To divert the interests of the investors on opting private trading and demat accounts, India’s leading bank SBI has stepped-in to launch 3-in-1 savings a/c which offers-
- Trading
- Investing(in Demat Form)
- Savings
Through this 3-in-1 a/c, investors can easily access their savings and investments through a single platform. To know more on this 3-in-1 a/c read the full story-
Documents Required To Open This 3-in-1 a/c–
- Pan Card
- Photos
- Aadhar Card
- Anyone of the- Passport, Voter id, Driving Licence, Recognised Job Card(if any)
- Cancelled cheque/ Latest Bank Statement
SBI 3-in-1 a/c Features–
- This is an unique a/c which additionally offers trading and investing facilities through savings a/c
- Investors can trade with 25% Margin(also known as “E-Margin Facility”)
- Investors can either opt for Stocks or Cash as Margin
- Investors can carry-forward their positions to 30 days
- Investors can square-off their positions before expiry
- Investors can opt for “Delivery” of their trading stocks