Now, you can use your UPI ID as a payment option when subscribing to IPOs on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Just inform your broker to select UPI as the payment method while filling out your IPO application for a seamless, hassle-free experience.
Advantages of Using UPI for IPO Applications:
Create a UPI ID using any of the IPO-enabled BHIM UPI apps
Enter UPI ID on IPO Application
Check notification on your BHIM UPI app and approve
Check application details and proceed
Enter UPI PIN to approve the mandate block
Confirmation of transaction
Ensure the bank account linked is from the list of the 47 banks live on UPI with IPO feature mentioned below.
| Sr. No. | UPI Apps live on IPO | Handle |
|---|---|---|
| 1 | BHIM Baroda Pay (only Android) | @BARODAMPAY |
| 2 | BHIM RBL Pay (Android & iOS) | @rbl |
| 3 | BHIM PayWiz ( Android ) | @idbi |
| 4 | BHIM (Android & iOS) | @upi |
| 5 | BHIM AU (Android & iOS) | @aubank |
| 6 | BHIM Axis Pay (only Android) | @axisbank |
| 7 | BHIM Bandhan UPI (Android & iOS) | @bandhan |
| 8 | BHIM DLB UPI (Android & iOS) | @dlb |
| 9 | BHIM IndusPay (only Android) | @indus |
| 10 | BHIM KBL UPI (Android) | @kbl |
| 11 | BHIM Lotza UPI (only Android) | @federal |
| 12 | BHIM SBI Pay (only Android) | @sbi |
| 13 | BHIM UCO UPI (Android and iOS both) | @uco |
| 14 | BHIM YES PAY (only Android) | @yesbank |
| 15 | Citi Mobile (Android & iOS) | @citi & @citigold |
| 16 | DhanSmart (Android & iOS) | @dlb |
| 17 | DigiBank - DBS (Android & iOS) | @dbs |
| 18 | Freecharge (Android & iOS) | @freecharge |
| 19 | Google Pay (Android & iOS) | @okhdfcbank, @okaxis , @oksbi, @okicici |
| 20 | HSBC Simply Pay (Android & iOS) | @hsbc |
| 21 | IDBI Bank GO Mobile+ ( Android & iOS) | @idbi |
| 22 | iMobile by ICICI Bank (Android users) | @icici |
| 23 | IndOASIS (Android and iOS both) | @indianbank, @allbank |
| 24 | Kotak Mobile Banking App (Android) | @kotak |
| 25 | MobiK wik ( Android & iOS) | @ikwik |
| 26 | Nxt – Union Bank of India ( iOS and Android ) | @unionbankofindia, @uboi and @unionbank |
| 27 | Paytm (Android & IOS) | @paytm |
| 28 | PhonePe (Android & iOS) | @ybl, @axl, @ibl |
| 29 | SIB Mirror+ (only Android) | @sib |
| Sr. No. | Sponsor Banks live on IPO |
|---|---|
| 1 | Axis Bank Limited |
| 2 | HDFC BANK |
| 3 | ICICI Bank |
| 4 | Kotak Mahindra Bank Limited |
| 5 | State Bank of India |
| 6 | Yes Bank |
| Sr. No. | SCSBs eligible to act as Issuer Bank (Customer Bank) |
|---|---|
| 1 | AU Small Finance Bank |
| 2 | Axis Bank |
| 3 | Bandhan Bank |
| 4 | Bank of Baroda |
| 5 | Bank of India |
| 6 | Bank of Maharashtra |
| 7 | Canara Bank |
| 8 | Central Bank of India. |
| 9 | Citibank N.A |
| 10 | City Union Bank |
| 11 | DBS Bank India Limited |
| 12 | DCB Bank |
| 13 | Dhanlaxmi Bank Limited |
| 14 | Equitas Small Finance Bank |
| 15 | GP Parsik Sahakari Bank Limited |
| 16 | HDFC Bank Ltd. |
| 17 | HSBC Bank |
| 18 | ICICI Bank |
| 19 | IDBI Bank Limited |
| 20 | IDFC FIRST Bank |
| 21 | Indian Bank |
| 22 | Indian Overseas Bank |
| 23 | Indusind Bank |
| 24 | Janata Sahakari Bank Ltd |
| 25 | Karnataka Bank Limited |
| 26 | Karur Vysya Bank Limited |
| 27 | Kotak Mahindra Bank |
| 28 | Nutan Nagarik Sahakari Bank Ltd. |
| 29 | Punjab & Sind Bank |
| 30 | Punjab National Bank |
| 31 | Rajkot Nagarik Sahakari Bank Ltd. |
| 32 | RBL BANK |
| 33 | Saraswat Co-operative Bank Limited |
| 34 | South Indian Bank |
| 35 | Standard Chartered Bank |
| 36 | State Bank of India |
| 37 | SVC Co-operative Bank Limited |
| 38 | Syndicate Bank |
| 39 | Tamilnad Mercantile Bank |
| 40 | The Ahmedabad Mercantile Co-operative Bank Limited |
| 41 | The Catholic Syrian Bank Limited |
| 42 | The Federal Bank Limited |
| 43 | The Jammu & Kashmir Bank Ltd |
| 44 | The Kalupur Commercial Co-operative Bank Ltd. |
| 45 | The Lakshmi Vilas Bank Limited |
| 46 | The Mehsana Urban Co-operative Bank Limited |
| 47 | The Surat People's Co-op Bank Ltd. |
| 48 | TJSB Sahakari Bank Limited |
| 49 | UCO Bank |
| 50 | Union Bank of India |
| 51 | Yes Bank |