UPI ASBA supported apps and banks for IPOs

Sun, 21 Jun 2026 00:00:00 +0000

UPI ASBA for IPOs runs on a published list of approved apps and banks maintained by the National Payments Corporation of India (NPCI), the operator of the Unified Payments Interface , under SEBI’s framework for blocking application money in the bidder’s own account. An IPO bid on UPI works only when two conditions hold at once: the app you use can carry the IPO block mandate, and the bank behind your UPI ID is live on NPCI’s IPO partner list. This article sets out which apps and which banks qualify, the two distinct bank roles, the per-transaction limit, and how to check the current list before a time-sensitive bid on Zerodha Kite .

UPI Apps on WebNotes

UPI ASBA supported apps and banks for IPOs