If you apply using the ASBA form you will get the following benefits: No loss of interest, since the application amount is not debited to the Savings Account on application The amount for which no shares have been allotted is available immediately on completion of allotment process. There is no need to wait for the amount to be refunded by the company Since the amount is available in the Account, it is considered for calculation of the Average Quarterly Balance (AQB) Simplified form filling process and you can apply online through NetBanking View more