ICICIdirect launches ‘Insta Account'

Mumbai, India, Aug 20: ICICI Securities, India's largest online investment service provider, today announced the launch of ‘Insta Account’, a completely online and paperless investment account. A Resident Indian who is KYC compliant as stipulated by SEBI can open an Insta Account on www.icicidirect.com to invest in Indian Mutual Funds. The investor has the freedom to use any of their existing internet banking account. With the Insta Account, investors also get the opportunity to explore and experience the range of benefits offered by ICICIdirect to its existing customers. ICICI Securities has made the account opening formalities convenient by streamlining the process with the existing KYC formalities, thus eliminating the inconvenience and lengthy process of filing and submitting paper documents. There are no charges to open an Insta Account on www.icicidirect.com Launching the new account, Mr. Vineet Arora, Executive Vice President ICICI Securities “Today internet and smartp...