Hello @PravinJ@RahulDeshpande Given the upcoming SEBI regulations for UPI block or a 3-in-1 facility in order to trade and invest, I have a suggestion.
Recently, IDFC FIRST Bank has broken its 3-in-1 ties with ICICI Direct and it can be an opportunity for Dhan to integrate with IDFC FIRST Bank.
Current ICICI bank which has tied up with Dhan for 3 in 1 accounts stopped opening accounts with minimum balance of Rs.1,00,000/- and they are not flexible anymore.
IDFC First/ HDFC/ IndusInd would be good options to explore for Dhan as they already have existing 3 in 1 infrastructure ready/
My friend, who used to have an account with ICICIDirect, often talked about a couple of things that bothered him:
He received a lot of unwanted calls from the ICICI Direct call center.
He felt pressured to meet a minimum investment amount to access the advanced features. ( like the minimum balance of Rs.1,00,000/- requirement mentioned in the post )
Wondering if they would be the right kind of friend to work alongside New Age Discount Stock Brokers.