Only the sub-syndicates which have presence in the 12 centers namely Mumbai, Chennai, Kolkata, Delhi, Ahmadabad, Rajkot, Jaipur, Bangalore, Hyderabad, Pune, Baroda and Surat can accept ASBA Forms.
Secondly, these sub-syndicates have the option of submitting the ASBA Forms only with the 18 banks mentioned in the link
http://www.sebi.gov.in/pmd/scsb-asba.html. The details of branches of the banks for submitting ASBA forms are also provided in the link.
Thus, a sub-syndicate cannot accept a bid, where the bank account to be blocked is of a bank which is not named in the list of 18 banks.
Sl. No. | Name of the bank | For Details of Branches for submitting syndicate / sub syndicate ASBA forms |
1. | HSBC Ltd. | |
2. | ICICI Bank Ltd. | |
3. | Union Bank of India | |
4. | Kotak Mahindra Bank Ltd. | |
5. | State Bank of India | |
6. | HDFC Bank Ltd. | |
7. | State Bank of Hyderabad | |
8. | J. P. Morgan Chase, Bank, N.A. | |
9. | Nutan Nagarik Sahakari Bank Ltd | |
10. | Indian Overseas Bnak Ltd. | |
11. | Bank of America N.A. | |
12. | Tamilnad Mercantile Bank Ltd. | |
13. | Karur Vasya Bank Ltd. | |
14. | The Kalupur Commercial Co-operative Bank Ltd. | |
15. | Yes Bank Ltd. | |
16. | Punjab National Bank | |
17. | Indusind Bank Ltd. | |
18. | The Lakshmi Vilas Bank Ltd. |
