What is the Impact of approved stock as on 31.08.2024 will be considered as non-approved stock from 01.08.2024 ?

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• What is the Impact of approved stock as on 31.08.2024 will be considered as non-approved stock from 01.08.2024 ?

  1 IIFL category will be Z 2 Margin benefit shall be given as below on repledged stocks Month Applicable haircut From August 01, 2024 40% or VAR whichever is higher From September 01, 2024 60% or VAR whichever is higher From October 01, 2024 80% or ...

• Will I be able to use an approved CTCL terminal from a non-approved location or home?

  No, if the geo tagged location is in mismatch with the actual location. User will not be able to use the approved CTCL, one has to be at the registered address

• Will all stock bought as BNPL be considered for the funding?

  No.. Funding is allowed only in the stock available in the list of Group 1 securities (IIFL E A B C D) published by exchange every month. The same must be bought in NSE only and no funding will be allowed if stock is bought in BSE.

• If client bought a stock, when will it be visible in the Holdings?

  After client buy a share, it will take T+1 day to be visible in client's Holdings. Till then, it will be visible in client's Positions tab.(Eg, if client buy a stock on Monday, it should reflect in client's Holdings on Tuesday) Note: Client's shares ...

• If clients securities are pledged in favour of IIFL for margin, will it impact corporate actions on those shares?

  As in the Margin Pledge process the stocks are lying in client's own demat account, client will get all the corporate benefits announced, like dividends, etc.