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When is the application amount blocked for applying for IPO is released in SBI bank?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

The blocked application amount is released on the next working day of finalization of allotment.