What is UPI mandate for IPO?

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The UPI mandate is the approval request required to complete the payment process in an IPO application.

When investors apply for an IPO using UPI ID, they receive an UPI mandate request that they must review and approve. Investors must approve the UPI mandate request before the deadline to complete the IPO application process.

Topic: UPI IPO Application Feedback

1 Comments

1. HS Pathak

| Link|September 12, 2024 6:54:18 PMReply

Very sorry to share my experience for upi mandate. I have received the message from NSEIL to block the amount but when I have opened my sb account net banking there is not showing my mandate for approval. I have same process twice but all is in vain.

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