When will funding be reversed and debited to a normal ledger?

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• At what price funding reversed and debited in normal ledger

  Funding reversed buy rate and debit in normal ledger

• If there is any corporate action in stock then what will happen if stocks are funded?

  Funding will be removed, and debit will be transferred to the IIL ledger. Also, MTOM loss will be debited to the IIL ledger.

• 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.

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

  1. To collect the margin against funding, we do Earmarked available pledge stock in the holding. If there is no stock available, then clients have to pay the margin so the same getting debited in the ledger this is also called Cash collateral margin. ...

• Will all stock bought as BNPL be considered for the funding?

  No.. Funding is allowed only in the stock available in the list of Group 1 securities (IIFL E A B C D) published by exchange every month. The same must be bought in NSE only and no funding will be allowed if stock is bought in BSE.