Home›Learning Center›ICICI Bank Demat Account | Charges, Benefits & How to Open

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15 Dec 2025

ICICI Bank Demat Account | Charges, Benefits & How to Open

demat-account

Key Takeaways

The ICICI Bank Demat Account provides online access via internet banking for easy holdings tracking and transactions, as well as no account opening fees.
There are annual maintenance fees (usually ₹700 + GST starting in year two for a regular account) and transaction/debit instruction fees when you sell securities. These fall under the demat account charges of ICICI Bank.
It is kept in a “3-in-1” setup with an ICICI Bank trading account and a linked savings account, which ensures smooth transfers between banking, trading, and holdings.

“Tired of confusing investment terms? Terms like “DP charges” and “dematerialization” may seem complicated, but a demat account simplifies and eases the entire process.”

A demat account keeps all of my shares and securities online, similar to storing crucial documents in a secure digital folder rather than a physical file. I can keep my money, trade, and track holdings in one connected location without having to switch between platforms because of ICICI Bank.

When I first purchased mutual fund units through ICICI Bank, they immediately showed up in my demat account. I didn't wait for paper documents or fill out any additional forms. It felt easy because the bank automatically added those units to my demat account, and I could view my updated portfolio in a matter of seconds.

This blog explains the process in an easy-to-understand manner to give you confidence before beginning your ICICI Bank demat account opening journey. It also gives clarity on the demat account charges of ICICI Bank for new investors.

Bonus Tip: ICICI Bank is the first bank in India to have more than 75,00,000 demat accounts with the depository, indicating the high level of investor confidence in its 3-in-1 savings, trading, and demat service.

Eligibility Criteria to Open an ICICI Bank Demat Account

Not everyone gets to join the investment party. Are you on the VIP list or stuck at the door?

These eligibility rules apply whether you want a standalone demat or you are planning a full ICICI Bank demat account opening with the 3-in-1 setup that includes an ICICI Bank trading account.

Account Type	Key Eligibility Criteria	Suitable Users
Regular Resident Demat	Valid PAN in the applicant’s name Complete KYC with ID and address proof Linked savings bank account Minors allowed with a guardian's signature	Adults starting regular investments and minors whose guardian manages the account
Basic Services Demat Account (BSDA)	Only one BSDA allowed per person Account must be held in a single name Total holdings must stay within ₹10,00,000 Mandatory SMS alerts linked to a mobile number	Small or occasional investors who want low charges and simple account management
NRI Demat Account (3-in-1 NRI Setup)	Valid passport and visa Active NRE or NRO bank account PAN and overseas address proof FEMA declarations and NRI-specific documents	Non-Resident Indians who want to invest in India through an approved, compliant route

I found that the ICICI Bank has a simpler structure for the BSDA option, extra requirements for NRIs, and standard KYC for everyone.

Required Documents for ICICI Bank Demat Account

ID, address, bank proof sounds like a lot, but it’s just your passport to money magic. This is a brief list of the required documents:

Document Type	Description
Identity Proof	PAN card (mandatory) or Aadhaar/Passport, etc.
Address Proof	Driving licence, passport, voter ID, utility bill (recent)
Bank Proof	Cancelled cheque or bank statement of the linked savings account

You'll need all of these to complete the account opening process.

How to Open an ICICI Bank Demat Account?

Opening a demat online is easier than ordering pizza And offline is like a treasure hunt with instant rewards. There are two simple ways to open a demat account with ICICI Bank:

Process

Steps

Online Process

1. Log in to your ICICI Bank savings account and go to “3-in-1 Account”.

2. Complete personal and financial details, upload PAN + address proof, link your savings + trading + demat.

3. Perform e-KYC/video verification and e-Sign the form.

4. Submit and wait for account activation (often within 48 hours).

Offline Process

1. Visit a branch of ICICI Bank that offers Demat services and collect the “Account Opening Form - Securities Account”.

2. Fill the form, attach KYC documents (PAN, address proof, bank proof), and submit originals for verification.

3. Link savings account + trading + demat, sign the agreement.

4. After verification, you receive login credentials, and your ICICI Bank demat account is active.

Your demat account will be connected to both your mobile app and online banking once done. You can later access it through the ICICI Bank demat account login.

ICICI Bank Demat Account Charges

Worried about hidden fees ICICI Bank keeps it clear so your wallet won’t scream. These are the main charges for the ICICI Bank demat account (and related trading):

Charge Type	ICICI Bank Demat Account Charges
Account Opening Fee	₹0 (No fee for opening a Demat or Trading account online)
Annual Maintenance Charge (AMC)	₹700 + GST per year (charged from 2nd year for regular accounts). BSDA accounts have lower or zero AMC depending on the holding value.
Debit/Transaction Charge	0.04% of the transaction value (Minimum ₹30, Maximum ₹25,000) when selling shares through internet-based trades.

These fall under official ICICI Bank demat account charges. I was notified of the annual AMC and transaction charges when I sold securities, even though I hadn't paid to open my account.

Conclusion

I found opening an ICICI Bank Demat Account to be simple with no opening fee, standard KYC and eligibility requirements, a clear charge schedule, and a smooth connection to trading and bank savings. It's something to consider if you plan to trade and invest in stocks. Visit their official website to review the most recent terms.

FAQs Related to ICICI Bank Demat Account

Is opening a Demat account compulsory for opening a Salary account in ICICI Bank?

No, opening a Demat account is not compulsory for opening an ICICI Bank Salary Account. You can open a salary account independently.

How do I close my demat account from ICICI?

You need to submit the Demat Account Closure Form at any ICICI branch with your valid ID proof. After verification, the account is closed within a few working days.

What are the charges for an ICICI Bank demat account?

ICICI Bank charges ₹0 for account opening, ₹700 + GST as annual maintenance from the 2nd year, and 0.04% (min ₹30) as share-debit charges. Other service charges also apply.

How can I transfer funds from my ICICI Bank Demat account to my ICICI Bank savings account?

Funds are automatically credited to your linked ICICI Bank savings account when you sell shares. No manual transfers are required.

How do I log in to my Demat holdings with ICICI Bank?

Log in to ICICI Internet Banking or the iMobile app, open the “Investments” or “Demat” section, and you can view all your holdings and statements.

Other Related Pages
Kotak Bank Demat Account	What is Trading & Demat Account	ICICI Bank Demat Account
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IIFL Demat Account	Motilal Oswal Demat Account	Upstox Demat Account

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LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.