MoneyWorks4Me

ICICI Securities extends eATM facility for trades on NSE

02 Aug 2019 Evaluate

ICICI Securities has extended its eATM facility, which instantly credits the proceeds from share sales into a retail investor's bank account, for trades on the National Stock Exchange (NSE).

Under the eATM facility, a client can sell stocks, and the sale proceeds get reflected to his account within 30 minutes, as against the usual waiting period of T+2 days under the current settlement system. eATM facility comes at no extra cost and has a daily limit of Rs 50,000 per client, helping clients meet any emergency fund requirement.

ICICI Securities is an integrated securities firm offering a wide range of services including investment banking, institutional broking, retail broking, private wealth management, and financial product distribution. 

ICICI Securities Share Price

895.70 0.00 (0.00%)
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