What is the YES Bank E Collect facility?
For any funds transferred in YES bank E collect A/c , the credit gets auto updated in the client ledger. The credit for any NEFT transaction takes approx 30-45 minutes to reflect in Beneficiary Bank A/c post the execution and IMPS/RTGS can take approx 15- 20 Minutes to reflect in Beneficiary Bank A/c. Hence kindly raise a query for the same to credit query team vide CRM accordingly. Ensure the funds are transferred only from trading a/c mapped bank account. For any transaction less than Rs 1 lakhs if transferred from a non mapped bank account the auto refund would happen to the remitters bank details. For an NEFT transaction the returns happen on the transaction day itself however for an IMPS transaction the return would take place within 4-5 working days as per banking TAT.
Related Articles
What is the YES Bank E Collect facility?
For any funds transferred in YES bank E collect A/c , the credit gets auto updated in the client ledger. The credit for any NEFT transaction takes approx 30-45 minutes to reflect in Beneficiary Bank A/c post the execution and IMPS/RTGS can take ...
What is E Collect Facility ?
We currently hold E collect facility with below 2 Banks only and the details are as below: For ICICI Bank - Beneficiary Name- IIFL Securities Ltd., IFSC Code - ICIC0000106. Beneficiary Account Number - IIFLEQ followed by your Client Code. E.g. If ...
What is E Collect Facility ?
We currently hold E collect facility with below 2 Banks only and the details are as below: For ICICI Bank - Beneficiary Name- IIFL Securities Ltd., IFSC Code - ICIC0000106. Beneficiary Account Number - IIFLEQ followed by your Client Code. E.g. If ...
What is E DIS facility ?
Electronic Delivery Instruction Slip or eDIS is a facility which allows you to sell shares when you have not submitted your Power of Attorney (POA). Please note: You can only sell the stocks you are holding in your linked Demat account. You may ...
Can all clients of IIFL avail Mutual Fund SIP facility?
Yes, all active clients can avail the Mutual Fund SIP facility.