Chennai : Indian Overseas Bank has entered into an agreement with broking partner M/s SMC Global for opening of 3 in 1 account (SB + Demat Account + Trading Account), where SB and Demat Account will be with IOB, and Trading Account will be with SMC Global. Now, as part of expansion of services in addition to the existing full-service Brokerage Plan, SMC Global has offered a new brokerage plan named as DISCOUNT BROKERAGE for its existing / new clients through our Bank.
Discount Brokerage Plan facilitates the client to do trading at attractive brokerage with a flat rate of Rs.15/- per order for intraday trades and Rs.0 on Delivery based trade. Customer can get host of benefits through the above plan.
Benefits will be Big Savings in Brokerage, Free Delivery Trades, Advanced Charting Facility, Thematic Baskets, Advance Portfolio Tracker and Algo Trading Facility.