Can I apply for IPO using bank of somebody else

I want to apply for IPO using my family member broker/demat account, but I want to fund it myself using bank account under my name. Broker is Zerodha in my case and bank is HDFC.

Which methods works in this case?
A) UPI
B) ASBA

You will get mismatch after applying.
Ensure that 1 APPL per pan holder from broker or ASBA with account linked to that PAN.
Zerodha UPI will anyway send a Request/collect mandate to upi linked to holder’s account anyway.

You will have to transfer the money to that members bank account.

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Ok thanks.

The demat and bank account you use for applying for IPO should be in your name. Application from a third-party account will be rejected.

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