Indian IPO Blog: QnA
    • Showing posts with label QnA. Show all posts
    Showing posts with label QnA. Show all posts

    Sunday, March 19, 2017

    Can you apply to IPO from Overdraft (OD) or Current account? - IPO FAQ

    March 19, 2017 0
    Can you apply to IPO from Overdraft (OD) or Current account? - IPO FAQ
    Q: Can I apply from current account or over draft (OD) account ?
    A: Excepting few accounts, most of the banks do not allow such applications and applications are generally accepted from savings bank account or account having clear credit balances

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    Thursday, February 9, 2017

    Can you apply to IPO for family from your bank account? - IPO FAQ

    February 09, 2017 0
    Can you apply to IPO for family from your bank account? - IPO FAQ

    Q: Can I apply in the name of family members & friends from my saving bank account?

    A: Yes you can apply. There is no such restriction preventing you from making an application in your family members' name if the bank account used for ASBA blocking is yours.

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    Wednesday, February 8, 2017

    Can you do multiple applications in IPO? - IPO FAQ - Back to Basics

    February 08, 2017 0
    Can you do multiple applications in IPO? - IPO FAQ - Back to Basics
    Q: Can I apply more than one application in my name from different saving bank accounts in the same bank or different banks ?

    A: No. If you do, then all your applications will be rejected. Multiple applications are closely monitored and they are rejected outrightly
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