ASBA
Application Supported by Blocked Amount blocks the application money in your bank account instead of debiting it.
UPI mandate
Retail investors can approve a UPI mandate on their UPI app to block funds for the application.
After allotment
Only the amount for allotted shares is debited; the rest is unblocked.
Investments in securities markets are subject to market risks. Read all related documents carefully before investing. RKFS does not guarantee IPO allotment or investment returns.
