ICICI Bank Demat Account is the initiation part of ICICI Bank Demat services. The bank endeavors to offer the most reliable demat customer care with the most competitive charges. The dedicated customer base for the ICICI Bank Demat service has increased rapidly to over 11.5 lakh customers. For application, you can either contact the ICICI Bank branches providing demat services or download the application form from ICICI Bank website. No account-opening fee is applicable. The brokerage charges levied are applicable as per the transaction you make and are clearly mentioned on the membership guide you receive.
You are allowed to have zero balance of securities in your ICICI Bank Demat Account. ICICI Bank being a depository participant (DP) allows you to trade in shares in electronic form. E-instructions with transfer of securities 24 x 7 through Internet and IVR (Interactive Voice Response) are some of the basic facilities that you get.
Other features of ICICI Bank Demat Account include::
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Dematerialization of your scattered physical shares and consolidating them into your primary ICICI Bank Demat Account
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Account statement on regular basis through email
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Detailed statements about the dividend, interest and bonus earned
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SMS request for instant information on holdings, transactions, bill & ISIN
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SMS alerts for all debits and credits to your account
ICICI Bank Demat Account Customer Care
ICICI Bank 24 x 7 customer care provides all the required info on the ongoing brokerage charges, application status, procedure for address change, and address of your nearest ICICI Bank branch providing demat services (235 Branches).
ICICI Bank provides direct online application for demat account opening. This has especially made the service easily accessible for NRIs.
Online forms are available at the website mentioned below where you can download and submit the form online too. The website also gives you an online demat demo to instruct you about how to use ICICI Bank Demat Services through the Internet Banking Service of ICICI bank
Website: http://www.icicibank.com/Pfsuser/demat/demathome.htm