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

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The application amount is kept blocked or marked as lien till the allotment is finalized. If you are are allotted shares, then this amount is credited to the company account. In case you are not allotted shares, then the amount is unblocked on the next working day.

Topic: How to buy IPO online in Axis bank? Article

10 Comments

10. Jitendra Bansal

| Link|October 12, 2023 1:46:56 PMReply

Guys, any resolution for the issue of non refunding of blocked amount from Axis bank. I am facing the same issue and still my amount is blocked for SME IPO.

Pls pls revert if anyone got, any solution?

9. sangeeta ganguly

| Link|September 5, 2022 5:40:40 PMReply

I am also facing same issue, AXIS bank is doing big fraud, even if you go to there office, they will show the statement, it will not show in statement. this happen with me twice.

@Axis bank -- please revert all amount you stolen from investor.

9.1. Jitendra Bansal

| Link|October 12, 2023 1:45:00 PM

I am also facing the same issue with Axis bank. Did you get any resolution for the same? Do let me know.

8. siva

| Link|July 11, 2023 4:00:19 PMReply

yes for me also how can any one answer same with my account

7. sangeeta ganguly

| Link|September 5, 2022 5:37:51 PMReply

Same case with me ... amount not unblocked till now for campus ipo .....any one let me know if they got their amount refunded

6. Robin

| Link|June 1, 2022 11:36:25 AMReply

Same case with me ... amount not unblocked till now for campus ipo .....any one let me know if they got their amount refunded

5. Priya

| Link|February 22, 2022 10:05:34 AMReply

4. Parmar Rajendrasinh kanchansinh

| Link|September 22, 2020 12:27:16 PMReply

I have fill IPO in bhim app application no 97256255 blocked to my Axis bank account through and after cancel this IPO but not revoke my balance .... please inform me email.. mobile number

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4.3. jitendra

| Link|November 22, 2021 3:25:14 PM

4.4. kavitha

| Link|February 21, 2022 10:03:05 PM

Did you get your money. I didn't get those

3. Tanmoy Chakraborty

| Link|January 5, 2022 4:06:37 AMReply

It’s happened to me also still my MedPlus healthcare ipo mandate money didn’t refund with axis bank . Plz guide me how can I get the revoked and where I can see my blocked amount in my bank
Thank u

3.1. Kavitha

| Link|February 21, 2022 10:02:06 PM

Did you get your money. I didn't get those

2. Kavitha

| Link|February 21, 2022 10:00:48 PMReply

Yes for me also. Please let me know how can I revert back mult money. worst situation

1. Kavitha

| Link|February 21, 2022 10:00:01 PMReply

Yes for me also. Please let me know how can I revert back mult money. worst situation

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