Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Service typeApplication Supported by Blocked Amount for IPO, FPO, debt and rights issuesView source
is an issue-application payment mechanism, not a securities or deposit product.
- Source
- Page / section
- overview
- Accessed
- 12 Aug 2026
- Confidence
- high
Eligible funding accountFunded SBI savings or current account with sufficient clear balance; overdraft and loan accounts are excludedView source
The application amount is blocked only against clear funded-account balances.
- Source
- Page / section
- Most Important Terms and Conditions
- Accessed
- 12 Aug 2026
- Confidence
- high
Demat and PANA valid demat account with any depository participant and PAN are required; the demat account need not be with SBIView source
explicitly permits a demat account maintained with another entity.
- Source
- Page / section
- Public issue eligibility
- Accessed
- 12 Aug 2026
- Confidence
- high
Treatment of application fundsFunds remain blocked and continue earning account interest where applicable; only a successful allotment amount is debitedView source
The lien is removed following finalisation when funds are not required.
- Source
- Page / section
- operation
- Accessed
- 12 Aug 2026
- Confidence
- high
Online channelOnlineSBI: e-Services → Demat & ASBA Services → IPO (Equity) ASBA or IPO (Debt) ASBAView source
Internet-banking transaction rights are required for the online route.
- Source
- Page / section
- Online facility
- Accessed
- 12 Aug 2026
- Confidence
- high
Published bid-control distinctionRetail equity applicants up to the published ₹2 lakh page threshold may modify, revise or delete during bidding; debt applications may be withdrawn but not modifiedView source
Issue documents and current categories control; the page's bid threshold should not be generalized beyond its stated rules.
- Source
- Page / section
- Equity and Debt
- Accessed
- 12 Aug 2026
- Confidence
- high
AvailabilityOnline through SBI Internet Banking for customers of any SBI branch; physical routes remain subject to the applicable issue and branch processView source
The manually reviewed product record states: “Online through Internet Banking for customers of any branch; physical routes remain subject to the applicable issue and branch process”.
- Source
- — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
EligibilityEligibility under the specific issue and current SEBI rules still applies.; The applicant must use their own eligible bank account or linked UPI ID as applicable.; Clear funds must cover the application amount; overdraft and loan-account limits cannot be used.View source
The manually reviewed product record states: “Eligibility under the specific issue and current rules still applies.; The applicant must use their own eligible bank account or linked as applicable.; Clear funds must cover the application amount; overdraft and loan-account limits cannot be used.”.
- Source
- — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
Customer typeEligible SBI savings and current account holders applying to securities issues; Retail, non-institutional and institutional applicants subject to issue rules; Eligible shareholders applying to rights issuesView source
The manually reviewed product record states: “Eligible savings and current account holders applying to securities issues; Retail, non-institutional and institutional applicants subject to issue rules; Eligible shareholders applying to rights issues”.
- Source
- — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
Benefits and features
- Application money stays in the bank account until allotment
- Applicable account interest continues while funds are blocked
- demat account is not required
- Online access for customers of any branch
- Equity, debt and rights-issue coverage
Eligibility
- Eligibility under the specific issue and current rules still applies.
- The applicant must use their own eligible bank account or linked as applicable.
- Clear funds must cover the application amount; overdraft and loan-account limits cannot be used.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Demat account and depository participant details
- Issue application details
- Eligible funded savings or current account with Internet Banking transaction rights for online
Related official documents
SBI ASBAofficial-product-page · current · accessed 29 Aug 2026
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