IDFC FIRST Bank as 3-in-1 account on DHAN

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.

Would appreciate if you have a look. Thanks!

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/

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+1 for tie-up with IDFC First bank.

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My friend, who used to have an account with ICICIDirect, often talked about a couple of things that bothered him:

  1. He received a lot of unwanted calls from the ICICI Direct call center.

  2. 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.