Mangalore: Stock broking company Sharekhan is planning to enter into agreements with leading banks in the country to provide online trading facility to bank customers.

At present Sharekhan has an agreement with Union Bank of India to this effect.

Now Sharekhan is planning to enter into such tie-ups with major banks in the country. One such tie-up is likely to materialise with a private sector bank in two weeks' time, officials said.

Such tie-ups will not entail any additional investments to the banks. Banks can save on investments on setting up online trading infrastructure, he said.

Sharekhan's recent agreement with Union Bank of India has helped the bank's customers to establish connectivity with the company's services. The service is targeted at the bank's customers who invest and trade in shares.

Sharekhan has around 1.5 lakh customers and is planning to add another two lakh customers during the year on a pan-India basis.