Sharekhan Bank list will be discussed in this quick review so that the clients of this broker get a clear idea of the bans they can use to transfer funds to their trading accounts.
In case you want to be or already a client of Sharekhan, then you will need to transfer funds from your bank account to the trading account you have opened up with the stockbroker. This is generally a very simple and straightforward process, especially post the advent of online banking.
This fund transfer is generally done through the back-office system, however, there are provisions available through the trading platforms provided by the stockbroker as well.
Sharekhan Fund Transfer Bank List
Here is a detailed Sharekhan Bank list that includes the banks that are associated with the broker for the funds’ transfer process:
Kotak Mahindra Bank
State Bank of India
Bank of India
Oriental Bank of Commerce
Union Bank of India
With time, Sharekhan keeps adding new banks to facilitate comfort and easiness to its clients as far as the process of funds transfers is concerned.
You can make the fund transfer online or you can just submit a signed valid cheque to the stockbroker executive along with the master form. This generally needs to be done to your closest stockbroker branch.
If your name is not printed on the Cheque, then you will need to attach last 3 month’s bank statement that MUST state your name and registered address with the bank.
Feel free to write any of the queries you may have regarding the funds’ transfer process with Sharekhan and we will be glad to assist as much as we can.
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More on Sharekhan
In case you would like to know more about this stockbroker, here are a few reference articles for your reference: