Jyoti CNC Automation Limited IPO Message Board (Page 6)

​@Skavinab Good exp. Funds still blocked though like other asba. One has to keep 5k in account unlike kotak or icici which I already keep as minimum balance. Opening is pretty easy, on video banking. Allotment not received as this was 1st ipo only. Initially I made a 15k fd for checking. It is providing better interest rates (i opened at 8% for 20, 25 and 30 months) and lower balance plus no threshold which means if ipo of 14895 is alloted, only 14895 will be deducted in lifo method and not in 5k /10k denimination unlike sbi, icici or kotak. Totally worth.

​@AryanRaj I have a zero balance account in AU bank and how to convert to sweep in by online . Thanks

​@KGSKIPO Just open sweep in fd by login into au bank app or net banking and then calling on video banking. Tell them you want to open sweep in fd of so much amount and so much duration. Very easy 5 minute process. There is nothing like converting. Only thing is you will have to keep 5k balance in acc now onwards or it will be deducted automatically from fd. 5k is better deal than keeping 10k to 25k of kotak, sbi or icici and also having deposits at 8% than 6-7%.

​@AryanRaj  Thanks. I am not seeing any option of opening sweep in fd in AU bank app. It shows only FD option. Is it that we have to open normal FD and ask them to convert into sweep in FD through video banking.

1 sHNI, seems like tough allotment.

Shaayad iss mai bhi koi bhalai hogee bandhu .. Prabhu ki ichha..

It's normal. No issue. It will be deducted

​@Rahul vadiya 
Refer this thread
https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1611&c=716812&ap=0
🙏

I wish you get atleast 2 out of 4 applications