SBI Cards IPO: Why you should NOT miss it?

The much-awaited IPO of 2020 is here. The issue will be opened for subscription from March 2 till March 5. Watch the video to get the highlights of the issue and why you should invest in it.

Here are the key steps to apply for SBI Cards IPO through 5paisa mobile app:

1. Login to your 5paisa mobile app and select the issue in the current IPO section.
2. Enter the number of lots and price at which you wish to apply for.
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
4. You will receive a notification to block funds in your UPI app.
5. Approve the block request.
6. Upon successful approval, the required amount will be blocked in your bank account.
7. On allotment, the blocked amount will be deducted from your bank account and shares are credited into your Demat account.
8. In case your application gets rejected, the money will be unblocked by your bank.

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