LKP Securities collaborates with HDFC Bank Ltd

858
16 Feb 2022
7 min read

News Synopsis

LKP Securities has partnered with HDFC Bank to offer a special 3 in 1 online account. This offer will merge the banking facilities of LKP users with their broking and Demat account facilities. Pratik Doshi, Managing Director at LKP Securities in his statement said: "At LKP Securities Ltd., our endeavors have always been to make investing simpler, seamless, and hassle-free for our clients. Our 3-in-1 online account with multiple utility features and benefits brings in a superior investing experience. It presents an impeccable mix of banking and investing, enabling our clients to leverage all market opportunities. We would like to thank HDFC Bank Ltd for agreeing to be a part of the initiative, doubling the trust for us and the investors”. The offer will sync the trading accounts of users with their bank accounts. This will ensure an easy transfer of funds process. Other than this there are no annual maintenance charges for one year and a waiver of Rs. 500 brokerage charges for one month. Anand Mankodi, Business Head - Capital Markets and Financial Institutions Group, HDFC Bank Ltd  said "This joint initiative with LKP Securities Ltd aims to deliver an enhanced customer experience by offering ease of opening trading, demat and bank account digitally with a single journey in a seamless manner. Customers will also benefit from HDFC Bank Ltd wide range of banking products. This kicks off an exciting journey which will allow LKP Securities Ltd and HDFC Bank Ltd to explore untapped opportunities in the broking-banking space”.

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