The services performed by the Depository Participant are listed below: Account Opening & Maintenance Dematerialization of Securities & Mutual Funds Rematerialization of Securities & Mutual Funds Transfer of Securities & Mutual Funds Pledging / ...
Securities/ Commodity transaction tax (STT/CTT) is a direct tax, similar to TCS or TDS, levied by the govt. for transactions executed on any recognized exchange in India. STT is charged at 0.1% on both buy and sell side turnover of equity delivery ...
Excess securities (in the form of margin pledge/re-pledge) with a trading member (TM), clearing member (CM), or clearing corporation (CC), after adjustment of the 225% of the margin liability, need not be unpledged for the purpose of periodic ...
IIFL accept listed equity, Open ended Mutual funds (subject to IIFL scrip categorization). Collateral stock, Fixed Deposits and Bank guarantee are accepted for the derivative segment SPAN margin.