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.)
Bank also offers trading facility in association with Way2Wealth Brokers Pvt. Ltd. (i.e. registered stock broking company with head office located in Bengaluru, Karnataka)
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.
Demat Facility Online Trading Services 2-IN-1 Account Facility Link to "SCORES" Investor Charter
Disclaimer
- 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. This arrangement is a revenue sharing and non risk participation basis.
- 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.
- Investments are subject to market risks. Please read the Terms & Conditions of the service provider fully as you would be bounded by the agreement and contract with IIFL securities.
I am interested in opening Demat & Trading account with IIFl.
- On agreeing & clicking the ‘Accept’ button, you will be directed to the Landing page of IIFL Demat Do It Yourself. Please not that when you click the link below, you will be leaving the KARNATAKA 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.
- For further details you can also contact any of our Karnataka Bank branch. You can reach us through
for any clarification or grievances.
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 30.06.2022. Please contact your Branch or Demat Section of the Bank (0824-2228319/320 or
) for further details and submit the required details/documents before 30.06.2022.KBL Smart Trade a/c facility is available for existing customer of Karnataka Bank. IIFL TEAM WILL CONTACT YOU
To open an account with assistance of IIFL representative
For Resident Individuals only
