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Can NRI apply for IPO online with IIFL?

Yes, likewise residents, NRI customers are allowed to invest in IPOs online with IIFL. If you are an NRI and opened IIFL NRI trading and Demat account then you can apply for IPO online. Notably, NRI customers can invest in IPO only through ASBA (Applications Supported by Blocked Amount) or the net banking route.

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