Hassle-Free Stock Trading with Trinity Account
In order to operate a trading account the investor has to maintain a margin amount in form of cash deposits or the value of the shares bought. This essentially means that the investor will need a savings account to fulfill margin requirements along with a Demat Account and a Stock Trading Account.
In order to make the entire procedure seamless, Kotak Securities came up with the Kotak Trinity Account that brought the Savings account, Demat Account and the Stock Trading Account under a single umbrella, called the Trinity Account.
Advantages of opening a Trinity Account
Opening a Trinity Account at Kotak Securities has the following advantages-
• There is no need for maintaining three different accounts, as all formalities can be completed at a single window, saving time and money.
• Integrating the Stock Trading Account, Savings Account and the Demat Account makes the entire process seamless and hassle-free
• A single account reduces the paper work and documentation needs as the application can be filed at a single window
• The margin amount is automatically reflected in the bank and the trading account. There is no need to transfer margin money from the savings account to the Stock Trading Account.
• The integrated account saves time, as the transactions are executed in a seamless environment.
In the modern world time is a valuable commodity, with business opportunities won or lost in the matter of seconds. This becomes all the more important in the stock trading business, where a second lost may mean, letting go a good investment. The Trinity Account provides a seamless business environment, where the investor can effortlessly buy or sell stocks, without losing on the most precious commodity called time.
Published by Sashi Lad
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