Online Trading through Corporation Bank
Corporation Bank in association with HSBC InvestDirect Securities (India) Ltd, and Religare Securities Ltd brings to you online Equity trading facility through its unique 3-in-1 integrated account.
You will be required to open a Savings Bank Account with Internet banking facility and a Demat Account with Corporation Bank. In addition, a Trading Account with any of the abovementioned broking companies has also to be opened
How it works ?
When you want to buy shares, funds can be transferred from your savings account. The shares will be credited to your demat account with the Bank on the settlement day (T +2). Similarly when shares are to be sold, the demat account will be debited on the date of the sale and your savings account with the Bank will be credited with the proceeds on the settlement day (T+2).
Key product features of 3-in-1 A/c
|v|| Seamless and hassle free trading.|
|v|| Free Personalised Advisory Services through dedicated research teams of the broking companies.|
|v|| Convenience of placing trades through Internet|
|v|| Call and Trade facility is also available for placing offline Trades|
|v|| Option of different trading platforms for beginners ,occasional transactions and Active investors|
When the trading account is opened, you will receive Internet Banking user-id and password from the bank for transfer of funds. The broking company will also courier the user id and password to you separately. You can log on to www.corpbank.in and can get directed to the Internet site of the respective broking company.
Who can avail these services?
Any customer of Corporation Bank having a Saving Bank A/c and a Demat A/c with a DP designated branch can avail online broking services.
Basic Documentary Requirement
PAN Card copy, Proof of address copy, bank statement, Cancelled cheque leaf for MICR proof, passport size photo of the holders. All photo copies should be verified with originals by the designated branch official.
For registered users
Click here if you are maintaining your trading account with Religare Securities (www.religareonline.com )
Click here if you are maintaining your trading account with HSBC InvestDirect Securities (India) Ltd. (www.hsbcinvestdirect.co.in )