However, Global IME Bank has recently launched a new feature in its mobile banking app that allows you to find or generate your CRN in just one or two minutes. Here is a comprehensive guide on how to do it yourself.
Why You Need Your CRN ?
Your CRN is a unique code that links your bank account to your Demat account for ASBA (Applications Supported by Blocked Amount) purposes. Without it, you cannot authorize the bank to block funds for share applications.
Method 1: Generating Your CRN for the First Time
If you haven’t registered for ASBA through the mobile app yet, follow these steps:
1. Log In: Open your Global IME Bank mobile banking app and enter your ID and password.
2. Navigate to the Hub: On the main dashboard, tap the "Hub" icon (located behind the card icon).
3. Find the IPO Section: Scroll to the bottom and select "Apply IPO" under the Investment category.
4. Enter Demat Details: Click "Continue" and enter your 16-digit Demat account number.
5. Accept Terms: Tick the box for "I agree to the terms and conditions" and click "Continue".
6. Verify Information: The app will display your name, account number, and branch. If correct, click "Continue".
7. Authentication: Enter your mobile banking PIN or use your fingerprint to authorize the request.
8. Success: You will see a message saying "ASBA Registration Successful." Your CRN number will be displayed on this screen.
Pro Tip: Screenshot or note down your CRN immediately, as it is only displayed once during this initial registration process.
Method 2: How to Recover a Forgotten CRN
If you have already registered but forgot your number, you don't need to panic or visit the bank. You can view it again through the app, but there is one condition: there must be an active IPO currently open for application.
1. Go back to the "Hub" and select "Apply IPO".
2. Choose any active IPO from the list (e.g., a current hydro or bank IPO) and click on it.
3. Click "Apply" or "Apply Share".
4. The next screen will automatically show your registered CRN number.
5. Copy or screenshot the number for your records.
Important Things to Remember
No Bank Visit Required: This feature is designed so you don't have to call or visit the bank, saving you time.
Dual Platforms: You can apply for shares directly through the Global IME app or take this CRN to the Mero Share website/app. However, do not apply for the same IPO on both platforms simultaneously.
Availability: You can only view your forgotten CRN during an active IPO window; otherwise, the "Apply" button will not be accessible.
By following these simple steps, you can manage your share investments entirely from your smartphone. Happy investing!
0 Comments