Basic IPO FAQs

Can we use FD account in the bank for IPO application?

ASBA guidelines state that applicants must have sufficient funds in their Current or Savings accounts to apply for money. You cannot use money in any other types of accounts, such as loan, overdraft, FD, etc.


In IPO application is third party UPI accepted?


Does IPO application with third party ASBA or UPI gets rejected or accepted?