{"id":5069,"date":"2024-09-30T11:24:03","date_gmt":"2024-09-30T11:24:03","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=5069"},"modified":"2024-10-03T06:59:35","modified_gmt":"2024-10-03T06:59:35","slug":"make-larger-debt-ipo-bids-with-upi-now-up-to-%e2%82%b95-lakh","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/make-larger-debt-ipo-bids-with-upi-now-up-to-%e2%82%b95-lakh\/","title":{"rendered":"Make Larger Debt IPO Bids with UPI: Now Up to \u20b95 Lakh!"},"content":{"rendered":"

A New Era of Seamless Investing<\/span><\/h3>\n

There\u2019s something inherently exciting about investing in IPOs \u2013 the opportunity to be a part of a company’s journey right from its initial offering! It\u2019s a chance for you to diversify your portfolio, and in today\u2019s 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.<\/span><\/p>\n

Starting November 1, 2024, investing in IPOs will be a breeze, with SEBI allowing UPI-based applications for amounts up to \u20b95 lakh. Whether it\u2019s 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.<\/span><\/p>\n

What\u2019s New?<\/strong><\/span><\/h2>\n

Effective from November 1, 2024, SEBI mandates that individual investors applying for IPOs and other public issues up to \u20b95 lakh must now use UPI (Unified Payments Interface). This move significantly simplifies the process, making it quick, efficient, and user-friendly.<\/span><\/p>\n

Why UPI?<\/span><\/strong><\/h2>\n

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.<\/span><\/p>\n

How to Apply Using Paytm Money:<\/span><\/strong><\/h2>\n
    \n
  1. Open Paytm Money App<\/b>: Head to the \u201cBonds\u201d section.<\/span><\/li>\n
  2. Select Bond IPOs<\/b>: Navigate to the \u201cInvest in Bonds\u201d section and pick your preferred IPO.<\/span><\/li>\n
  3. Apply Now<\/b>: Tap on the \u201cApply Now\u201d button on the IPO details page.<\/span><\/li>\n
  4. Enter UPI ID<\/b>: Enter your bank account-linked UPI ID.<\/span><\/li>\n
  5. Confirm Mandate<\/b>: Swipe to create a UPI mandate and submit your application.<\/span><\/li>\n<\/ol>\n

    Alternative Payment Methods<\/strong><\/span><\/h2>\n

    While UPI is the recommended method for transactions up to \u20b95 lakh, you still have other options such as Self-Certified Syndicate Banks (SCSBs) and stock exchange platforms.<\/span><\/p>\n

    How Does This Affect You?<\/span><\/strong><\/h2>\n