Axis Securities partners with Jana Small Finance Bank to offer investment services

By Leandra Monteiro

Jana Small Finance Bank, announced its tie-up with Axis Securities, a wholly-owned subsidiary of Axis Bank, to offer its customers a blend of banking and investing through 3-in-1 account.  The 3-in-1 account integrates a seamless Savings Bank Account maintained by Jana Small Finance Bank & Demat and Trading Accounts maintained by Axis Securities.

The 3-in-1 account will make it easier for customers to transfer funds quickly, reduce paperwork and most importantly provide a single platform to invest in various instruments including Mutual Funds, SIP, equities and other investment avenues offered by Axis Securities. The customers can opt for various services of Axis Securities like Mutual fund investing, Stock broking, Investment advisory and Portfolio management services, along with the opening of Trading / Demat account.

Speaking on the new association, Ajay Kanwal, MD and CEO, Jana Small Finance Bank said, “We are delighted to give our customers access to a scalable 3 in 1 platform. This tie-up with Axis Securities will continue our endeavor in building meaningful relationships with our customers by providing them with access to smart financial planning tools that will help them in wealth creation journey. We believe the key attraction for Jana customers will be mutual funds SIP where they can invest a pre-decided amount every month in MF scheme of their choice.”

Commenting on the partnership, Mr. B Gopkumar, MD & CEO, Axis Securities said, “We are happy to collaborate with Jana Small Finance Bank and to extend our investment solutions to their customers. We are confident that Jana Small Finance Bank customers will benefit from seamless and convenient access to our technology-driven, dynamic range of products and valuable research insights. This tie-up is another step in our journey to empower investors to take charge of their finances by making informed investment decisions.”