What is the maximum amount I can transfer to my Investment Account?
If you’re investing from India, under RBI’s Liberalized Remittance Scheme (LRS) you are allowed to invest up to $250,000 every year
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 ...
What is the minimum and maximum limit for investment?
The Bonds are issued in denominations of one gram of gold and in multiples thereof. Minimum investment in the Bond shall be one gram with a maximum limit of subscription of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF), and 20 kg for ...
Is my investment account protected?
Your investing account is created with our U.S. brokerage partner DriveWealth. DriveWealth LLC, a member of the Securities Investor Protection Corporation (SIPC), will serve as the custodian for your securities account. In the event that DriveWealth ...
How running account amount is calculated before releasing the final payout?
In case you have any open position on first Friday of the Month / Quarter on which settlement of running account of funds is scheduled, IIFL may retain funds calculated in the manner specified below: Outstanding pay-in obligation/Debit balance at the ...
When will the running account amount be settled?
If you have opted for Monthly settlement, running account shall be settled on first Friday of each month. If you have opted for Quarterly settlement, it will be settled on the first Friday of every Quarter. If the first Friday is a trading holiday, ...