An ETF (Exchange-Traded Fund) is a type of investment fund that tracks an index, commodity, sector, or asset class and is traded on stock exchanges just like a stock.

Steps: Contact your bank’s customer care or visit the branch. File a grievance on SEBI SCORES portal (https://scores.sebi.gov.in). Contact the registrar of the IPO with your application details.

If the bank doesn’t block funds or delays the process, your application may be rejected. Always ensure you receive a confirmation SMS/email from your bank for the successful blocking of…