Looking to have a relationship with ICICIdirect and want to have a competitive brokerage amount; then do not forget to check out their Prepaid Brokerage Plans with Life time Validity where they have tried to offer you reduced brokerage with initial higher payout. If one is a fan of ICICIdirect; then one can save upto 84% on transactions cost with lifetime validity and an option to get the unused money back.
Remember here life time validity is only 15 years. EARLIER ALSO THEY HAD TRIED TO THRUST A BROKERAGE PLAN WITH LIFE TIME VALIDITY and it was given the name as
1st Prepaid Brokerage Plans with Life time Validity by ICICIdirect and now they have revamped the same with more prepaid card value.
Step to activate Pre-paid Brokerage Plan: Customer Service page > Select your Brokerage Plan > Select the desired Plan
Benefits
- It is offering flexibility to use the brokerage at any point of time with Lifetime validity (15 years)
- Exit option provided to get unutilized brokerage refunded.
- Brokerage rates as low as 0.12% in cash and 0.012% in margin and futures.
- Money Back - Unutilised Brokerage will be refunded at the end of validity period.
Our Take on Prepaid Brokerage Plans with Life time Validity by ICICIdirect
We feel that the charges are very high to get competent brokerage rate and these days one can get lower brokerage then listed brokerage rates without paying the fees upfront. Check the best online broker here and use either of them and take advantage with our
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