Siddhartha Bank launches “Mero Share Khata”; one of its kind for stock investors

Siddhartha Bank Limited has launched “Mero Share Khata” for IPO and FPO application through ASBA service to make the whole ordeal much more user-friendly and secure. The commercial bank through “Mero Share Khata” plans to provide free Online ASBA application, free DMAT Account, free CDS online application, heavy discount on renewal fee of DMAT account holders, Rs 5 lakhs accident insurance coverage and many other services. Likewise, the account holder of this type of account will have yearly interest rate of 6 percent on its deposit.