• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Is it possible to apply IPO using Sweep-in FD?

Apply For Lifetime Free IDFC First Credit Card
J

Jack007

TF Buzz
I just was about to make a FD and also did apply for few IPO's recently. So this thought came to my mind if we can use the Sweep-in Fixed Deposits to Fund IPO's? I tried searching for it but could only find on HDFC's website that they don't allow it. Does anyone have any experience with it or any ideas if other banks allow it or not?
 
Apply For LTF IndusInd Bajaj Tiger Credit Card
Apply For LTF Scepia Credit Card
Solution
mihirjain9875
From commet we find that ICICI , RBL. KOTAK ACTIVMONEY, INDUSIND BANK allow to apply IPO against LINKED FD

Can anyone confirm me that we can apply ipo through UPI Mandate against linked FD

ICICI provide through UPI but I don't know about other bank


So member can you confirm this please
Sort by date Sort by votes
Hi all, is can RBL bank providing this feature? If yes what's the product name and how to do?

Thinking to do with either icici, or rbl. I have tested Icici it's able to, but wants to do from rbl it's provide more interest than icici if possible.
 
Upvote 0 Downvote
You must log in or register to reply here.
Back
Top