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Why was my application rejected by the bank?

Rejection of an IPO application may happen due to:
  • Insufficient funds in the bank account linked to the entered UPI ID.
  • The entered UPI ID belongs to a third person.
  • The entered UPI ID is incorrect.
  • Declined UPI request on the UPI app.
  • Failures in the UPI app or your bank.
  • Failures at the IPO sponsor bank that sends the mandate.
  • Other incomplete requirements.
Please ensure you meet all the requirements to avoid application errors. Read our blog to know more about these requirements.
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