The
website is turning into a retail financial super market.
On the one end the customer can get personal loans, car loans,
housing loans on the net; on the other end is the hectic world
of e-trading. Since these banks already offer demat facilities
to their customer, they act as a depository for stock trading.
The steps are quite simple
- You need to fill a simple form in order to become an
ICICI Direct customer. Register for opening an account
and fill in the basic details leaving a request for a representative
to visit you. For the complete security of the transactions,
get a USER ID and PASSWORD while giving details for registration.
An ARN (Account Reference Number) will automatically
be generated.
- The ICICI Direct e-invest account is opened in your name
with you being the sole holder. The status of your application
can be tracked through the website by accessing the account
service section and giving ARN.
- Although you do not require paying money upfront to get
your e-invest account, in order to start trading online
it is important that you deposit money in your bank account
before placing a buy order.
- Select buy/sell option on the menu of the "Trading
Centre" screen. For example, enter scrip details of
any stock like Infosys (scrip name, quantity, market order/limit
order, demat a/c) in the buy screen and submit the order.
The system will prompt you for order verification giving details
of name of the scrip, quantity to buy, last traded price, on
that date and time, settlement number, pay in date for cash
and pay out date for stock, etc. You need to confirm this order
by clicking on the Proceed button. Once you click on the "OK"
button at the bottom of order acknowledgement, the order goes
straight in to the exchange. (Normally it takes about ½ a second
for the queue to be cleared) Now the deal is done.
More at www.icicidirect.com
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12:31:43 PM 
