Dear Boarders, Is anyone using Yes Bank ASBA facility?? Our Yes bank representative in Hyderabad (Dilip) says that Yes Bank has ASBA facility but only for those who have DMAT account with YES bank. Is this true? I couldnt apply to Equitas IPO becaof this as I dont have time to go to branch and submit physical form. Ofcourse, I had applied thru kotak for 3 lots but couldnt apply thru my wife dmat account IIFL tied up with Yes Bank.
BTW, please dont open Yes bank account just for 6% interest that they offer. Their good service ends with account opening. Their customer care number (1800 2000) is never reachable. You can try to call their customer care number once if you want to open savings account with Yes Bank.
Never say Yes to Yes Bank. This is from our personal experience. Please reply if any Yes bank account holder with dmat with non yes bank tied up broker is able to ASBA facility of Yes Bank.
Boycott NTPC Green Energy IPO