Indian Overseas Bank has entered into an agreement with broking partner SMC Global to serve clients interested in opening savings, demat and trading accounts together. As per the tie-up, savings bank and demat account of clients would be opened at the city-headquartered bank while trading account would be with the SMC Global.
As part of expansion of services in addition to the existing full-service brokerage plan, SMC Global has offered a new brokerage plan 'Discount Brokerage' for its existing and new clients through the bank.
Indian Overseas Bank is a pioneer in many fields - Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking.
