of Annual Service Charge will be made. 

 

 

 

Minimum Order Value

 

Minimum order value would be Rs.500.

 

The minimum value of the order that would be accepted would be Rs. 500/- and the minimum brokerage would be Rs. 25/- per trade. The minimum brokerage is Rs.25/- or 2.5% of the trade value whichever is lower. The brokerage is inclusive of bank's charges for Portfolio Investment Services (PINs), demat market transaction charges and postage charges. Service Tax and Securities Transaction Tax (STT) will be charged additional as per the applicable rate.