Bajaj Broking & Tamilnad Mercantile Bank to offer unified banking services

By Gloria Mathias

Bajaj Broking, the broking subsidiary of Bajaj Finance Ltd., has announced a partnership with Tamilnad Mercantile Bank (TMB) to offer a comprehensive 3-in-1 account solution that seamlessly integrates banking, broking, and investment services.

The partnership will enable customers of Tamilnad Mercantile Bank to trade online with Bajaj Broking and access its extensive suite of products and services. The cross-functional platform facilitates fund transfers, minimises paperwork, and provides unique tech-driven investing in various products.

Manish Jain, Managing Director of Bajaj Broking, said, “We are excited to extend our comprehensive investment solutions to Tamilnad Mercantile Bank customers. Our advanced trading platform aims to deliver transparency and ease in trading across exchanges. We seek to bring the benefits of our technology-driven services and research insights to a wider investor base. This partnership will empower investors with informed decision-making tools and expand our pan-India presence.”

Salee S. Nair, Managing Director & CEO of Tamilnad Mercantile Bank, said, “We are delighted to partner with one of India’s leading broking houses backed by one of the most reputed business groups in the country. This collaboration with Bajaj Broking enables us to offer our customers a comprehensive suite of investment products through a seamless digital platform. As a bank with a 100-year legacy of trust, we reckon the partnership will add significant value to our customers’ financial journey and provide access to professional trading and investment services. This integration of banking, broking, and investment services is backed by our commitment to evolving with our customer’s needs while maintaining our core values of service excellence.”

Focused on delivering client-focused solutions, Bajaj Broking and Tamilnad Mercantile Bank seek to leverage their strengths to drive new business opportunities and exceptional value creation.