When does Funds margin for BMFD positions entry passed in ledger as Debit / Credit?

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• What is the meaning of entry passed in the normal ledger - Funds margin for BMFD positions entry as Debit / Credit ?

  It is nothing but Cash Collateral margin getting Debit / Credit in the ledger.

• Can I transfer funds through debit/credit card to my ledger?

  No, we are not accepting payments through Credit/Debit cards.

• What is Margin?

  1.The net funds utilized for your executed equity intraday, F&O positional /intraday trading & delivery orders. The amount blocked for your Open orders yet to be executed. 2.Whenever you sell your shares or open F&O positions, the margin used will be ...

• What happens in case you are not able to confirm the BMFD otp on time?

  >If you are not able to confirm OTP by T+1 day, then stock will be moved to Client Unpaid Securities Pledgee Account (CUSPA) if your account is in debit, otherwise to your demat account if it is in credit. >IIFL will reverse the funded trade, debit ...

• How margin call is initiated?

  Margin Call – Clients are requires to maintain minimum upfront margin as described by exchange and IIFL Risk policy at end of day in approved stocks of IIFL. For unapproved stocks client need to pay 100% margin. Failing to this, clients are marked in ...