Answer
You can apply for an IPO with HDFC Sky without using UPI by using the ASBA (Application Supported by Blocked Amount) facility through HDFC Bank’s net banking.
Here’s how to apply without UPI using ASBA:
- Net Banking: Log in to your HDFC Bank net banking, go to the IPO/shares section, choose the active IPO, and enter your Demat account details to block funds.
- Physical Application: You can visit your nearest HDFC Bank branch to submit a physical ASBA application form.
Required Details: You will need your PAN number and your HDFC Bank account number.