Comment on Apply for IPOs using UPI

Mohit Mehra commented on 01 Oct 2019, 01:36 PM

1. The mandate collect request is supposed to be received in real-time. We send the application to the exchange which in turn sends it to the bank. In case of delays from the bank’s end, mandates requests are delayed. You could delete the application through Console and re-apply. However, if that still does not solve the issue, you can try to use the BHIM UPI app. It has a better success rate than some of the bank apps.
2. You can use any bank account where you are one of the account holders. It need not be mapped to Zerodha.

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