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How to apply in IPO through ICICI bank for minor account holder?

The ICICI Bank Online IPO Application is only for resident individuals who are ICICI Bank Net-Banking customers. The IPO applications are not allowed on behalf of a Minor.

A Minor bank account holder doesn't have access to net-banking. It is operated online using the customer ID of the guardian. Minor doesn't get a net-banking User ID or customer ID.

IPO Application Process for Minor via ICICI Bank

To apply for an IPO through an ICICI Bank minor account:

  1. Open a minor savings and demat account with ICICI Bank (guardian-operated).
  2. Log in to ICICI Bank Net Banking.
  3. Go to Investments → IPO → Apply IPO via ASBA.
  4. Fill IPO details and apply using funds from the minor’s bank account.
  5. The payment is processed directly through net banking, without a third-party gateway.

Eligibility: Children below the age of 18 years

Documentation:

  • Identity proof and address proof of the Guardian
  • Photograph of the Guardian
  • PAN card of Guardian
  • Age proof of the Minor
How to apply in IPO through ICICI bank for minor account holder?