SBI introduces a 3-in-1 account facility: Check top features, steps to open new account

SBI has introduced a 3-in-1 account that offers the benefits of a normal bank account, a Demat account, and an online trading account. 

New Delhi: State Bank of India has introduced a 3-in-1 account that offers the benefits of a normal bank account, a Demat account, and an online trading account. The new banking facility for customers will provide them with a simple and paperless trading experience.

Using the account, customers can kickstart their stock market journey, as they will get the benefits of a Demat and trading account with a new banking facility. For the unversed, one needs to have a Demat and trading account to start investing in stock markets.  

Customers opening the 3-in-1 account are likely to be able to invest in initial public offers (IPO) to benefit from listing gains. SBI said that customers can visit the 3 in 1 account opening with the e-margin facility to know more about the new service. Also Read: IRCTC Update: Long-distance trains will soon have reserved berths for women