Chittorgarh.com Logo
Loading...

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

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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.


Comments

Add a public comment...