| 17. Ravi Oct 09, 2012 2:35:25 PM IST |
| YEs, investor will continue to earn money on the funds blocked under ASBA |
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| 16. Manoj Choudhary Sep 24, 2011 12:29:10 PM IST |
| yes definitly you will get saving bank intrest on the blocked amoun. |
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| 15. priyanka Feb 09, 2011 12:55:06 AM IST |
| in case, your application is rejected or you have not been alloted the shares...then ur blocked amount wil be unblocked and you will earn the interest for that time period...but if u have been alloted shares and the money will now be transferred to the company from your account...then u will not be getting any interst on that amount... |
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| 14. Manoj Oct 20, 2010 2:58:44 PM IST |
| Yes, you will get the interest amount on blocked amount. |
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| 13. Mukesh Aug 27, 2010 2:42:54 PM IST |
| Yes, definitely one will earn interest on blocked amount. |
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| 12. SATISH BHAT Mar 25, 2010 2:19:43 PM IST |
| Definitely yes. You will earn interest. |
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| 11. gem ipo finder Feb 15, 2010 7:39:10 PM IST |
| yes, offcourse you will get the interest on it as well as if you have in savings a/c in a bank where avg. balance is reqd. to be maintained then you can also enjoy that balance maintainance, in ASBA considering these benefits it has been introduced |
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| 10. naga Nov 22, 2009 11:51:24 AM IST |
| I dont think you will get interest on the blocked amount. |
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| 9. Dr. raviteja Aug 26, 2009 6:39:58 PM IST |
| yes u will surely get the interest |
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| 8. amarjit pahwa Aug 11, 2009 10:55:37 PM IST |
| yes,the interest will be paid as applicable to the account through which ipo has been applied. |
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| 7. Nita Bhatia Jul 06, 2009 6:34:57 PM IST |
| Yes, You will get 3% bank interedt on that amount |
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| 6. RUPAL SAXENA Dec 28, 2008 1:10:51 PM IST |
YES OFCOURSE.
ONE WILL DEFINATELY GET INTEREST FOR THE BLOCKED AMOUNT IN THE ASBA AS PER SEBI GUIDELINES FOR IPO |
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| 5. PRASANNA K Sep 29, 2008 11:45:52 AM IST |
| Yes, as per RBI guidelines, the interest will be paid by the banks on the amount blocked in Savings a/c for IPO/Rights issue. |
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| 4. smartypants Sep 07, 2008 11:37:46 AM IST |
to draw a parallel.
investors normally do not get interest on the ipo refund. why should a bank give interest
banks will be interested in this system only if they have to gain i.e their free float increases
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| 3. k.s.bhat Sep 02, 2008 12:46:47 PM IST |
YES
tou will get the interest on your money blocked in S.B.account with SCSB bank, as there is only a lien against the money blocked |
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| 2. smart investor Aug 29, 2008 9:29:44 PM IST |
| yes you wil get the interest of the amount locked in saving a/c for applying ipo |
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| 1. goodbrother Aug 09, 2008 9:52:48 PM IST |
YES
you will get the intrest on your money which is locked in savings bank a/c with SCSB bank for IPO application |
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