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Press Release

Launch of Depository Services from United Bank of India “UNITED DEMAT”

CMD, UBI, Shri P.K.Gupta has launched today 22nd Aug, 2007, the Depository services “UNITED DEMAT” in the presence of bank’s Executive Director, Ms. Sunanda Lahiri.

As a pilot phase, “UNITED DEMAT” shall be offered from the following locations/branches:

  1. OCH Street Branch, Kolkaka
     
  2. Royal Exchange Branch, Kolkata.
     
  3. Connaught Circus Branch, New Delhi.
     
  4. Mount Road branch, Chennai.
     
  5. A.T.Road branch, Guhawati
     
  6. Hazratganj branch, Lucknow
     
  7. Mumbai main, Mumbai

The no. of branches to offer “UNITED DEMAT “ shall increase to the no. of 25 by 31st March,2007.

Shri P.K.Gupta has also announced the launch of ”ONLINE SHARE TRADING” services from the bank latest by 31st Oct 2007.

With these 2 products adding into bank’s fold, UBI shall be in a position to offer the complete solution to its customers dealing into equity market. Bank is also into the distribution of various Mutual Fund schemes of leading AMCs as UTI, HDFC , Franklin & ICICI Prudential.


        
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