Karnataka Bank, a renowned private sector bank, has partnered with FISDOM to offer 3-in-1 accounts (savings, demat, and trading) through its mobile banking app, KBL Mobile Plus. This strategic partnership will strengthen the present value proposition by allowing users to invest in equities and mutual funds. Our new service provides users with easy access to investment opportunities and trading through a single interface.
Customers can simplify their investment experience with the 3-in-1 option, which consolidates their Demat and Trading accounts. This integration eliminates the need for several platforms, simplifying account management and improving the user experience.
With this integrated system, investors may monitor their securities and make trades easily and efficiently.
Sekhar Rao, Executive Director, Karnataka Bank expressed that “Through this partnership the Banks aims to redefine the landscape of financial services by offering a holistic solution that combines convenience, efficiency, and reliability. By leveraging FISDOM’s expertise in financial technology, we are confident in our ability to deliver unparalleled value to our customers and drive meaningful impact in the market”
Shri Subramanya S V, CEO & Co-founder, FISDOM, said, “We are pleased to expand our association with Karnataka Bank Ltd in order to offer our complete range of investment offerings. We believe this strategic partnership will redefine investment options for the customers of Karnataka Bank Ltd as we promise them a unique and convenient investment experience into direct equity, mutual funds and other wealth products. At Fisdom, our constant endeavor is to provide all the multiple investment options to our customers backed up with thorough research and right guidance”
