Dear SBI ASBA people, The system followed by SBI is first lifting the lien amount and the actual cost of shares will be debited. Dont worry. Now, the lien amount only lifted. The actual share amount will be debited soon.
Can anybody know the reason why the Karvy has not published the basis of allotment and responsible for such tension.
I GOT MY ACCOUNT DEBITED. I HAVE APPLIED THROUGH SBH ASBA. SBI ASBA APPLICANTS DONT WORRY. FIRST LIEN REMOVED TO DEBIT ACTUAL AMOUNT OF YOUR ALLOTTED SHARES. THESE WILL HAPPEN SIMULTANEOUSLY.DONT WORRY
iN SBI-ASBA , IT IS THEIR USUAL WAY-FIRST THEY RELEASE THE FULL BLOCKED AMT. THEN THE ACTUAL COST OF SHARES ALLOTTED WILL BE SHOWN THE DEBIT ENTRY. SO DON'T WORRY
@ mohu- i fully agree the support what mohu said.. money will be debited from sbi accts after some time..till then chill... no point panicking now...and requested the users not to ask the same type of questions again and again and flood the blog.