What if my bank is not providing UPI service for public issues? Can I use third party UPI ID or a third party bank account for making payment?

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• What if my bank is not providing UPI service for public issues? Can I use third party UPI ID or a third party bank account for making payment?

  If your bank doesn't offer UPI services for public issues, you can still utilize your bank account for blocking funds. Depending on the application phase (I, II, or III), apply with the respective SCSB or intermediary for fund blocking. Suppose your ...

• 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 ...

• Are second/third/joint account holders in a bank account restrained from using the same account for payment in public issues?

  According to the SEBI Circular, applications made by retail investors using third-party UPI ID or any category of investors using a third-party bank account are liable for rejection. However, there are no specific restrictions imposed by SEBI on the ...

• 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 ...

• What is the Procedure for Adding a Bank Account?

  To add a bank account to your 5Paisa account, follow the detailed instructions for both the mobile app and the website. Ensure you have the necessary documents ready for a smooth process. Adding a Bank Account Through the 5Paisa App 1. Login: Open ...