Creating a UPI ID for an IPO is a simple, one-time digital process. To set it up:
- Download an NPCI-approved UPI application on your smartphone.
- Register using the mobile number linked to your bank account.
- Select your bank and add your account details.
- Set a unique UPI ID and create a secure UPI PIN using your debit card details.
Once generated, you can use this UPI ID in your IPO application to block funds for your bid. Ensure your bank and the application are live for IPO transactions.