What is the rate of interest and how will the interest be paid?

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• What is NCD coupon rate?

  Coupon rate is the rate of interest paid by bond issuers on the bond's face value. It is the periodic rate of interest paid by bond issuers to its purchasers. The coupon rate is calculated on the bond's face value (or par value), not on the issue ...

• How fixed deposit from ledger will be treated?

  In case you have opted for fixed deposit from ledger, any unutilized margin on the day of settlement payout will lead to liquidation of fixed deposit. Interest rate will be reduced based on tenor and Prematurity penalty will be applicable.

• What is the success rate of our APIs?

  We have a 99.9% success rate for our APIs.

• What will happen in case there is a corporate action happening in the scrip in which I have placed VTD order and order is still valid?

  If a corporate action is announced in any scrip then such scrip will be disabled by IIFL for VTD overnight order placement on your behalf from Ex Date minus 1 day till Record date. If your VTD order in such scrip is still valid then your orders in ...

• When will I receive credit of funds?

  Funds get credited in your registered bank account in 24 hours considering that the request is paid by you before 4.00 p.m.