Hi, I am new at Demat and trading accounts. I have gone through few of your publications, they helped me much. Considering your points I am thinking to open zerodha account, but on checking about zerodha I got to know that it doesn’t provide IPO investment. I have Axis bank netbanking, so if I want to do IPO through ASBA whether any service charges will apply..?
I don’t have much understanding in this field so please help me in this regards.
Thank you for sharing your knowledge.
You have to apply for IPO through your Bank (either using internet banking or physical submission) using ASBA facility ONLY. During this process you have to provide your demat account details.
For complete process of your bank, be in touch with bank or check internet banking facility.
Whether Banks will charge addition charges for this…?(Asking generally)
As of now, many banks provide this service as a value added service at the free of cost. But it is always best to cross-check the charges before applying for IPO with your bank.