Anyone with 2-in-1 means demat and trading account with Zerodha can apply in LIC IPO at zero charges. To apply LIC IPO with Zerodha, firstly you have to create a one-time UPI ID on any UPI 2.0 enabled app and then follow these steps;
Steps to buy LIC IPO Zerodha:
- Login with Zerodha account and head to “console”
- Go to the “IPO” option and select “LIC IPO”
- Enter bid details like price, quantity, and UPI ID.
- Accept the UPI mandate request on BHIM App. Once done alarms that you have successfully applied for IPO. The blocked money will be debited or credited as per the LIC IPO Allotment Status.