Barclays Global Retail and Commercial Bank, India has unveiled ‘Simply Convenient’ a simplified investment process (SIP), that offers Premier customers greater ease in documentation procedures leading to faster execution of transactions.
The SIP is designed to cater to the needs of customers who are extremely busy or always on the move. The product offering also caters to the needs of customers who travel frequently through a remote execution instruction that ensure they do not miss out on investment opportunities when they are away from home. Barclays Premier customers can use the SIP to invest in schemes offered from over 18 leading Asset Management Companies (AMCs) across the country.
Speaking on this occasion, Ram Gopal, Interim Managing Director, India, Barclays Global Retail and Commercial Bank said, “It gives me immense pleasure to announce the launch of Barclays Premier Simplified Investment Process for our Barclays Premier customers. We, at Barclays, continuously strive to add value to our customers. Our understanding of their requirements in an increasingly busy world has led us to create a solution that caters to the needs of today’s discerning customer who is often on the move and is looking for a swift, safe and convenient investment option.”
Barclays Premier customers will only need to execute one document to purchase and redeem units from mutual fund schemes each time, thereby helping customers to avoid needless paperwork. The initial customer response to the new SIP offering has been overwhelming, prompting Barclays to consider extending this scheme to cover other AMCs operating in India as well.
Barclays Premier endeavours to present customers with efficient investment solutions including distribution of investment products, wealth management solutions, mutual funds products, and insurance services. The banking experience at Barclays Premier has been made unique and stylish, with customers having access to exquisite Premier Lounges around the world. Barclays Premier lounges are present in India in New Delhi and Mumbai.
About Barclays Global Retail and Commercial Bank (GRCB), India:
Barclays GRCB India, part of the global Barclays Group, launched its commercial banking services in the country in November 2006 and followed it up with the launch of its retail services in May 2007. Within a short period of time, Barclays GRCB India launched innovative products such as the smart budget card, Hello Money, Platinum debit card, 7 year personal loan and the Barclays Premier League card.
Employing more than 1800 people, Barclays GRCB India serves more than 835,000 customers and clients across the country. Barclays GRCB India is headquartered in Mumbai and has established its presence in four other cities– New Delhi, Neelamangala (near Bengaluru), Kanchipuram (near Chennai) and Junagarh (Gujarat) and currently offers 11 ATMs nationally.
To find out more about Barclays GRCB India and its products and services, please visit our website: www.barclays.in
About Barclays Global Retail and Commercial Banking:
Barclays Global Retail and Commercial Banking (GRCB) encompasses all of Barclays retail and commercial banking businesses around the world. Operating in more than 50 countries and employing more than 121,000 people, Barclays GRCB comprises UK Retail Banking, Barclays Commercial Bank, Barclaycard, GRCB Western Europe, GRCB Emerging Markets and GRCB Absa (Barclays Bank PLC owns 58.8% of Absa Group Limited). Barclays GRCB serves 50 million customers and clients around the globe through a network of more than 4,900 distribution points and more than 14,000 ATMs.
To find out more about the individual Barclays GRCB businesses, please visit our website: www.barclays.com
About Barclays
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the USA, Africa and Asia.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 155,000 people.
Barclays moves, lends, invests and protects money for over 50 million customers and clients worldwide.
For further information about Barclays, please visit our website www.barclays.com
