Can I apply in Employee and Retail Category in SBI Card IPO?

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Eligible Employees can bid under all 3 categories of SBI Card IPO:

  • Retail Category (any amount*)
  • Shareholder Category (< Rs 2L)
  • Employee Category (<Rs 5L)

An SBI shareholder and employee of SBI can apply in all three categories. A spate IPO application should be used for each of these categories.

* Retail application is considered as RII or NII category based on the amount in application. Amount < Rs 2L is considered as RII and above Rs 2L is NII.


1. vijaya  Feb 24, 2020 11:20 I Like It. | Report Abuse Reply
can a nri apply