Here we are going to describe how to apply IPO online with ASBA through HDFC Bank NetBanking? Below are some step by step information to apply IPOs like mainline IPOs, SME IPOs or NCDs as well. Its easy for HDFC NetBanking users to apply for IPO through ASBA facility.
How to Apply IPO with ASBA Facility in HDFC Bank?
- Login to HDFC Bank NetBanking – https://www.hdfcbank.com
- Click on IPO Application in Left Navigation
- Select the IPO
- Enter Details in the Form like DP ID, BID, Name, Pan Card and more.
- Confirm Your Order
Its Done. Its easy and Simple procedure but you need to have funds in your HDFC Bank account so that it can be blocked when you apply for the IPO. Once you apply, amount will be blocked from your bank balance and it will be available only after IPO allotment date if you do not get the said IPO allotment. If you get the allotment the shares of the company will be credited to your Demat Account.
After login, you will find IPO application in the Left Side bar, click there and then click continue.
You will find a list of running IPOs, click on the Apply Button of the desired IPO.
After that, on next page fill the relevant details and click on Proceed.
Now complete your application by accepting the disclaimer.
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