I could not find any bank firsthand that is allowing it online. Perhaps Canara Bank is though. Anyone here with a Canara Bank account?
Thanks For replying.
OK i understood that i should not do it via someone elseās account.
But now should i visit the SCSBs branch of the bank in which i hold account since the branch in which i have my account is not listed in SCSBs but there are other branches of the same bank in different city which are listed in SCSBs list.
OR can i visit any SCSBs Bank Branch whether i hold an account there or not.
Bank Of Baroda is Listing VIL as RI in there Net banking under the ASBA section.
Hi,
can we just wait for few days to show online under IPO, or visit the branch and hand over the form?
if you only want asba visit any scsb branch and if ok with non asba (cheque application ) send anybody with caf and cheque to designated branches of hdfc or axis bank in your city.
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just to clarify.
So I can visit any SCSBs BAnk branch irrespective of whether i hold an account in those OR should i visit only those SCSBs branch of my Bank in which i hold account.
Little confused, and yes i want ASBA only.
Thanks for helping me out.
Any scsb branch with caf and pan no but personally . this is my understanding.
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Thank YOU
SO now i will visit Bank of Barodaās SCSBs branch in which i donāt have an account because my Corporation bankās (in which i have account) SCSBs branch is not in my city.
ALL THE BEST ! and kindly provide your feedback because somehow one doesnāt feel pleasured after visiting a nationalised bank ! !
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@tgb: i just read that ā¦SEBI has permitted ASBA on rights issue on a PILOT BASIS if
(a) if applied through a bank account maintained with SCSBS.
(b) hold dematted shares only . no physical shares .
Ā© has not renounced in part or full .
(d) not a renouncee or shareholder who has renounced part.
SO still many things are not clear as the process is on PILOT BASIS .also please pay attention to point (a).
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So this means i canāt go to other SCSBs if i donāt have an account there.
It has to be either my bank or other branches of my bank.
YES it is as per this article .some how lot of issue with asba and online application in rights . as the article itself says sebi has permitted in Rights on pilot basis ,hope things get sorted out soon as there is rights of Bharat gear next week and after that Bharti airtel rights .
Hi @sabkaview @MohitBangalore ,
I am outside India and canāt apply by filling the form and attaching the Cheque. My father does has the Demat account Can he use my CAF form and buy the rights issue shares in his account? If required, i can write an letter to acknowledge the same and he can attach it to his application? Is it possible?
Regards,
Ganesh
Seems like the answer is YES, there is no online process to buy the shares via Rights issue. None of the banks have that facility made available under IPO section after i have verified logging into my SBI/ICICI portals and after reading this thread that no one could able to complete the process Online.
Everyone is advising to fill the form and attach the cheque and submit in the branch/Courier to the SCSB Banks. Isnāt it @MohitBangalore @sabkaview ?
demat account is compalsary ,right?
i have a sb account in syndicate bank
and currently imholding 50 shares of idea
Bank of Baroda is offering it online via ASBA in their net banking, i can confirm that as i have seen VIL listed in BoBās net banking under ASBA
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The simplest way right now seems to be form plus cheque/asba. Did anyone get an email from the RTA? I got my form physically delivered. One can also get the form online, but ideally an email should have been sent by them.
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demat account is not compulsory if you are using NON ASBA , many still hold physical shares.
Your father got CAF which is of your name . no issue . he can attach his cheque and buy the shares on your name which will be credited directly in your demat .do not do asba through this method.
you can also renounce your entitlement in his favour by filling part B and he can apply as renouncee in part C of caf.
now the moot question : since you are not in India who will sign the application form be it your own application or as a renouncer ?