ICICIdirect Prime Plan

ICICIdirect Prime Brokerage Plan offers an eATM facility and helps to reduce the brokerage charges.

Zerodha (Flat Rs 20 Per Trade)

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.

ICICIdirect Prime plan is a revolutionary brokerage plan with a significantly enhanced and powerful proposition. The ICICIdirect Prime plan provides various benefits that include a lower brokerage of up to 0.1%, payout without 5 mins of funds on the selling of shares, and interest rates as low as 7.9% p.a. when you buy stocks today and pay for them later.

With ICICIdirect Prime Plan, you can get the benefits of low per-share pricing, an advanced trading platform, exclusive handpicked research, buy and pay later facilities, and a wide range of tradable securities at amazingly low margin rates.

ICICIdirect Prime Brokerage Plan starts from Rs. 299 to Rs. 4,999 with yearly fee and lifetime plan options. With this plan, you can reduce your brokerage up to 50% across all products.

The ICICIdirect Prime Plan offers an eATM facility that allows the customer to withdraw up to Rs. 1 Crore in 5 minutes instead of waiting for T+2 days for trade settlement in case of a sell trade.

The annual ICICIdirect Prime Plan of Rs. 299 reduces your equity cash brokerage from 0.55% to 0.27% on turnover, and in the Rs 4,999 (lifetime) plan, the brokerage further gets reduced to 0.1%.

ICICIdirect offers 6 different prime plans:

ICICIdirect Prime Brokerage Plans

Plan	Validity	Equity Cash (%)	Equity Futures(%)	Equity Options/lot	Currency & Commodity F&O/order	eATM limit (Rs.)	Special MTF Interest Rates
Rs 299	One Year	0.27	0.027	Rs 40	Rs 20	2.5 lakhs	14.90%
Rs 999	Lifetime	0.22	0.022	Rs 35	Rs 20	10 lakhs	12.90%
Rs 1,999	Lifetime	0.18	0.018	Rs 2.5	Rs 20	25 lakhs	10.40%
Rs 2,999	Lifetime	0.15	0.015	Rs 20	Rs 20	1 Crore	8.90%
Rs 3,999	Lifetime	0.12	0.012	Rs 15	Rs 20	1 Crore	8.90%
Rs 4,999	Lifetime	0.1	0.01	Rs 10	Rs 20	1 Crore	7.90%

Minimum Brokerage in ICICIdirect Prime Plans

Segment	Minimum Brokerage Charges
Equity Delivery	Rs 25 or 0.75% whichever is lower
Systematic Equity Plan (SEP)	Rs 10 or 0.75% whichever is lower
Margin Trading	Rs 15 or 2.5% whichever is lower

Steps to get ICICIdirect Prime Plan

Login to ICICIdirect.com
Go to 'Settings'
Click on 'My Brokerage Plan'
Choose 'Prime Plan'
Submit the request

ICICIdirect Prime Plan benefits

50% brokerage reduction across products.
Instant withdrawal of funds in case of sell trades up to Rs 1 crore.
Access to Exclusive research content.
Brokerage-free Intraday trading for transactions squared off within 5 minutes through complimentary Bullet Plan.
Buy stocks and pay later at reduced interest rates.

Points to Note

Customers are requested to maintain a sufficient Net withdrawal balance. The annual subscription fee of Rs. 299 gets automatically deducted from your linked ICICI bank account. You get a confirmation email once the new plan is active.
If you select the Prime plan before 3.30 PM on any working day, the plan gets activated on the same day on successful debit. However, if you select the plan after 3.30 PM, the plan gets activated from the next working day on successful debit.

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Answered on 2022-05-20

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Frequently Asked Questions

1. What is ICICIdirect Prime brokerage plan?

ICICIdirect Prime brokerage plan is one of the low-cost subscription-based brokerage plans that save more than 50% brokerage across products compared to the ICICI I-Secure plan.

