iob.in E-Trading : Indian Overseas Bank

Organisation : Indian Overseas Bank
Facility : IOB E-Trading
Applicable For : IOB Customers
Website : https://www.iob.in/IOB_E_TRADING.aspx
Terms & Conditions : https://www.statusin.in/uploads/24740-e-Trading.pdf

E-Trading

Indian Overseas Bank (IOB) joins hands with Emkay Global Financials Ltd. (Emkay) for ‘IOB e-Trading’ tie-up Emkay. Emkay is a Public Limited Company promoted by Chartered Accountants.

Related : IOB Visa Bill Payment : www.statusin.in/2313.html

Their equity shares are listed in both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Emkay was promoted in the year 1995 Emkay Global is SEBI registered member of both the stock exchanges NSE, BSE. Emkay is one of the most reputed and leading brokerage houses in India.

Emkay has several awards to their credit and the latest being the Best Analyst of the year 2014 in Power Sector and 2nd Most Improved Brokerage House in 2014.

The tie-up IOB in association with Emkay brings forward a fast, easy, transparent and hasslefree way for investing/trading in shares in secondary market through NSE and BSE.

Investment in shares traded on the NSE and BSE can be made without having to visit your share-broker. All other associated hurdles like tracking of settlement cycles, paying and receiving funds in savings account, paying and receiving shares in Demat accounts have been removed.

Now from a remote location while on tour, picnic, holiday – through internet and laptop / personal computer – you can trade in the stock market. You can also invest/trade over phone, if you don’t have access to internet. You also have access to research reports and recommendations from Emkay.

Features of the tie-up :
IOB e-Trading is 3-in-1 integrated account. IOB helps you to integrate your banking, demat and trading accounts. You can trade in shares backed by funds and securities available in your bank/demat account. Trading has been made very easy even for beginners.

** open your bank account with any of our branch with internet banking facility
** open Demat account through any of our CBS branches
** open e-Trading account with Emkay

** Sign the account opening forms containing Power of Attorney and other relevant documents for enabling online trading
** All these agreements are as per the guidance of SEBI

Know more about our tie-up :
** Simple and Reliable Online Trading Platform.
** Trading Account opening charges Rs.200/- only.
** No annual maintenance charges (AMC) for Trading Account
** Competitive brokerage structure

** 2-factor authentication as per the SEBI guidelines enabling the secured trading transactions
** The system offers Browser and EXE version as per client’s choice

** After market order (AMO)
** Clients also get to use the call-n-trade option along with the Internet trading option for placing orders

** The back office reports have more than 30 reports – contract notes/bills/ledger/STT etc available to clients through internet on 24x7x365 basis.

Who can open?
** Individuals – Resident/NRI/Foreign National
** Non-Individuals – Partnership/HUF/Private Limited Co./Public Limited Co./Body Corporate/Trust/Society /LLP/ Others

Which Bank accounts can be attached
** Savings Bank and Current Account

How to open Trading/Demat Account :
** Can go to IOB website and provide the contact details
** Can also go to any branch and provide the details to the branch official

** Emkay’s representative will contact you and assist you in opening both Trading and Demat Account
** Handover the form to your IOB Branch
** Await account opened status from IOB first and then from Emkay

Safety / Security :
IOB e-Trading platform is a transparent, fast, and secure site. It uses the sophisticated 128-bit encryption enabled secure socket layer (SSL), which is as per the prevailing industry standard.