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Can I withdraw the blocked amount in favor of ASBA application?

Kotak Securities Account Opening

Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

No, the amount blocked in your bank account supporting the ASBA application cannot be withdrawn till the time of allotment.

 

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Topic: Kotak Securities Broker FAQs

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Find more questions on this topic

  1. How to invest in IPO through Kotak securities ASBA process?
  2. How to close Demat account in Kotak Securities?
  3. Can I place multiple order under ASBA process?
  4. Can a client revise the bid at which he placed the application order?
  5. Can a client withdraw application placed using ASBA during the issue period?
  6. Is all the clients allowed to invest through Kotak securities ASBA process?
  7. What is Kotak Securities?
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