Stock broking company HDFC Securities has partnered with Equitas Small Finance Bank to offer demat account and broking investment services to its clients, an official release said.
With the new partnership, Equitas Small Finance Bank will offer its customers a “3-in-1” account to access the services of HDFC Securities.
Also, all clients of Equitas Small Finance will be able to open their demat and trading accounts to buy and sell shares and trade in futures, options and even currencies.
Dhiraj Reilly, MD & CEO, HDFC Securities said, “Our primary objective of forming this alliance is to empower the clients of Equitas Small Finance Bank with a robust investment platform.”
Murali Vaidyanathan, Senior President and Country Head, Equitas Small Finance Bank said, “Equitas Small Finance Bank is known for offering superior savings solutions and has been providing attractive interest rates and with the help of HDFC Securities, we are now able to provide better solutions. will be able to.” The bank said.
HDFC Securities provides investment and direct trading services along with buying and selling of equities
Currency derivatives, mutual funds, NCDs, fixed deposits, bonds, and more, according to the release.
Equitas Small Finance Bank provides products and services to individuals, small and medium enterprises (SMEs) and corporates.