Syndicate Bank ties up with Kotak Securities
Syndicate Bank on Monday announced its tieup with Kotak Securities to give fillip to the online trading account facility Under a brokerage sharing...
Hyderabad: Syndicate Bank on Monday announced its tie-up with Kotak Securities to give fillip to the online trading account facility. Under a brokerage sharing model, the public-sector bank would provide savings, current and demat account service whereas, the stock broking arm of Kotak group will facilitate the trading account.
The partnership offers customers of the bank with a platform for trading in securities as a value addition. This feature is titled as Synd-Trinity, an online trading facility for three-in-one account.
SP Sharma, General Manager (Marketing), Syndicate Bank, said: “Synd Trinity, a 3-in- 1 product with interlinking of CASA account along with demat and trading account is beneficial to those who are trading in shares.
Customers can open a new CASA account or link the existing CASA account to his demat and trading account. With this, the customer will get the leverage of maintaining all three accounts on the same platform.”