Union Bank of India Online Trading: Union Bank of India had launched its
Union On-line Trading Services at a function held at
BSE. K Cherian Varghese, chairman and managing director and
K Ratnakar Hegde, executive director had addressed.
The
Union Bank of India Online Trading is targeted at the bank's customers who have
demat accounts with the bank and who invest as well as trade in shares. The fund settlement will be done through the customers' savings or current account.
The retail arm of
SSKI, Sharekhan has tied up with the bank to provide customers with
on-line trading accounts. This product launch along with its technology strength of network of 736 branches has given an additional value added capital market product to its customers.
Union Bank of India now offers customers the power to access their
Demat accounts online through its
internet banking. The service is named
Union e-Demat. Union Bank is a
Depository participant of the Central Depository Services Ltd. A number of its branches are authorized to open
Demat accounts on behalf of
CDSL.
Union e-Demat offers customers
online access to their Demat account through a single log-in to its
internet banking service. Customers are able to do the following:
1. See their Account Details
2. See their Demat Holdings
3. Get the statement of Account for a period ( see present value of your shares too while doing so)
4. See Billing Details
5. Request for slip book
6. Report loss of slip
All that customers need to have to avail this service is the access to the
internet banking service of the Bank,
Union e-Banking, which is given free of cost to customers of the
Bank’s CBS branches. Visit the branch and request
internet banking facility. The entire information will be made available on the customer's
Demat account on 24x7 basis.
For further details on
Union Bank of India Online Trading, please E-mail:
ebanking@unionbankofindia.com.
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