Why ICICI Direct?

You can now Invest in Indian Markets from anywhere in the world seamlessly with ICICIdirect.com.

Convenience

With ICICIdirect NRI account the Bank, Demat and Trading account are integrated for seamless and paperless investment in Stocks, ETF, IPO, Mutual Funds and more online from anywhere in the world. With a single login you can get access to NRE / NRO and for investment in shares through PINS and in primary market through NON PIS.

Value added features

The ICICIdirect NRI account offers you features like Valid Till Cancel with 45 days validity to beat the time difference with respect to India by placing orders which are valid till 45 days. You can also systematically invest in equity by placing SEP orders to auto invest in Equity at desirable intervals.

TDS Settlement

With a hassle free and automated settlement of TDS on Capital gains the the pay-out gets directly credited to NRO/NRE bank account post deduction of applicable TDS. The short term losses are also set off against any future short term profits during the financial year in the PINS account which helps in minimizing the tax outflow and avoiding the need to claim excess tax later from Income Tax Dept.

Tracking & Review

Monitoring your investments is as important as making one. With auto alerts and customers alerts on the mobile app you can keep a track of your investment and make informed decisions on your portfolio.

All-inclusive pricing

The brokerage charged on your transactions are all inclusive and there is no separate transactional charges on repatriation, TDS settlement, PIS reporting charges and DP sell charges. You can also avail upto 84% discount on brokerages by subscribing to our competitive pricing plans to bring down your cost on transactions.

We Offer

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod

The ICICIdirect.com trading account is a combination of four different types of accounts. The accounts available to you for trading depends on options chosen by you while filling the application form based on type of transactions and the type of funds that you want to use for your investments.

  • Demat Accounts can be NRE or NRO
  • Savings Account can be NRE or NRO
  • Trading Account can be PINS or NON PINS

Hence the types of Account that ICICI Direct provides to NRI clients would be :

  • NRE-PINS : This allows for transactions under PINS on Repatriable basis
  • NRE-Non-Pins : This allows for transactions under Non-PINS on Repatriable basis
  • NRO-PINS : This allows for transactions under PINS on Non-Repatriable basis
  • NRO-Non-Pins : This allows for transactions under Non-Pins on Non-Repatriable basis

Value Added Features

Portfolio Investment Scheme (PINS) is a scheme of RBI through which NRIs and PIOs can buy and sell shares and convertible debentures in Indian Stock Exchanges.

Investment in Indian markets can be made only after approval from RBI. Designated Banks are authorized to issue permission on behalf of RBI. ICICI Bank is one of the designated banks for PINS.

NRIs can authorize only one Bank for Portfolio Investment Scheme, and as such can have only one PINS account. Application for PINS to ICICI Bank is made on behalf of the NRI client through the ICICI Direct application form.

A NRI or a PIO can have only one PINS approval in India.

TDS : Tax deducted at Source

Portfolio Investment Scheme (PINS) is a scheme of RBI through which NRIs and PIOs can buy and sell shares and convertible debentures in Indian Stock Exchanges.

Investment in Indian markets can be made only after approval from RBI. Designated Banks are authorized to issue permission on behalf of RBI. ICICI Bank is one of the designated banks for PINS.

NRIs can authorize only one Bank for Portfolio Investment Scheme, and as such can have only one PINS account. Application for PINS to ICICI Bank is made on behalf of the NRI client through the ICICI Direct application form.

A NRI or a PIO can have only one PINS approval in India.

Portfolio Investment Scheme (PINS) is a scheme of RBI through which NRIs and PIOs can buy and sell shares and convertible debentures in Indian Stock Exchanges.

Investment in Indian markets can be made only after approval from RBI. Designated Banks are authorized to issue permission on behalf of RBI. ICICI Bank is one of the designated banks for PINS.

NRIs can authorize only one Bank for Portfolio Investment Scheme, and as such can have only one PINS account. Application for PINS to ICICI Bank is made on behalf of the NRI client through the ICICI Direct application form.

A NRI or a PIO can have only one PINS approval in India.

Advance Order Types

Portfolio Investment Scheme (PINS) is a scheme of RBI through which NRIs and PIOs can buy and sell shares and convertible debentures in Indian Stock Exchanges.

Investment in Indian markets can be made only after approval from RBI. Designated Banks are authorized to issue permission on behalf of RBI. ICICI Bank is one of the designated banks for PINS.

NRIs can authorize only one Bank for Portfolio Investment Scheme, and as such can have only one PINS account. Application for PINS to ICICI Bank is made on behalf of the NRI client through the ICICI Direct application form.

A NRI or a PIO can have only one PINS approval in India.

Competitive Pricing Plans

Your ICICIdirect NRI account has an all-inclusive pricing which includes brokerage, repatriation cost, TDS settlement charges, PIS reporting charges and DP sell charges. You can also subscribe to our competitive pricing plans to bring down your cost on transactions to 0.2% saving you 84% on brokerage pain

Subscription to this brokerage plans comes with a 15 year validity to give you freedom to use whenever you want and a flexibility to exit after completion of 1 year of subscription and get a full refund of the unutilized brokerage.

Prepaid Plan Cash Brokerage Turnover (Rs) Brokerage at 1.25% Savings compared to 1.25% Savings %
10000/- 0.75% 1333333 16667 6667 40%
50000/- 0.75% 10000000 25000 75000 60%
100000/- 0.35% 28571429 357143 257143 72%
200000/- 0.30% 66666667 833333 633333 75%
300000/- 0.20% 150000000 1875000 1575000 85%
  • GST of 18% is applicable on the prepaid amount

To choose your desired Brokerage Plan visit www.icicidirect.com > customer service > my profile > select brokerage plan.

open an account

Outside India and want to open an Idirect account?

You will have to register online for opening a NRI account by clicking here and generate an Account Reference Number (ARN). Our account opening team will reach out to you over call and email to initiate the account opening process

Link - https://secure.icicidirect.com/IDirectTrading/customer/CustomerOpenAccNRI.aspx

Documents required for opening NRI Idirect account

  • Valid Passport
  • Valid Visa
  • PAN card
  • Overseas Address Proof
  • OCI Card (required in case of foreign passport with ‘Place if birth’ as foreign country)

If you are in Indiat

You may visit any of the ICICIdirect or ICICI Bank branches and our representatives would for filling the NRI account opening form and provide required documents