Online Mutual Fund & Stock Investment Simplified: Punjab & Sind Bank's UNIC
Punjab & Sind Bank has made it easier to invest in mutual funds & stock investment. Thanks to digital banking, account holders can easily track, manage, and invest in stocks and mutual funds through its PSB UNIC app. It is very convenient to access and monitor the investment portfolio from the comfort of their homes
This blog provides a step-by-step guide on how to start your online mutual fund investment journey through the PSB UNIC app. The blog also highlights the app’s features, benefits, and eligibility requirements..
Why Choose Online Mutual Fund Investment?
It is very important to have multiple investments, and mutual funds are one of the best options to grow your financial wealth. Punjab & Sind Bank has made this process simple. Even if you are a beginner, you can manage and start your investments with ease. With features like zero account maintenance charges, low SIP requirements, and real-time portfolio tracking, investing in mutual funds has never been more convenient.
Key Features of the PSB UNIC App
The PSB UNIC app comes packed with several features designed to make online mutual fund investment seamless and efficient:
1.Free Demat and Trading Account
- Opening a Demat and trading account is completely free of charge. Along with this, customers enjoy zero annual maintenance charges, making it an excellent option for those seeking a budget-friendly and stress-free start to their online mutual fund investment journey. This helps new investors focus on building their portfolio without worrying about hidden costs or extra fees.
2.Lightning-Fast Transactions
- With the PSB UNIC app, you can complete transactions quickly and efficiently. Whether you’re investing in stocks or mutual funds, the app ensures a smooth experience.
3.Start SIP with Just ₹100
- You don’t need a large sum to start investing. Begin your Systematic Investment Plan (SIP) with as little as ₹100 per month and grow your wealth gradually.
4.Track Investments Anytime, Anywhere
- Monitor your portfolio and track the performance of your mutual funds and stocks anytime, from anywhere. This ensures you stay updated with your online mutual fund investment progress.
5. No Paperwork
- The app eliminates the need for cumbersome paperwork. With a few clicks, you can complete your KYC and start investing
6.One-stop Platform
- The PSB UNIC app provides a one-stop solution for all your financial needs, including mutual fund investments, stock trading, and more.
Step-by-Step Guide to Start Online Mutual Fund Investment
Here’s a detailed breakdown of how you can start investing in mutual funds through the PSB UNIC app:
Step 1: Install the PSB UNIC App
Download and install the PSB UNIC app on your smartphone. It is available for both Android and iOS users.
Step 2: Log in to the App
Use your credentials to log in to the app. Ensure you have your PAN number, Aadhaar number, and the mobile number linked to your Aadhaar handy.
Step 3: Navigate to Mutual Funds/Stocks
Under the “Banking & Services” section, click on the “Mutual Fund/Stocks” option.
Step 4: Agree to Terms and Conditions
Read the terms and conditions carefully, check the consent box, and click on “Proceed.
Step 5: Complete KYC
Provide your PAN number and confirm your residential status to verify your KYC compliance. Link your Aadhaar through DigiLocker to complete the process.
Step 6: Enter Personal Details
Fill in your personal, professional, and nominee details as required by the app. This ensures a smooth start to your online mutual fund investment journey.
Step 7: E-Sign the Application
Complete the process by e-signing the application. Once this is done, your account will be activated within two days.
Step 8: Start Investing
After activation, you can start your online mutual fund investment journey by exploring various mutual fund schemes and investing according to your financial goals.
Additional Benefits of Using the PSB UNIC App
Easy Connection with DigiLocker
The app connects easily with DigiLocker for Aadhaar-based KYC. It is a stress-free setup. Simply allow Fisdom to access your documents, and you’re good to go.
Easy OTP Verification
Your account is secured through OTP-based verification. PUNJAB & SIND Bank ensures that your data remains safe and makes the registration quick.
No Extra Charges
With no account opening fees or annual maintenance charges, the PSB UNIC app is an affordable and stress-free choice, especially for new investors looking to explore online mutual fund investment effortlessly. No commission Fees* will be charged for the first month on stock trading investments.
Why PUNJAB & SIND Bank Stands Out
- PUNJAB & SIND Bank has always prioritized customer convenience. By partnering with Fisdom, the bank brings state-of-the-art service to its customers, offering:
- Transparency: Monitor your investments in real-time with complete clarity on your portfolio.
- Affordability: Begin small with SIPs for your online mutual fund investment and watch your wealth grow steadily without any high charges.
- Security:The app ensures that all your transactions and data are secure.
Conclusion: Start Your Investment Journey Today
Punjab & Sind Bank has built a legacy of trust and reliability, making it a preferred choice for countless customers. With the PSB UNIC app, the bank continues to uphold its commitment to delivering innovative and customer-centric solutions. By combining cutting-edge technology with decades of experience, PUNJAB & SIND Bank ensures that your journey into online mutual fund investment is smooth, secure, and rewarding.
The PSB UNIC app by Punjab & Sind Bank makes online mutual fund investment accessible, affordable, and efficient. Whether you’re looking to start a SIP with a small amount or diversify your investment portfolio, this app has you covered.
With user-friendly features, seamless integration with DigiLocker, and zero charges, the PSB UNIC app ensures that your financial goals are within reach. Download the app today and take the first step toward securing your financial future.
Let Punjab & Sind Bank be your trusted partner in achieving your investment goals!
FAQs About Online Mutual Fund Investment
Q: Who can access the PSB UNIC app for investments?
A:All account holders of Punjab & Sind Bank who have downloaded the PSB UNIC app are eligible.
Q: What is the minimum SIP amount?
A:You can start a SIP with just ₹100 per month, making it accessible for everyone.
Q: Are there any account maintenance charges?
A: No, the PSB UNIC app does not charge any account maintenance fees.
Q: How long does it take to activate my account?
A: Your account will be activated within two working days after completing the registration process.
Q: Is it safe to invest through the app?
A:Yes, the app uses secure encryption and complies with all regulatory requirements to ensure your data and investments are safe.
