FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
No, you cannot apply for IPO in the HNI category through UPI. The UPI payment gateway has a universal transaction limit of Rs 2 Lakh while the HNI application should be above Rs 2 Lakh.
Following are two options available for HNI's to apply in IPOs:
You can apply for IPO in HNI using ASBA offered by the net-banking facility of banks. All banks including public and private banks offer online IPO facilities on their net banking website and mobile app.
You could visit the bank branch and apply in the paper form.
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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For any amount above ₹5 lakh use ASBA.