On-line selling facility
ICICI Bank Loans Against Securities, in association with ICICI Securities Ltd. brings you a facility that enables you to sell your pledged shares online.
This facility helps you take advantage of price movements in the shares against which you have availed of an ICICI Bank Loan. You can exit at the best-price at any point of time. The facility is also available for shares in your Demat Accounts with other depositories.
The sale proceeds will be credited to your Loan Account after deducting service charges and all applicable taxes, as per the prevailing TDS guidelines.
Just access your Account using your User ID and Password at www.icicidirect.com. Note that the use of this facility will be subject to your acceptance of the relevant terms and conditions.
For further details, call your LAS Relationship Manager or refer to the following questions:
Popular FAQs on the Online Selling Facility
How does this product help me sell the shares pledged with ICICI Bank?
With this unique facility to sell pledged shares, brought to you by ICICI Bank and ICICI Securities Ltd. you can place a ‘sell’ request online in a simple and hassle-free manner.
Who can avail of this facility?
Any Resident individual who is a LAS customer of ICICI Bank, can avail of this facility.
How can I avail of this facility?
Log on to ICICIdirect.com using your User ID and Password. You can then place your ‘Sell’ request. This request will be sent to ICICI Bank. On the Bank's acceptance of the request, it will be sent to the exchange for execution. The funds, after deducting the applicable service charges, will be directly credited to your Account.