How to Apply NEW IPO Through ASBA in UNION BANK via Net Banking Step by Step

Follow the below step to apply IPO through ASBA / Net Banking for Union Bank

Step 1: Login into Union Bank Net Banking

Step 2: Insert your username & password to get Logged in.

(Note: Apply online for net banking or contact near your branch)

Step 3: After login go to ASBA section from Navigation Menu.

Step 4: You will get option for what you want to do. Please check below various option as per your requirement.

Step 5: If you are new (Most probably new user), you first need to register your details to apply quick apply all active IPO.

Note: This is one time process, after register you don’t need to register again to apply future IPO.

This will be used for all IPO expect you change your DEMAT Account number.

Step 6: After register, if you want to modify details than you can update by Modify option as below.

Step 7: After register, you need to go for Apply New IPO, where you will able to list / see all current active IPO.

You need to choose IPO from the list and go for registered applicants or Un registered applicants.

As we already register from above step, you need to select registered appliacants.

Step 8: Now you able to see main IPO apply page, where you need to fill up require details.

For normal retails investor, you need to select Retail Individual Investors from Investor category. This will be applicable amount min up to 15000 INR and there after multiply by maximum 200000 INR.

i.e. if DMART price is 299 INR and its lot size is 50 than it will become 14950INR per lot and you can apply max 13 LOT as Retails i.e. 14950 /per lot price * 13 LOT = 194350 INR. Subject to Max 2 LACK.