How to Apply Online for LIC IPO?
One can apply for IPO through both offline and online modes.
Here is how you can apply for LIC IPO online. But before you go any further. Note that it is necessary
to have a Demat account to invest in an IPO.
How to Apply for LIC IPO Online Using Paytm Money
7 steps to apply for LIC IPO
Step 1:
First of all log in to the Paytm Money app and complete digital KYC for shares.
Step 2:
Once your details are verified and the Demat account is created, click on the IPO section available on the home screen.
Step 3:
You will see a list of past and upcoming IP0s, there look for LIC IPO.
Step 4:
Now add the quantity, amount, and other details to the bid. Specifically, a maximum of 3 bids are allowed.
Step 4:
Now add the quantity, amount, and other details to the bid. Specifically, a maximum of 3 bids are allowed.
Step 5:
Now enter your UPI ID to block your highest bid funds. Once done, you will receive a mandate for the same on your UPI app.
Step 6:
Accept the mandate and the application will be successfully submitted.
Step 7:
Once the allotment is done, you will be informed about the status of your Life Insurance Corporation (LIC) IPO allotment.