I had placed an application in my father's ac using my upi( 3rd party).
I had not received the mandate the first time so had to bid again. In the below image it shows that he has been alloted in one of the application whereas i have received the mail stating non-allotment. Please suggest what to do? Will i receive allotment or not ? The autopay has not been cancelled as of yet
I don’t know why people are bothered about revoking using 3rd party UPI/ ASBA. We know that as per rule, 3rd party is not acceptable ( with some exceptions some times), it’s always better to create own UPI for every phone number linked with demat and apply.
Apart from taxation, I don’t see any concern.
If anyone has more idea on this, please share. This is very helpful to understand better
Do not worry, it happens with UPI when there is issue at the backend of the allottee's bank server.
If the status shows like that or even if the amount is credited back to your account, just keep the required balance in the account as instructions will be sent again to debit the allotment amount.
🙏 sir allotment website pe dono me share allotted dikha raha he Upi hold bhi active he Par bhim me se payment failed ka mesg aaya tha 12 baje Bahut confusion he Ab muje kya karna chahiye Website pe dono account pe security alloted dikha raha he
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April 24, 2024 3:08:10 AM
IPO Guru (3000+ Posts, 2400+ Likes)
You will get shares credited in your demat. Also just keep sufficient balance in the account that matches with the number of shares allotted. It will get debited on its own soon.
And again, no need to worry, its actually beneficial to you till the time money doesn't get debited as you earn Somewhat extra interest in the meantime 🙂🙂