Advantages & Disadvantages

Hi
Can anyone tell me what are the advantages and disadvantages if my Indiabulls Trading A/C is linked with one bank and Indiabulls Demat A/C is linked with another bank.

What has Demat to do with bank?

I don't know but there is option in Indiabulls Bank Details updation form. There are 3 options :

1. Linking my new Bank A/C to Trading A/C only
2. Linking my new Bank A/C to Demat A/C only
3. Linking to Both

Hello,

Most probably, the bank account for demat account is for payment of dividends etc. paid by the companies whose shares you hold. That will be directly credited in your bank account through ECS.

Regards