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How to add funds in Kotak Securities for IPO?

Kotak Securities Account Opening

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For both forms of IPO applications, ASBA or non-ASBA, the investor must have sufficient funds in his bank account that will be used to fund the IPO subscription application. You can visit the bank to deposit money into the bank account or transfer it from another bank account.

To transfer money online follow these steps:

  1. Visit the Kotak Securities website and click on LOGIN TO TRADE.
  2. Log in to your trading account by entering your login ID, password and security key.
  3. Click on Money > > Money Transfer > > Money Transfer
  4. Here you can transfer money between your bank account and your Kotak Sec trading account.
  5. Select From: Bank and To Mutual Fund / IPO and then click on Send.
  6. Select the bank type > > Select the payment type as Mutual Fund / IPO > > Enter the amount and click Go
  7. Confirm the transaction and click Submit. If you have a Trinity 3-in-1 account, your money will be transferred immediately. Otherwise, you will be redirected to the Payment Gateway page of your linked bank account to complete the transaction.

 

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