How fixed deposit from ledger will be treated?
In case you have opted for fixed deposit from ledger, any unutilized margin on the day of settlement payout will lead to liquidation of fixed deposit. Interest rate will be reduced based on tenor and Prematurity penalty will be applicable.
Related Articles
Is NCD a Share or a fixed deposit?
NCD is neither a share nor fixed deposit. It is similar to fixed deposit in the sense that, the return and tenure is fixed.
How client can access ledger report?
Client can access ledger report on following below steps - Through IIFL Mobile App: 1.Login to Mobile app 2.Select My Reports. 3.Select Bills . 4.Select Ledger 5.Client will be able to access the ledger report. Clients can customize duration for the ...
How client can check previous ledger details?
Client can access the ledger report by following these steps - Through IIFL Mobile App: 1.Login to Mobile app 2.Select My Reports. 3.Select Bills . 4.Select Ledger 5.You will be able to access ledger report. You can customize duration for the report ...
Where client can find my ledger/funds history?
Guide client to Click on the Funds icon in the main bottom menu. Click on Funds dropdown button once client is in the Funds section. Click on View Ledger button located at the bottom of the Funds dropdown menu. Client will be able to find the ...
When will funding be reversed and debited to a normal ledger?
a. Not authenticated OTP b. Place release request for funded stock c. Funded stock sold d. Funded stock moved to Z category. e. BTST done (Buy today and sell tomorrow). Full quantity will be reversed even part sold on T+1. d. Corporate Action in the ...