How to approve a UPI IPO mandate on Google Pay

Tue, 12 May 2026 00:00:00 +0000

When you submit an IPO bid through Zerodha or any SEBI-registered broker, the sponsor bank for that issue sends a UPI mandate request to the UPI app linked to your VPA (Virtual Payment Address). If your UPI handle is registered on Google Pay, the mandate appears in the Requests tab of the Google Pay home screen. Authorising it places a lien (block) on your bank account, which is what makes the IPO bid valid. This guide covers the complete Google Pay mandate approval flow.

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How to approve a UPI IPO mandate on Google Pay