modes through which I can place fund payout request

What are the modes through which I can place fund payout request ?

You can place fund payout request via following modes -

1. Electronic / Online Fund Transfer:

For online funds transfer, IFSC code needs to be updated in your account.

If you are choosing online funds option, then funds gets credited in your bank account within 24 hours considering that the request is placed by you before 8.30 a.m. on a working day


Please follow below process for placing online funds payout request -

IIFL Markets App -

> Login to IIFL Mobile App

> Go to Funds Option at the bottom of the Page

> Go to Transfer Option=>Select Fund Pay Out and enter the amount

and Select Bank

> Enter Remark and click on Payout

> You will receive a token number at the end of this process.


TTWeb -

> Login to ttweb.indiainfoline.com » Click on Fund Transfer » Click on Fund Payout

> Enter amount you wish to withdraw/transfer to your Bank Account

> Select the Fund Pay mode as, "Electronic Fund Transfer"

> Select Bank name from the list of banks mapped to your account where you want this amount to be credited

> Enter Remark and click on Payout

> You will receive a token number at the end of this process.


2. Cheque :

> Login to TTWeb or IIFL Markets App » Click on Fund Transfer » Click on Fund Payout

> Enter amount you wish to withdraw/transfer to your Bank Account

> Select the Fund Pay mode as, "Cheque through HDFC Bank"

> Select Bank details from the list of banks mapped to your account where you want this cheque to be encashed

> Enter Remark and click on Payout

> Select Pay & Print location

You will receive a token number at the end of this process.