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UCO Bank partners with Fisdom to offer Demat account

March 03, 2022

UCO Bank partners with Fisdom to offer Demat account
State-owned UCO Bank has extended the fintech organization with Fisdom to include Demat account and stockbroking services, pension funds, and tax filing, with a goal to offer clients a three-in-one individual banking experience.

The extension suite will be presented through UCO Bank’s mobile banking application, UCO mBanking Plus, and will gradually be open through its internet banking platform also, Fisdom said in a statement on Wednesday.

UCO Bank clients can learn about, invest in, track the performance of and redeem from a variety of instruments, it said.
 
“This new initiative with Fisdom will assist the bank to provide new-age digital wealth products to clients at the click of a button along these lines helping them in all of their financial needs,” Ajay Vyas, executive
director of UCO Bank, said.
 
Fisdom’s partners incorporate Indian Bank, UCO Bank, Bank of Maharashtra, Karnataka Bank, and City Union Bank.
 
“We look forward to building more features, offering more products, and including incremental services propositions for the clients in association with UCO Bank,” Rakesh Singh, CEO of Fisdom, said.
 
Fisdom is a brand operated under legal entity Finwizard Technology Pvt Ltd. UCO Bank has more than 3,000 branches across the nation.
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