Up to what limit can I apply for a public issue in UPI?
As per SEBI regulations, retail investors can apply for public
issues using UPI with a maximum bid amount of up to Rs. 2 lakhs per
application. It's important to note that this limit is per application and not
per UPI ID. Therefore, if an investor submits multiple applications for the
same public issue, the total bid amount across all applications should not
exceed Rs. 2 lakhs.
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Up to what limit can I apply for a public issue in UPI?
As per SEBI regulations, retail investors can apply for public issues using UPI with a maximum bid amount of up to Rs. 2 lakhs per application. It's important to note that this limit is per application and not per UPI ID. Therefore, if an investor ...
How can I apply for an IPO without using UPI?
To apply for an IPO without using UPI, you can utilise the ASBA (Application Supported by Blocked Amount) facility provided by banks. Here's how you can do it: · Visit Bank: Visit your bank branch or log in to your internet banking portal. · Fill ...
Can I apply for IPO using others UPI ID?
No, you cannot apply for an IPO using someone else's UPI ID. IPO applications must be made using your own UPI ID and bank account. Using another person's UPI ID for IPO applications is not allowed and may lead to the rejection of the application. IPO ...
How to add funds using UPI ID?
To transfer funds via the UPI method using a UPI ID that is not linked to the same mobile device, please follow these steps: Log in to the 5paisa Mobile App. Tap on the 'User' option and select 'Add Funds'. 3. Enter the amount you wish to transfer ...
Will the existing non-UPI channels for making application in public issues will be available for retail investors after introduction of UPI?
With the introduction of UPI, the focus has shifted toward digital payment methods. If you're not using UPI, other ways exist to apply for IPOs. You can use your bank's net banking ASBA service without needing UPI. This gives you more choices for ...