Icicidirect eATM

General
1

ICICIDIRECT has eATM feature. The proceeds from the sale of stock in cash segment is available in bank account on the same day, with limit of Rs 50000. ICICIDIRECT says this feature is at no extra cost, is that really true?

Does Zerodha have such feature?

Is this related to the liquid mutual fund sale proceeds available the same day in bank account (or brokerage account) up to Rs 50000?

2

@Nakul

3

We’re working on something similar. We will keep you posted.

This is for any stock sold in the secondary markets.

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