How to pay for IPO?

I have followed the below process to pay for IPO:

• Sign up for UPI on the Google Pay app and connect your HDFC Bank account with the handle "okhdfcbank."

• On the IPO application form, input your UPI ID and submit it.

• On the Google Pay app, you will receive a request to block funds.

• Accept the request to block the funds for the IPO in the Google Pay app.

• Your bank account will not receive any money until allotment, at the time it will be deducted. For information on the cap for IPO applications,

  click here

  .

• The funds will be automatically deducted from this blocked sum upon the allocation of the shares.

• On the end date or expiration date of the mandate, if the shares have not yet been allocated to you, the blocked money will be released.

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