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Can an employee bid in SBI Card IPO using UPI under employee quota?

Zerodha (Flat Rs 20 Per Trade)

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.

No, Eligible Employees are not permitted to apply through the UPI mechanism in SBI Card IPO. The eligible employees cannot apply through brokers who don't offer a 3-in-1 account. This means you cannot apply in SBI Card IPO's employee category using your account with Zerodha, 5paisa, Edelweiss, Upstox, etc.


4 Comments

4. daksh   I Like It. |Report Abuse|  Link|March 1, 2020 11:58:11 AMReply
I am employe of sbi and i want to apply under employee catagory but want to do asba from axis bank account with trading account in angel broking.. shall it be possible??
3. Prakash khet   I Like It. |Report Abuse|  Link|February 29, 2020 11:25:46 PMReply
Sir,
Mai mere SBI net banking se apply Kar Sayla hu?
2. Shiva   I Like It. |Report Abuse|  Link|February 25, 2020 12:29:23 AMReply
Same query here. However I feel we can place through SBI internet banking under employee category
1. Ashwani Kaushal   I Like It. 3|Report Abuse|  Link|February 20, 2020 8:25:11 PMReply
Sir i have sbi saving a/c and dmat a/c with edelweiss.....also sbi employee....can i apply with asba..
1.1. bisws   I Like It. |Report Abuse|  Link|February 23, 2020 8:54:25 PM
Same query... ASBA Possible????