How will the interest be calculated?
Interest
will be calculated on funded value, i.e., MTF Purchase Value – Maintenance Margin.
Any margin calls, including daily MTM collected during the tenure (apart from
the maintenance margin), will not be adjusted against the funding value.
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How DPC is being calculated for Trading Balance ?
1. DPC will be calculated on clear trading ledger debit balance considering unsettle Cash & FO bills 2. SPAN debit will be adjusted up to the collateral benefit. If IIL Debit 100000, SPAN 125000, Collateral 90000 then net debit would be 10000 & if ...
What is the rate of interest and how will the interest be paid?
The Bonds bear interest at the rate of 2.50 per cent (fixed rate) per annum on the amount of initial investment. Interest will be credited semi-annually to the bank account of the investor and the last interest will be payable on maturity along with ...
Circular Number:11-11-2025
Measures for Enhancing Trading Convenience and Strengthening Risk Monitoring in Equity Derivatives
How running account amount is calculated before releasing the final payout?
In case you have any open position on first Friday of the Month / Quarter on which settlement of running account of funds is scheduled, IIFL may retain funds calculated in the manner specified below: Outstanding pay-in obligation/Debit balance at the ...
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.