ICICIdirect Prime plan charges Equity delivery brokerage in the range of 0.1% to 0.27%, Futures and Intraday trade gets charged at 0.027% to 0.01%, Options brokerage in the range of Rs 40 to Rs 10 per order and Rs 20 per order for Currency and Commodity trades.

ICICI Prime Plan has six plan options with a yearly subscription for 299 Plan and a lifetime subscription for other plans starting from Rs 999 to Rs 4999.

ICICI Prime Plan Brokerage

Plan	Validity	Equity Cash (%)	Equity Futures/Margin(%)	Options/lot	Currency and Commodity/order	eATM limit (Rs.)	Special MTF Interest Rates
Rs 299	One Year	0.27	0.027	Rs 40	Rs 20	2.5 lakhs	14.90%
Rs 999	Lifetime	0.22	0.022	Rs 35	Rs 20	10 lakhs	12.90%
Rs 1,999	Lifetime	0.18	0.018	Rs 25	Rs 20	25 lakhs	10.40%
Rs 2,999	Lifetime	0.15	0.015	Rs 20	Rs 20	1 Crore	8.90%
Rs 3,999	Lifetime	0.12	0.012	Rs 15	Rs 20	1 Crore	8.90%
Rs 4,999	Lifetime	0.1	0.01	Rs 10	Rs 20	1 Crore	7.90%

Points to Note:

You need to pay 18% GST on the chosen Prime plan amount.
Irrespective of the chosen brokerage plan, the brokerage for physical delivery of F&O contracts gets charged at 0.15%.
Call and Trade and auto-square off charges for Currency and Commodity get charged at Rs 50 per order.

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2. Is ICICIdirect Prime plan good?
ICICIdirect Prime plan is a revolutionary plan with various benefits:
- Savings of more than 50% brokerage across products.
- Option to choose from six different plans as per trading requirements.
- Instant sales payout withdrawal up to 1 Crore within 5 minutes.
- Buy stocks and pay later at special interest rates up to 7.9%
- Access to exclusive research content.
- Complimentary bullet plan that levies zero brokerage on trades squared off within 5 minutes.
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3. How much time does it take to activate ICICIdirect Prime Plan?

ICICIdirect Prime Plan gets activated on the same day you subscribe for the Prime Plan, provided the subscription request is placed before 3.30 pm on any working with successful payment.

However, if the request gets placed after 3.30 pm, the plan gets activated from the next working day on successful debit.

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4. How to check the validity of the ICICIdirect Prime Plan?
You can check the validity of the ICICIdirect Prime Plan from the My Brokerage Plan section available under Settings.

ICICIdirect Prime Plan has six plan options with yearly and lifetime subscription offers. The Rs 299 is an annual plan, while all others from Rs 999 to Rs 4999 are lifetime plans.

Steps to check the validity of ICICIdirect Prime Plan:
- Login to your ICICIdirect account.
- Go to Settings.
- Click on My Brokerage Plan to view your current plan details.
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6 Comments

6. palanisamy

| Link|November 4, 2020 4:27:53 PMReply

can I change my prime 1999 plan to prime 2999 plan in the middle ?

6.1. Vivek

| Link|May 10, 2024 11:50:04 PM

Yes you can upgrade any time

5. mrv

| Link|July 3, 2023 12:22:31 AMReply

What is the demat/DP charges on prime plan ? ICICI charges 700+GST with ISecure plan. Does the same apply here ?

4. jayavardhan reddy

| Link|May 21, 2021 10:37:36 PMReply

Hi I need best plan low brokerage

3. Ch Chandra sekhar

| Link|March 17, 2021 10:07:35 AMReply

Hi.. How to check my plan validity nik in

2. Balu

| Link|November 5, 2020 1:32:47 PMReply

In the new prime plan - 999 , equity cash brokerage is 0.22%. However, I do see in Terms & conditions, the In Currency segment, per order maximum brokerage would be Rs. 500 per order.

Could you pls confirm, sir?

1. Kannan

| Link|June 8, 2020 9:43:51 AMReply

How many day's will take for change in plan.

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