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Do I need to issue a cheque for IPO application at CompositEdge?

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 are not required to sign a cheque for IPO application. You can apply for an IPO through bank account net banking. Your money will remain in the account and doesn't debited till you get allotment. If you do not get allotment, your money remains in the account and debit doesn't happen.



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