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Kolkata, Jun 9 (PTI) Bandhan Bank on Tuesday announced a partnership with Centrum Finverse Ltd to launch an integrated 3-in-1 account that combines banking, demat and trading services on a single platform.
The offering will enable customers to open and operate banking, demat and trading accounts through a paperless process using the lender’s branch network and digital channels, it said in a statement.
The platform will provide access to investment products such as equities, IPOs, derivatives, ETFs and indices, along with trading features including chart-based execution, algorithmic strategies and margin leverage, it said.
Bandhan Bank MD and CEO Partha Pratim Sengupta said the partnership would help make financial services more accessible, and provide customers with seamless investment opportunities through a single platform.
Executive Chairman of Centrum Group Jaspal Bindra said the collaboration reflects the group's commitment to democratising investment opportunities by offering a secure and simplified experience.
The bank said the initiative comes amid growing retail participation and digital adoption in India's investment ecosystem, and is designed to provide customers a unified way to manage their banking and investment needs. PTI BSM RBT