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What is the benefit of applying through ASBA?

By IndianMoney , 5 months ago

1. The amount remains blocked in the bank account for the IPO application. 2. There is no loss of interest. 3. There is no need to anticipate for your refund cheques or ECS credits. 4. Self Certified Syndicate Bank unblock the application money from the blocked accounts in case the application is denied or no allotment or the issue is withdrawn. 5. The application form is simple and which can be applied through online net-banking 6. No need for submission of any physical documentation to avail of this facility. 7. This is free of cost

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