How to apply for a rights issue in HDFC Bank Net Banking?

You can apply for a rights issue online through HDFC Bank Net Banking using the ASBA facility.

Steps:

1. Log in to your HDFC Net Banking account using your Customer ID/User ID and Password/IPIN.
2. Go to the ‘Request’ tab → select ‘IPO/Rights Issue – New’.
3. Click Continue, enter your Account Number, Name, and PAN, then click Continue again.
4. Choose ‘I want to apply for Rights Issue/Call Money’.
5. Select the company from the list and click Apply.
6. Enter your PAN, DP ID, and number of shares, then click Proceed.
7. Confirm the details — funds will be blocked under ASBA, and you’ll get an Application Number.
8. Save or print the confirmation for your records.

For step-by-step instructions with screenshots, refer Rights Issue Through HDFC Bank.