How To Make IPO Application Via SBI Netbanking

2
1748

SEBI has introduced the new ASBA system for IPO and it is now difficult to apply for IPO online from the brokers end. But you can easily apply online through your Bank’s netbanking facility. Here are the step that you need to follow to apply for IPO from SBI net banking. 

Step 1.  Login to your SBI netbanking and go to E-services tab.

sbi1

Step 2.  Click on Demat & ASBA from the left side menu

sbi2

Step 3.  Under ASBA services select IPO Equity

sbi netbanking ipo application asba

Step 4:  Click on Agree and then select the IPO you wish to subscribe and hit Go

sbi5

Step 5: Click accept. You will then see the details of the IPO

sbi7

Step 6: Fill in the details like PAN, DP account, bid price , quantity  etc and click on Submit and you are done.

sbi8

Step 7.  You can check the status by going to the IPO history tab

sbi9

 

The procedure in same for other banks also. You can check for your respective banks. All nationalized banks offer IPO application through net banking.

2 COMMENTS

LEAVE A REPLY