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Can NRI apply to SBI Card IPO?

Zerodha (Flat Rs 20 Per Trade)

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Yes, Non-Resident Indians (NRIs) are eligible to apply in SBI Card IPO under retail and HNI Category.

Note: NRI, who hold SBI shares in their demat account, are not permitted to apply for SBI IPO shares under shareholders category.

Check the page 404 of SBI Card RHP document for more detail.



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