Corporation Bank has signed an MoU with Geojit BNP Paribas to offer bank’s customers with the facility to seamlessly open 3-in-1 integrated accounts. This comprises a bank account, a demat account and a trading account with Geojit BNP Paribas.

The agreement was inked in keeping with the company’s policy of building reach through partnerships with reputed banks. The MoU was signed by B.N. Shenoy, General Manager, Corporation Bank, and Satish Menon, Executive Director of Geojit BNP Paribas here.

With this agreement, Corporation Bank’s retail clients will now have access to an uninterrupted, hassle-free online trading platform for equities, derivatives, IPOs and mutual funds.

According to Shenoy, the signing of the MoU is an important step to have a seamless integration of wealth management products on offer to its over 1.8 crore customers. He said the coming together of a 108-year-old bank and a reputed stock broking firm such as Geojit BNP Paribas would enable its customers to enjoy money market as well as capital market experience with delight.

Satish Menon said, “We are very happy to be associated with the Corporation Bank as this will help us reach out to a wider client base and offer them a superior trading experience.”

Through Geojit BNP Paribas’ online trading platform, Corporation Bank’s clients will be able to set aside funds in their bank account to purchase shares, view their bank balances and monitor their demat holdings with ease. They will also be provided with an exclusive toll-free number to contact the call centre team.

Related Topics