any nationalised bank offering demat and online trading account?

#1
Are there any Nationalised banks in India that offer demat and online trading account other than SBI?

I have a demat/trading account with state bank of india (sbicapsecurities), but the service is very poor and the charges are quite expensive.
 
#4
In comparison which is better SBI'S (SBICAPSEC) or CANRABANK'S (CANMONEY)?
And in what way.

One thing is that Brokerage

sbi - .50 (delivery)
canmoney - .30 (delivery)


I already have a SBI demat account with SBICAPSEC, the service is worst.
 

murthymsr

Well-Known Member
#5
Exactly. After SBI, only Canara Bank is aggressive on its demat cum trading account. Its 3 in 1 account is a good public sector alternative to ICICI Direct.
I am using the CANMONEY 3in1 account. It used to be very good till they updated the software consequent to NSE starting pre-open session.

Now I am looking out for other alternatives, at least as a back-up / parallel operation.

murthymsr
 
#6
In comparison which is better SBI'S (SBICAPSEC) or CANRABANK'S (CANMONEY)?
And in what way.

One thing is that Brokerage

sbi - .50 (delivery)
canmoney - .30 (delivery)


I already have a SBI demat account with SBICAPSEC, the service is worst.

You have additional options, like Bank of baroda (Trading account in tie-up with IIFL) and Union bank of India (Trading account in tie-up pvt brokers like Sharekhan & geogit (earlier, pls check their site for correct info))
 
#7
I haven't used SBICAP Securities, they are worst. I wanted to open an account with them, but after following up for 20-25 days also I couldn't. I lost almost Rs 100 to just to get in touch. Always they used to tell me forms are not available and soon they will come. Don't go for SBI. My all over experience with SBI is worst.
 
#8
Actually, these PSU banks are least interest in 3 in 1 customers. I have communicated with Bank of Baroda. In Nagpur, there is no branch to cater this product, the staff in the present branches is unaware about the product and they are not responding also. They simply say "I don't know you go to somebody else." and this Somebody else is not available anywhere in the branch or other branches. But the customer care sitting in Mumbai is very cooperative. But when it comes to physically submit the application no body in Nagpur is ready to accept the things.
 

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