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Upi mandate issues

Bhuvan March 2, 2020, 10:46am 15

Update on the UPI isues

IPO - UPI mandate issues IPOs

You may face the following UPI mandate issues when applying for an IPO: Mandate request not received - You have time until 12 PM on March 6, 2020 to receive and accept the mandate. On submission of an IPO application, the mandate collect request is supposed to be sent by the Sponsor Bank (banker to the issue) in real time. You may have to wait up to the end of the day to receive the mandate collect request due to delays from the Sponsor bank. Mandate request declined by the bank - You should …

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