Geojit Financial Services has entered into an agreement with the Punjab National Bank (PNB) to provide the advantage of a three-in-one account to the customers of PNB. (The Three Accounts are, Savings Account, Demat Account and a Trading Account).
Note – Geojit had a similar tie-up with Oriental Bank of Commerce which, along with UBI, has now merged into PNB.
Key points:
- The new service gives all the customers who have a savings account with PNB, a PNB demat account and Geojit trading account.
- Saving and Demat accounts can be opened online in PNB. And the trading account can be opened online in 15 minutes without any paperwork.
Advantages of 3-in-1 account:
i.Investment in the capital markets can be done anytime anywhere
ii.Funds can be transferred in real time via the payment gateway facility from savings accounts to meet investment needs
iii.Insta Demat Facility can be availed through Internet Banking Services for instantaneous opening of Demat account digitally.
iv.Diversification of investments and management through one account
About Geojit Financial Services
Headquarters: Kochi,Kerala
Managing Director(MD) & Chief Executive Officer(CEO): C.J.George
About Punjab National Bank(PNB):
Establishment: May 19,1894(Commenced Banking Operation from 12 April, 1895)
Managing Director(MD) & Chief Executive Officer(CEO): S.S.Mallikarjuna Rao
Headquarters: New Delhi
Tagline: The name you can bank upon