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When is the application amount blocked for applying for IPO is released in Kotak bank?

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The application amount is blocked or marked as lien when you apply for an IPO using kotak bank ASBA process. The blocked amount while applying for the IPO is released on the next working day of finalization of the allotment.

Topic: How to apply IPO through Kotak Bank?

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Find more questions on this topic

  1. Can I apply online for IPO through Kotak Bank netbanking?
  2. How to edit ASBA IPO application in Kotak bank?
  3. How to withdraw ASBA IPO application in Kotak bank?
  4. Can I apply for an IPO using Kotak Bank mobile app?
  5. How many applications can I make while applying for IPO using Kotak netbanking?
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