Can I transfer funds through debit/credit card to my ledger?

• Related Articles

• What is the meaning of entry passed in the normal ledger - Funds margin for BMFD positions entry as Debit / Credit ?

  It is nothing but Cash Collateral margin getting Debit / Credit in the ledger.

• When does Funds margin for BMFD positions entry passed in ledger as Debit / Credit?

  1. To collect the margin against funding, we do Earmarked available pledge stock in the holding. If there is no stock available, then clients have to pay the margin so the same getting debited in the ledger this is also called Cash collateral margin. ...

• How long does it normally take for funds to reflect in my Ledger ?

  If you transfer the funds from your IIFL linked bank account, the amount will get credited in the ledger based on the mode of payment: 1) UPI - Instantly 2) NetBanking - Instantly 3) NEFT/RTGS - Within1 hour

• Is it mandatory to have a ledger balance to transfer shares from one account to another?

  Yes, to transfer shares from one account to another, DP bill charges apply. Therefore, clients need to maintain sufficient funds in their ledger account to cover the DP charges. You can check the DP charges for a client in AAA under their profile.

• What is the process to transfer funds in Only Demat A/c?

  In case funds are to be transferred towards charges for a Only DP a/c same can be transferred in below mentioned bank a/c. However ensure funds are transferred from bank a/c which is mapped in clients DP a/c. Further at the time of enquiring for a ...