How to apply for SBI CARD IPO through SBI net banking?

IPOs are a craze these days with retail investors. One of the reasons for this high participation from retail investors in an IPO is the relative ease with which people can apply for an IPO. Anyone who has an SBI net banking can easily apply for an SBI CARD IPO online. And it can be done in a few minutes. Moreover, under the ASBA facility, the application amount is not debited but only marked as a lien which helps you earn interest on it. 

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Steps to online IPO application through SBI bank

The process to apply for an IPO through SBI internet banking involves the following 6 steps-

1. Login to your SBI online account
2. Click on e-Services Tab
3. Now click on 'Demat and ASBA services'
4. Click on 'IPO Equity'
5. Select the IPO you wish to apply from the list
6. Enter IPO details
7. Verify and Confirm the details