Can minor clients be onboarded digitally?
Yes, the new system supports the digital onboarding of minor clients.
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What is the minor name change process?
The following self-attested documents are required: Minor Name Change Form KRA Form PAN Card copy Aadhaar Card copy Additionally, these documents must be stamped with the RM IPV (In-Person Verification) stamp. Please note, a minor name change refers ...
How client can appoint a minor as a Nominee?
In case nominee is minor, name and address of the guardian of the minor nominee shall be provided by the beneficial owner. Copy of birth certificate of minor also needs to be submitted. Below mentioned documents needs to be submitted for Guardian:- ...
Can all clients of IIFL avail Mutual Fund SIP facility?
Yes, all active clients can avail the Mutual Fund SIP facility.
What are the key features of the new onboarding process?
• Digital Onboarding: Clients can be onboarded completely digitally if they select the Digital Journey. No signature upload is required if the bank account is verified through a penny drop. • Physical Journey: If the client selects the Physical ...
Can all clients of IIFL avail VTD facility?
Yes. All online existing and new clients of IIFL who are eligible to trade in Equity Cash product can avail VTD facility for order placement.