Karnataka Bank offers Depository Services (i.e. Demat Account facility) to its customers to hold securities in dematerialized form. Bank has registered as Depository Participant (DP) with Central Depository Services (India) Ltd. (‘CDSL’ is one the Depositories in India.)
Kind attention - Demat account holders of the Bank
As per CDSL guidelines, Demat accounts without valid Mobile number, Email Id & Income range will be converted to inactive status after 31/07/2021. Please contact your Branch or Demat Section of the Bank (0824-2228319/320 or dp
ktkbank [dot] com) for further details and submit the required details/documents before 31/07/2021.
Bank also provides Trading facility through ‘3-IN-1 account’ tie up with Way2Wealth Brokers Pvt. Ltd and Demat & Trading facility through ‘2-IN-1 account’ tie-up with IIFL Securities.
3-IN-1 Account facility:
‘3-IN-1 account’ is a facility in which your Savings & Demat account will be with the Bank & Trading account will be with Way2Wealth Brokers Pvt Ltd.
2-IN-1 Account facility:
‘2-IN-1 account’ is a facility in which your Savings Bank account will be with the Bank and Demat & Trading account will be with IIFL Securities.
Bank is providing both these ‘3-IN-1 & 2-IN-1 account’ facilities on Referral & Non-risk Participation basis.
KBL Smart Trade a/c facility is available for existing customer of Karnataka Bank.
IIFL TEAM WILL CONTACT YOU
- On ckicking the below link, you will be directed to the webpage of SEBI. Please note that when you click on the link below, you will be leaving the KARNTAKA BANK LTD website and our policies, terms and conditions, disclaimers will cease once you leave our website. By clicking on 'Accept', please note that - You confirm having read and accepted the above and have decided to proceed further. You would now be leaving the KARNATAKA BANK LTD website.
Accept
- Karnataka Bank Ltd is having an arrangement with India Infoline Securities Limited (IIFL) for providing the Demat & Trading account facility purely as a referral service on a non-risk participation basis for its customers. Neither Karnataka Bank Ltd nor any of its officials nor Directors, Officers & employees will be liable to or have any responsibility of any kind or loss or for any consequences for any deficiencies in the services of IIFL, failure or disruption from the act of omission or otherwise. Karnataka Bank is neither guaranteeing nor making any representation with respect to the offers/services provided by IIFL. The customer participation to avail such offers/services is purely voluntary. This publication does not amount to solicitation by Karnataka Bank and the customers are advised to conduct review through independent advisors and consultants before usage. Karnataka bank is merely facilitating this service & sharing of information for account opening with IIFL is entirely at my risk & responsibility.
- I am interested in opening Demat & Trading account with IIFL. I may be contacted by IIFL for further process in this regard.
- On agreeing & clicking the ‘Agree’ button, you will be directed to the webpage of IIFL. Please note that when you click on the link below, you will be leaving the KARNTAKA BANK LTD website and our policies, terms and conditions, disclaimers will cease once you leave our website. By clicking on 'Agree', please note that - You confirm having read and accepted the above and have decided to proceed further. You would now be leaving the KARNATAKA BANK LTD website.
Accept
