Geojit BNP Paribas powers SVC Bank to launch SVC e-Trade


Kochi: SVC Bank has launched a 3-in-1 online investment account – SVC e-Trade. The product promises seamless, hassle free access to investors, integrating the capabilities of three account types – Savings + Demat + Online Trading into one comprehensive account.

Kochi based Geojit BNP Paribas is the Online Trading Partner and CDSL is the Depository partner for SVC Bank, which announced the launch at a function held in Mumbai.

Udaykumar Gurkar, Vice Chairman, SVC Bank said, “We bring forth yet another innovation in our endeavour to keep providing services which provide real value to the customer of today. SVC e-Trade is the window of opportunity for the customer who wants to benefit by participating in the capital market, offering a seamless, hassle free integration across three account types.”

Suhas Sahakari, MD, SVC Bank said, “The launch of ‘SVC e-Trade’ reflects SVC Bank’s commitment to offer state-of-the-art products and services to its customers in keeping with the Bank’s motto of being the ‘Smart Bank for smart people’. SVC Bank’s retail clients will now be able to experience seamless, hassle-free online trading in equities and derivatives. They can also subscribe for IPOs and apply for Mutual Funds.”

Satish Menon, ED, Geojit BNP Paribas said, “We are proud to associate with the esteemed SVC Bank. The launch of the online trading facility by SVC Bank will greatly enhance the investing experience of retail clients of the Bank to avail a range of online products and services through an integrated account.”

The product introduces the customer to a world of easy trading that’s secure, offers real time online access to Bank, Demat and Trading accounts through web and mobile applications as well as through ‘call and trade’. The multi channel access and ‘after market order’ facilities enable clients to invest from anywhere in the world at any time. The feature rich trading platform also provides live news, Fundamental research reports, Technical analysis and charts. The customers will have the convenience of the Bank settling trades online on the basis of net obligation and are thus spared the hassles of having to transfer funds and to issue Delivery Instruction Slips (DIS) each time.

Kerala IT News