3-in-1 (Savings, Demat and Trading) Account
3-in-1 (Savings, Demat and Trading) Account
3-in-1 (savings, demat and trading) account is a combination of Demat, Trading and Savings Account.
Demat account: A demat account helps investors hold shares and securities in an electronic format. In this partnership arrangement, the demat account will be provided by our partners.
Trading account: A trading account can be any investment account containing securities or other holdings. It is used to buy and sell securities. In this partnership arrangement the trading account will be provided by our partners.
The Bank offers 3-in 1 Demat and Trading account services in partnership with SEBI registered brokers namely Motilal Oswal Financial Services Limited (MOFSL) and Centrum Finverse Limited (CFL)
Key benefits of 3-in-1 (savings, demat and trading) account
-
Convenience: It enables you to perform online trading through a single account. It also allows you to access your savings, demat, trading account and track all your transactions from one place.
-
Wide range of investment options: With this versatile 3-in-1 account, you gain the power to invest in a diverse range of financial assets. In addition to providing storage for stocks, bonds, Government securities, ETFs (Exchange Traded Funds), and commodities* this account offers comprehensive trading capabilities.
-
No transfer fees and no waiting time: You can transfer funds without incurring any transaction fees. Additionally, real-time limits are set on the transferred funds.
-
Access via multiple devices: There are multiple ways through which you can access your account. You can trade through online portal and mobile application offered by our partners. Also, you can avail of trade on-call facility.
-
Research support: Our partners have a rich experience in broking industry and provides comprehensive research reports on short-term and long-term investments. Customers may visit website of the partners to avail the research reports. You can select your stocks based on your risk appetite, goals and investment horizon.
With this, you will be able to participate in trading equity, derivatives, commodities* and sovereign gold bonds.
*Currently offered by Motilal Oswal Financial Services Limited (MOFSL) only
View the complete list of rates and charges for the product offering in partnership with our partners. These are subject to revision with prior intimation.
Centrum Finverse Limited
Motilal Oswal Financial Services Limited (MOFSL)
Commission Structure: The Bank and third party demat and trading account providers have equal share in fees and charges collected from customers.
-
Resident Individual where customer should be 1st holder in Bank A/c with relationship SOW: 'Sole owner', / JOF: 'Joint or First'
-
Resident non-individual
-
All customers must be:
-
Existing Bandhan Bank Account holder
-
KYC compliant
-
Currently this facility is not available for NRE / NRO & Minor Account Holders
-
Disclaimer: The 3-in-1 Account is a joint offering from Bandhan Bank Limited (“Bandhan Bank”) and third party SEBI registered demat and trading account providers (“Third Party Providers”). Under this arrangement, Bandhan Bank offers only the savings account, whereas the Third Party Providers offer the demat and trading account.
The demat and the trading account, shall be governed as per the terms and conditions laid down by Third Party Providers. Bandhan Bank is acting merely as agent of such Third-Party Providers and strictly on a non-risk participation basis and facilitates onboarding of customers for the demat and trading account provided by the Third Party Providers. The Bandhan Bank 3-in-1 Savings-Trading-Demat Account with Third Party Providers is being offered to the customer on purely voluntary basis and it does not have linkage to availment of any other facility from Bandhan Bank. Bandhan Bank does not control, manage, or influence the products and services offered by Third Party Providers . Bandhan Bank or its affiliates do not warrant or make any representation about the quality, performance, suitability or availability of demat and trading account facilities offered by Third Party Providers, and will not be responsible or liable for the services provided by Third Party Providers, in any manner whatsoever. The terms and conditions of usage of the demat and trading account shall be governed by the terms and conditions hosted on Third Party Providers’ website. Customers are advised to carefully read and understand such terms before enrolling. Nothing contained herein shall constitute or be construed as investment advice, solicitation, recommendation or endorsement by Bandhan Bank. Investments in the securities market are subject to market risks, and customers should read all relevant documents carefully before investing.
Simplify Finances with the 3-in-1 (Savings, Demat and Trading) Account
We will get in touch with you shortly
