Kotak Securities, the India-based stock broking house, has introduced the facility of opening a stock market account online. The company has said that by using this facility, an investor will get instant access to his/her account.
Investors in select cities in the country can avail this facility by paying a nominal account opening fees, through either credit card or net banking and filling a form on the internet.
Speaking at this launch, Prasanth Prabhakaran, SVP and India head for broking said: “Kotak Securities has always brought innovative products for its investors. The introduction of this stock market account opening facility is first of its kind in India and would help investors get an understanding of how markets function even before all documentation formalities are completed.”
