Same upi id for applying same ipo by different people
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Can i use same upi id to apply ipo for different pan no….like i will apply for me and my dad..does upi id has to be in the same name as application name?
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What about hdfc???i dont have sbi account
No. of IPO Applications
SBI Bank
5
Kotak Mahindra Bank
5
Axis Bank
5
ICICI Bank
1
HDFC Bank
1
Indusindbk
5
IDFC first??
If I am applying via Groww then can I use my digiBank by DBS UPI id? Money will get blocked and stay in my bank account and it will be taken away from my bank account and would get transferred to Groww’s bank account till the time allotment results are declared?
Dbs doesnt support IPO application I think. Mine failed multiple times
If I am applying via Groww then can I use my digiBank by DBS UPI id? Money will get blocked and stay in my bank account and it will be taken away from my bank account and would get transferred to Groww’s bank account till the time allotment results are declared?
Groww gives you demat acc but it doesn’t support ipo application via upi. You can check the supported upi app & banks at this link:
https://www.npci.org.in/what-we-do/upi/li...po
DBS Digibank app does support ipo apply via upi.
@guest_999 @suplex_city
While adding other beneficiaries, the default name is the same as the primary savings a/c name. should I go ahead ?, or now Kotak is not supporting third-party beneficiaries?
We can add up to 5 people in kotak
Name should change
Try in website
No, upi id must belong to the person applying. Better use sbi netbanking which allows up to 5 different people to apply for ipo under asba from same sbi account.