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How to open NRI Demat Account in ICICI?

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An NRI can open a demat account in ICICI either by opting for an NRI 3-in-1 account which allows an NRI to open a trading and bank account along with a demat account.

The NRI Demat Account opening process is a manual process where an NRI has to fill the form online, print it, sign it and send it to the ICICI Bank Mumbai office. It takes 2 days once the paper received by the bank to open the account.

The easiest way to open an NRI demat account is by visiting any of the nearest ICICI Securities Center or ICICI Bank branches while visiting India. ICICI Securities also has its offices in Oman, Bahrain, Abudhabi, and Dubai.

Steps to open NRI Demat Account in ICICI

  1. Visit www.ICICIDirect.com website.
  2. Click on the 'Open an Account' tab on top.
  3. Click the 'Get Started' button.
  4. Click on the 'Non-Resident Indian (NRI)' tab.
  5. Choose the country.
  6. Fill up the Application Form online.
    1. Print the completed form & follow the CHECKLIST for signatures, photographs, and documents.
    2. Attach the required attested documents to the printed form.
    3. Send it to the address mentioned in the checklist.

Note:

  • ICICI Direct does not offer trading account to US-based NRI customers.
  • Send an email to the customer care at nri@icicidirect.com for help in the account opening.