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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.


8 Comments

8. sangeeta ganguly   I Like It. | Report Abuse |   Link | Sep 5, 2022 5:40:40 PM Reply
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.
7. sangeeta ganguly   I Like It. | Report Abuse |   Link | Sep 5, 2022 5:37:51 PM Reply
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   I Like It. | Report Abuse |   Link | Jun 1, 2022 11:36:25 AM Reply
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   I Like It. | Report Abuse |   Link | Feb 22, 2022 10:05:34 AM Reply
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.
4. Parmar Rajendrasinh kanchansinh   I Like It. | Report Abuse |   Link | Sep 22, 2020 12:27:16 PM Reply
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
4.3. jitendra   I Like It. | Report Abuse |   Link | Nov 22, 2021 3:25:14 PM
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.
4.4. kavitha   I Like It. | Report Abuse |   Link | Feb 21, 2022 10:03:05 PM
Did you get your money. I didn't get those
3. Tanmoy Chakraborty   I Like It. | Report Abuse |   Link | Jan 5, 2022 4:06:37 AM Reply
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   I Like It. | Report Abuse |   Link | Feb 21, 2022 10:02:06 PM
Did you get your money. I didn't get those
2. Kavitha   I Like It. | Report Abuse |   Link | Feb 21, 2022 10:00:48 PM Reply
Yes for me also. Please let me know how can I revert back mult money. worst situation
1. Kavitha   I Like It. | Report Abuse |   Link | Feb 21, 2022 10:00:01 PM Reply
Yes for me also. Please let me know how can I revert back mult money. worst situation