Syrma SGS Technology Ltd IPO Message Board (Page 36)

Hi,
Are you availing fd linked service while applying for asba.
Your reply would be helpful.

@k.atar I've used Indusind for IPO application clubbed with Linked FD.
The process is quite easy.... You can book the FD online and apply for IPOs through netbanking after adding your demat account details (you only need to add it once). They use your combined balance ( fd + savings ) for IPO purpose, so I'll recommend having a decent savings balance apart from FD.
I was using it until April, after which i closed the account so I'm not sure about any updates but I'm confident this feature is still available.

I shifted to AU bank as I'm getting good interest(slab based) in savings Bank and i can apply for IPOs too.
Indusind will be marginally more profitable but the drawback is that you have to block funds in FD.

@k.atar
Not using fd linked services for applying application through asba
Im using my savings account balance for applying ipo through asba

Indus no longer allowing third party application.

Brother,, MOG and Naman,
While checking online there are multiple types of account that can be opened, wanted to know which one to choose for to avail this facility.
@MOG,, if you could remember this detail or this facility is available in any account type.
@ Naman, could please enquire about it in your branch and let me know , which account type to opt for , or this facility available to all account types.

I have no idea about it and indusind bank is not near me so that I could check, looking for any help in this regard.
Thanks in advance..

ICICI bank also provides flexi FD which can be used for applying in IPOs. Interest @5.5% PA.

Well icici netbanking do show total balance which include fd amount too,
After reading that last thred of using fd amount for IPOs i am gonna test it though
Its, just that when ipo asba window open it does not show availabile balance
I just wanna know anyone applied for asba and acc. Does not have enough amount, do i have to pay charges or my bid will be not proceed further

@k.atar
Indus asba service is available for all accounts

@K.atar i really don't remember the exact name of the type of savings account but i opened it through local branch and it required minimum of 25k balance.
Once the account is opened, you can book FD through netbanking by selecting link FD option while booking it

@ Naman, thanks for the reply.
@ Mog, really appreciate the help.
Good luck

To better yehi he ki discount me hi kharide.

In HNI minimum allocation is 14 lots. Due to oversubscription, it will be lottery. So it will be either 0 or 14 lots

Thanks Ravu,
But i have 1 question in campus active wear I applied for 15 lots but got only 1 lot. Why?

Zerodha support only UPI upto 5 Lakhs.
You may need to apply from HDFC as ASBA by providing demat a/c ( zerodha has the demat number)