What does this partnership between Quicko and India Infoline (IIFL) mean for IIFL customers?

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• What are the benefits for IIFL Traders to file ITR with Quicko?

  With Quicko you can file your tax returns online in a simple, hassle-free, paperless manner. It is easy, convenient and online.

• Should I be an IIFL customer to invest globally?

  No, IIFL Securities is allowing both IIFL and non- IIFL customers to invest in global markets through global investing platform

• Who is eligible to open a demat account with IIFL Securities?

  Below are the categories of personnel eligible to open a Demat account in India- Resident individuals Non-resident individuals. Hindu Undivided Families (HUFs) Partnership firms Companies

• Which are the Depositories in India?

  There are two Depositories in India and they are as below: >Central Depository Services (India) Limited (CDSL) Promoted by BSE, BOI, BOB, SBI and HDFC Bank >National Securities Depository Limited (NSDL) Promoted by UTI, IDBI and NSE

• Can IIFL square off If I have any position in equity and scrip moving towards upper freeze or lower freeze ?

  Yes. Reason for doing square off of short position is to avoid short delivery in the exchange and to avoid auction penalty. IIFL tries to square off short positions of non derivative scrips before price on the upper side. There might be chances that ...