This bank launched a Instant Demat account opening facility for the clients.

  • 1RBL Bank
  • 2IndusInd Bank
  • 3Axis Bank
  • 4Federal Bank
Answer:- 4

Instant Demat account opening facility which will help clients to open Demat account instantly without any heavy paper works, was launched jointly by Managing Director & Chief Executive Officer (MD & CEO) of Federal Bank, Shyam Srinivasan and G.V Nageswara Rao, MD& CEO of National Securities Depository Ltd (NSDL). The Demat account can be opened by the customers in a matter of a minute by logging into FedNet which is the federal bank's internet banking portal. The account can be opened any time as it is available 24*7 hours and no paperwork is needed to open the account.

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