Make Larger Debt IPO Bids with UPI: Now Up to ₹5 Lakh!

A New Era of Seamless Investing

There’s something inherently exciting about investing in IPOs – the opportunity to be a part of a company’s journey right from its initial offering! It’s a chance for you to diversify your portfolio, and in today’s fast-paced financial landscape, the process is evolving to become even more accessible. But as thrilling as IPO investing is, the complexities can be daunting for many, especially when it comes to funding the application. Imagine a world where your funds are blocked instantly with just a few taps, making your investing experience smoother than ever before.

Starting November 1, 2024, investing in IPOs will be a breeze, with SEBI allowing UPI-based applications for amounts up to ₹5 lakh. Whether it’s debt securities, non-convertible redeemable preference shares, municipal debt securities, or securitized debt instruments, Paytm Money makes the process as smooth as possible for individual investors like you. Let’s explore how you can simplify your IPO journey with UPI, empowering you to take control of your investments.

What’s New?

Effective from November 1, 2024, SEBI mandates that individual investors applying for IPOs and other public issues up to ₹5 lakh must now use UPI (Unified Payments Interface). This move significantly simplifies the process, making it quick, efficient, and user-friendly.

Why UPI?

UPI is a secure and real-time payment method, eliminating delays and ensuring instant fund blocking. By streamlining payments through UPI, SEBI aims to make the IPO application process hassle-free for all investors.

How to Apply Using Paytm Money:

Open Paytm Money App: Head to the “Bonds” section.
Select Bond IPOs: Navigate to the “Invest in Bonds” section and pick your preferred IPO.
Apply Now: Tap on the “Apply Now” button on the IPO details page.
Enter UPI ID: Enter your bank account-linked UPI ID.
Confirm Mandate: Swipe to create a UPI mandate and submit your application.

Alternative Payment Methods

While UPI is the recommended method for transactions up to ₹5 lakh, you still have other options such as Self-Certified Syndicate Banks (SCSBs) and stock exchange platforms.

How Does This Affect You?

Speed & Convenience: Using UPI reduces application time, allowing you to invest with just a few taps.
Real-Time Fund Blocking: No more waiting! Your funds are blocked instantly, making the process smoother.
Accessibility: Whether you’re a new or seasoned investor, UPI simplifies the process, opening up opportunities for everyone.
Flexibility: Prefer another method? No worries! You still have other payment options available.

This latest move by SEBI will modernize the IPO application process by leveraging UPI’s ease of use and security. At Paytm Money, we are committed to making investing more accessible, and this update is yet another step in that direction.

Looking for more ways to diversify your investments?

If bonds are on your radar, we’ve got just the resources for you! Check out these must-read blogs to elevate your knowledge and make informed decisions:

Everything You Need to Know About Bonds: Explore the fundamentals of bonds and how they offer consistent returns.
7 Things You Need to Know About a Bond Before You Invest: Perfect for those looking to enter the bond market, this blog covers the essential points you should know.
Will I Be Able to Sell My Bonds?: Learn about bond liquidity and how to manage your investments effectively.

Stay informed and take control of your financial future.

Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purpose only and in no way to be considered as an advice or recommendation. Opening of account will not guarantee allotment of shares in IPO. Investors are requested to do their own due diligence before investing in any IPO. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532, Depository Participant – IN – DP – 416 – 2019, Depository Participant Number: CDSL – 12088800, NSE (90165), BSE (6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For complete Terms & Conditions and Disclaimers visit: https://www.paytmmoney.com/stocks/policies/terms.