Is there a limit on amount of funds that I can transfer to my trading account?
No, you can transfer any amount of funds to the IIFL Trading account.
However,depends on the mode of Payment you use to transfer funds.
- For UPI, the transaction limit is 1 Lakh/day and there could be limitations depending on your bank.
- For NetBanking and IMPS/NEFT/RTGS Transactions, the amount limit varies from bank to bank.
How can I transfer funds to my ledger?
Follow the below steps to add funds in the ledger: Click on the 'Funds' icon in the main bottom menu. Click on 'Add Funds' button. Enter the amount and select the preferred mode of payment under Payment options. You can also add a New Bank to add ...
Why I am unable to add funds via NetBanking?
We are sorry that you're facing issues while transferring funds, it may be due to one of the following reasons: You're trying to add money from a bank account which is not linked to IIFL Demat Account. You could be entering incorrect credentials on ...
How can I withdraw funds?
Click on the funds button in the bottom menu. Click on withdraw button. Enter the amount and select a bank account out of the registered banks. Then Click on withdraw amount to submit the request.
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 - Upto 4 hours
How can I add funds via UPI?
Follow the below steps to add funds via UPI: Click on the 'Funds' icon in the main bottom menu. Click on the Add funds button. Enter the amount and select the option of your choice between different UPI apps or Enter UPI ID. Follow the subsequent ...