Centralized Application Supported by Blocked Amount (C-ASBA)
Goodwill Finance has started ASBA (Application Supported by Blocked Amount) services from its Head office and all branches effective from February 28, 2017. Under ASBA, the applicants' money for any issue is debited from their bank accounts only after the applicant has been selected in process. By connecting all banks and financial institutions that offer ASBA-related services, as well as DMAT accounts, C-ASBA establishes a central system that enables share registrars and issue managers to confirm the information provided by applicants for securities issuance. To make it easier for our clients from every branch to invest in IPOs and FPOs of different firms, we have launched the C-ASBA service. To utilize this service, simply visit any nearby Goodwill Finance branch and complete the C-ASBA form.