- 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
