New Delhi . State Bank of India (SBI) is also now providing 3-in-1 account facility to its customers. In SBI 3-in-1 account, a savings bank account, a demat account and an online trading account are linked simultaneously. SBI claims to offer simple and paperless trading to its customers with this facility.
If you want to start investing in the stock market, you must have a demat and trading account. SBI has said to open a 3 in 1 account with e-margin facility and enjoy the benefits of savings account, demat account and trading account under one roof.
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SBI savings bank account: Which documents are required
- PAN or Form 60
- Photograph
Any one of these
- Passport
- Proof of possession of Aadhar ( Aadhar Card)
- Driving License
- Voter ID Card
- Job Card issued by MNREGA ( MNREGA Job Card)
SBI Demat & Trading account: Documents
- Passport size photograph (one) ( photo)
- Pan card copy
- Aadhar card copy
- One canceled check leaf / Latest Bank statement. (cancel check)
- According to SBI, a demat account enables the conversion of physical share certificates into electronic balances. In addition, it facilitates delivery / receipt of electronic balances resulting from market / off-market trades.
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