Suggest bank account for HUF

[yolofino]

Hey friends, is there any private bank account that allows online ASBA facility for IPO applications in the HUF name? Any way to have that as a zero balance account?

Some banks have online ASBA facility but they show Karta's PAN so it's useless for ipo applications. HDFC does that.

My individual savings account are with HDFC, IDFC, Equitas and AU SFB. IDFC doesn't allow online ASBA for HUF. Not sure about others.

Also, do banks provide debit card for HUF accounts?

What about UPI?

 

[FinanceBaBa]

Hey friends, is there any private bank account that allows online ASBA facility for IPO applications in the HUF name? Any way to have that as a zero balance account?

Some banks have online ASBA facility but they show Karta's PAN so it's useless for ipo applications. HDFC does that.

My individual savings account are with HDFC, IDFC, Equitas and AU SFB. IDFC doesn't allow online ASBA for HUF. Not sure about others.

Also, do banks provide debit card for HUF accounts?

What about UPI?

With HDFC you can avail ASBA facility for HUF

 

[yolofino]

With HDFC you can avail ASBA facility for HUF

Ohh. I read an old comment in a forum (pre-2021) that HDFC doesn't allow HUF for ASBA. May be it has changed.

Do you have HUF and apply using ASBA in netbanking?

 

[yolofino]

Read somewhere that SBI allows online ASBA for HUF accounts.

 

[FinanceBaBa]

Ohh. I read an old comment in a forum (pre-2021) that HDFC doesn't allow HUF for ASBA. May be it has changed.

Do you have HUF and apply using ASBA in netbanking?

Yes I do have..

 

[FinanceBaBa]

Read somewhere that SBI allows online ASBA for HUF accounts.

Not sure about it..