@Market Advisor Sir how do you apply? By online ASBA OR UPI ? Does canara bank provide debit card and update minor PAN card for minor account ? I visited canara bank branch , they are saying they will not provide Debit card
Yes Canara bank has provided a kit while opening the account including Debit Card n internet banking n passbook etc . Internet banking is doing well All applications through ASBA But problem is in INDIA Some reference required in PSU bank For this type of work This is confirm I use minor through CANARA
You should check whether auto sweep facility available in your bank. This will create FD when balance is above certain limit at the same time such money could be utilised for IPO application. I am using this facility with IDBI Bank.
Anyone able to apply for IPOs for minor DMAT accounts in Kotak bank ? I have my kids minor bank account in Kotak, PAN card registered but unable to map kids DMAT account & apply for them in Kotak netbanking. please help
mee too sam problems ..i raised compliant in kotak... but i applied through upi mandate
91.2. PavanM| Link| Bookmark|
November 7, 2023 8:17:06 AM
IPO Mentor (500+ Posts, 400+ Likes)
prabhusai, can you pls explain how to apply thru upi mandate? is this possible in my case. I was busy with providing Software Testing training & placement and not having much time from the past 3-4 years to focus on these.
91.3. Bullrunner| Link| Bookmark|
November 7, 2023 8:30:50 AM
Top Contributor (400+ Posts, 100+ Likes)
You have to fill physical asba registration form for your kid demat account one time at your branch.
Bullrunner, physical I filled ASBA BENEFICIARY to submitted.in branch.... Minor ASBA BENEFICIARY added successfully.. But not available in kotak app and network..( minor ASBA) Missing.. Do you apply through app??
Which is better investment for upcoming.all ipo...bid small hni in my 5 different demat acc.or apply big hni above 10lc in one demat account ..pls guide my friends...
86.1. Paymzia| Link| Bookmark|
November 5, 2023 1:15:48 PM
IPO Guru (2400+ Posts, 4500+ Likes)
One BHNI
86.2. Bullrunner| Link| Bookmark|
November 6, 2023 6:14:24 AM
Top Contributor (400+ Posts, 100+ Likes)
In Shni, if I apply for 2 lakhs or if I apply for max limit which is little less then 10 lakhs, allotment chances will be same? Or if I apply for higher lots then allotment chances will increase? Please guide me if have idea about this. Thanks in advance
85.1. Paymzia| Link| Bookmark|
November 5, 2023 12:52:07 PM
IPO Guru (2400+ Posts, 4500+ Likes)