New Delhi: State Bank of India has introduced a 3-in-1 account that offers the benefits of a normal bank account, a demat account and an online trading account. The new banking facility for the customers will provide them a simple and paperless trading experience.
By using the account, clients can kickstart their stock market journey as they will get the benefit of a new banking facility along with a demat and trading account. To start investing in the stock markets, one must have a demat and trading account.
Customers opening a 3-in-1 account may be able to invest in an Initial Public Offering (IPO) to benefit from listing benefits. SBI said that customers can visit 3 in 1 account opening with e-margin facility to know more about the new service. Read also: IRCTC Update: There will soon be reserved berths for women in long distance trains
SBI gave more information related to its new banking facility in a tweet. “Experience the power of 3-in-1! An account that combines savings account, demat account and trading account to provide you a simple and paperless trading experience,” said SBI. Also read: LIC’s IPO is unlikely to come in the current financial year, here investors will have to wait a little longer
SBI 3-in-1 Bank Account: List of Documents Required
PAN or Form 60
Valid documents for proof of address:
Passport
Other Documents Required for SBI Demat and Trading Account Opening:
Passport size photograph (one)
live TV
#Mute
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