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How to apply in an IPO on a minor's name? FAQs's Messages

1 Comments

1. Quality Comment

| Link|January 27, 2022 10:43:44 PMReply

@Admin,
This is wrong about Minor UPI.
I am using ICICI bank account for my Daughter & I have creates UPI ID in Gpay for this account.
Also, with pro stock demat account I am using same UPI id & I got allotment many time for same.

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1.5. Bharat vaishnavi

| Link|November 13, 2022 5:59:48 PM

@Quality Comments , I am trying to apply IPO through UPI FROM PROSTOX MINOR DEMAT account But not able to do and Prostox application showing , (REJECTED
SAF:Yel is down) What is the meaning and now what to do ? Please solve this problem.

1.6. Prakash

| Link|September 8, 2023 11:31:06 AM

You are applying using your account or Daughter's bank account? How you have created UPI ID for minor? It is not allowed if minor is less then 15 years old? You are putting your UPI id in Prostocks or daughter's UPI ID?

I have applied using my (gaurdian) UPI ID. Is it valid application?