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Should I have a 3-in-1 account to apply in IPO with Axis Bank?

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.

  • To apply in IPO's through Axis Bank customer has to have the Saving Bank Account with Axis Bank.
  • Customer can use the Demat account with any other DP service provider.
  • Trading Account is not required when applying in IPO's but needed to sell the shares received.

Topic: AxisDirect Broker IPO Review

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Find more questions on this topic

  1. Can I cancel or withdraw the IPO Application submitted online through AxisDirect?
  2. How many IPO application can I submit from a Axis Bank account?
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