Learn more about the Online Equity Trading Service from TMB.
We are glad to inform that our bank has reached another milestone by implementing the Online Equity Trading facility in association with M/s. Religare Securities Ltd., (RSL) through our unique 3-in-1 integrated account.
Any customer of our bank having Savings / Current / Overdraft A/c with the Bank and a Demat A/c with a DP designated branch of our bank can avail online broking services.
PAN Card copy, Proof of address copy, bank statement, Cancelled cheque leaf for MICR proof, passport size photo of the holders.
Our client should have an operative (SB / CA / OD) account with Internet Banking facility (EConnect) and a demat account with our bank. In addition, a trading account should be opened with RSL. With a single PAN Card only one trading account can be opened with RSL. As such, if any of our clients who has already opened trading account with RSL cannot open another Trading account without closing the existing Trading account with RSL. If our clients who have already opened their trading account with RSL under our Offline tie-up want to switch over to Online tie-up should close the existing trading account before opening a new trading account.
Once trading account is opened, RSL will send the the Log in ID, Log in Password and Trading Password to our clients directly by courier / email. They can log on to https://secure.religareonline.com/Login.aspx and can get directed to our bank site. By using their E-Connect password they can transfer the funds to their margin account with RSL on 24X7 basis for buying shares. The shares will be credited to the clients demat account with us on the settlement day (T+2).
RSL offers six different plans, with various brokerage options. Clients may choose the plan as per their choice.