i would like to know the procedure to pay for IPO. generally most of the users are low salaried professionals. and their savings account has limit for UPI transactions say like 40000 per day.
now my question is if i want to apply for any IPO more than 2 lakh rupees . how payment will be done in that case.
can you please elaborate on the procedure of payment and additionally let me know what is the possibility of getting the IPO if my budget is above 2 Lakhs.