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What is UPI ID in IPO application?

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UPI ID is a mandatory ID to apply for an IPO through the UPI payment gateway.

An investor can use the existing UPI ID or create a new UPI ID through any of the UPI apps like Bhim, Gpay, Phonepe, Paytm etc. An UPI ID is the unique virtual payment address of the investor. An investor needs a UPI ID and UPI PIN to apply for an IPO through UPI.


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