CUB ASBA: Invest or subscribe for IPOs/ FPOs/Right’s issue



 

  • ASBA stands for Application supported by Blocked Amount
  • You can invest or subscribe for IPOs/ FPOs/Right’s issue with your funds in CUB account
  • The available share issues are displayed and user can link their demat account with CUB or from other bank and subscribe in few clicks
  • If allotted, the funds are utilized towards subscription and share credits are issued to the demat account directly
  • If not allotted, Funds are released back into the Savings account
  • Option available on CUB Net Banking, Mobile Banking or at the branch

Last Updated on: 14-07-2022 02:44:38 AM

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