Applying through ASBA facility has the following advantages:
(i) The investor continues to earn interest on the application money as the same
remains in the bank account.
(ii) The investor does not have to bother about refunds, as in ASBA only that much
money to the extent required for allotment of securities, is taken from the bank account
only when his application is selected for allotment after the basis of allotment is
For any additional information please call us: 080 – 68 24 84 94
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KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.