Here we will discuss how to apply for an IPO online with ASBA using SBI Bank NetBanking. Follow the processes below to apply for IPOs such as mainstream IPOs, SME IPOs, and NCDs. SBI Bank NetBanking users can easily apply for an ipo through ASBA.
How to Apply IPO with ASBA through SBI Bank?
- Login to SBI Bank NetBanking – onlinesbi.sbi
- Click on eServices Tab
- Click on Demat & ASBA Services
- Click on IPO Equity
- Select IPO
- Enter Details in the Form like DP ID, BID, Name, Pan Card and more
- Verify & Confirm Your Order
It’s completed. It is simple and easy, however you must have funds in your SBI Bank account so that it can be blocked when you apply for the ipo using SBI NetBanking. If you do not receive an ipo allotment, the amount you applied for will be blocked and cannot be utilised until the funds are unblocked. If you receive the allotment, the company’s shares will be credited to your Demat Account.
App IPO Application Details:
Login with Profile Password:
Add Details:
Select IPO Equity from Demat & ASBA:
Accept IPO Disclaimer:
Select IPO from the List:
Apply IPO:
IPO Bidding:
