Not Assigned April 28, 2025 | Written by Northeast | Can I use an NRI bank account for ASBA applications? FacebookXPinterestEmailWhatsApp Yes, NRIs can apply for IPOs using ASBA from their NRE or NRO accounts, subject to RBI and FEMA regulations. Continue reading
Not Assigned | Written by Northeast | Why is my amount still blocked even after the IPO allotment? FacebookXPinterestEmailWhatsApp The bank may take 1-2 working days to release the blocked funds after the allotment is finalized. If the delay persists, contact your bank. Continue reading
Not Assigned | Written by Northeast | When will the blocked amount be debited from my account? FacebookXPinterestEmailWhatsApp If you are allotted shares, the blocked amount will be debited, and the remaining balance (if any) will be released. If no shares are allotted, the full amount is unblocked. Continue reading
