In the case of clients who
have opted for fixed deposit from the ledger, any unutilized margin on the day
of settlement payout will lead to liquidation of the FDR. The interest rate
will be reduced based on tenor, and a prematurity penalty will be applicable.
In case you have any unused funds, they will be transferred to your
registered bank account. Use the IIFL Markets app to add funds back to your
account to avoid any cash shortfall penalties and experience a seamless trading
process.