How to apply for IPO via ICICI Bank NetBanking (ASBA)

How to apply for IPO via ICICI Bank NetBanking (ASBA)IPO

In case you wish to apply for any of the IPOs through ICICI Bank NetBanking (via ASBA), this post is for you. Your respective bank will have the corresponding ASBA section.

ASBA stands for Application Supported by Blocked Amounts. This system ensures that the amount needed to apply for an IPO is blocked in the selected savings account, without being debited. Only in case of allotment, is the amount finally debited.

So, here’re the steps:

Go to the ICICI Bank NetBanking URL.

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Conclusion:

You have now successfully applied for the IPO through the ICICI Bank ASBA online application method. Refer this post to check allotment status for the applied IPO.

Additional Resources:

2 Responses to "How to apply for IPO via ICICI Bank NetBanking (ASBA)"

  1. mihshal   November 6, 2017 at 5:28 pm

    how to apply for 2 IPO with different 2 demat accounts ?
    Here it is not showing any of the option to edit the PANCARD details of the other demat account..so it is just accepting single pancard related IPO.

  2. Jimmy Pudussery   November 7, 2017 at 12:34 am

    @Mihshal: You can apply only once from one demat account, since that will be mapped to one bank account. One savings account cannot be mapped to multiple demat accounts. If any relative has a demat account with their respective bank account mapped, you may try through their NetBanking ASBA option, as well (to make it two applications). Hope it helps.

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