What are the eligibility criteria of ASBA?

• You have to satisfy the following eligibility criteria to be fit for ASBA application process: 

1. 1. One should be an Indian residential investor. 
   2. have a PAN Card 
   3. have valid Demat account. 
   4. have sufficient bank balance 
   5. a bank account with a Self-Certified Syndicate Bank.
   6. should not bid under any of the reserved categories. 
   7. You need to agree to the terms and conditions of not altering a bid.
   8. You have to bid at cut off, which means a single option of number of shares to bid for.