How to apply for an IPO in Bajaj Finserv without UPI?

You could use the net-banking facility from your existing bank to apply in an IPO if you do not want to make payment using UPI.

This facility just required 'Demat Account Number' from Bajaj Finserv. While applying in an IPO using net-banking website or app (provided by your bank like ICICI or HDFC), you will have to fill your demat account number with Bajaj Finserv. The allocated shares are automatically deposited in your Bajaj Finserv demat account and are available for sale on the listing day.

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