You can apply for an IPO applciation through net banking. It’s quite a simple process and would get completed within a few minutes, provided you have all the documents with you.
Banking institutions are the perfect alternative if you’re looking to apply for an IPO if your broker doesn’t provide the service. If you want to do so, then all the different steps are illustrated below.
- Head to the banking website. You will need to enter your password and user ID.
- Once into your net banking account, search for the IPO application and ASBA services on the account options. It would be different from one bank to another, but the procedure is the same.
- Once you find the application, then fill it with all the necessary details as asked. Ensure that you fill in your name, PAN card details, Demat account, and bank account details correctly. Ensure that the amount that you’re willing to invest is also entered correctly.
- Once entered and submitted. You would receive a registration number that would give you all the information about your submitted IPO application.