South Indian Bank Ltd. Head Office T.B Road, Mission Quarters, Thrissur 680 001,Kerala, India
Application Supported by Blocked Amount (ASBA)
With a large number of companies opting for public issues in the primary market to raise capital, you now have the option to pick and choose and be a part of their market growth. All you need are sufficient fund, a bank account and a Demat account, to get started with these public issues.
ASBA is an investor-friendly way to apply for these IPO/Rights Issue/NCD. The ASBA mechanism ensures that your funds leave your bank account only when you are allotted shares in the public issue.
Benefits of IPO/Rights application through ASBA
Why ASBA?
How to Invest Through ASBA
Via SIB Mirror+/SIBerNet:
A confirmation message with application number will auto populate. Application details and status can be viewed by visiting Track Request -> Applied IPO/RIGHTS/NCD tab.
Visit a Branch: You can also apply for ASBA at your nearest South Indian Bank branch.
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