When will I be charged the Delayed Payment Fee (DPC)?
Delayed Payment is levied to the clients who have a debit balance for more than 1 day in Cash Segment and T day in F&O Segment. (T day means the day you trade).
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In whichever form the margin is provided to IIFL, is there any impact on Delayed Payment Charges?
In Equity Derivative Segment and Currency Derivative Segments IIFL is allowed to accept approved securities from clients for margin purposes. However, IIFL can lodge their own securities only to the Clearing Corporation and not the clients’ ...
How DPC is being calculated for Trading Balance ?
1. DPC will be calculated on clear trading ledger debit balance considering unsettle Cash & FO bills 2. SPAN debit will be adjusted up to the collateral benefit. If IIL Debit 100000, SPAN 125000, Collateral 90000 then net debit would be 10000 & if ...
Where do client can check delayed payin charges detail?
Client can check delayed payment charges by following below steps: Login to https://markets.iiflcapital.com/ Click on the dropdown arrow at the top right corner Click on "Reports" Select Interest on delayed payment under "Charges and Bills" Select ...
Why is there a difference between the quantity of MTF stocks in the `Pay Now’ window vis-à-vis the actual MTF purchase? How many shares will I receive for making any part payment using the `Pay Now’ window?
The difference in quantities would be to the extent of the initial margin collected in the form of cash and considered as `Maintenance Margin’. Hence, in case you make any payment for the said securities using the ‘Pay Now’ window, the quantity for ...
What will be the mode of payment, while settling my account?
For the purpose of settlement of funds, the mode of transfer of funds shall be by way of electronic funds transfer, viz., through National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS), etc.