How to cancel IPO UPI mandate?

The IPO UPI mandate can be cancelled by cancelling the IPO application. In case of any issues, reach out to the intermediary through whom the application was made.

Cancellation of IPO UPI mandate means that the application is revoked/withdrawn.

Once you cancel the IPO application, the block set up for the funds will be lifted by the bank. It usually takes 24 hours for the block to be lifted. However, this time period may vary from bank to bank.

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