When will the funds in my account be settled?
- SEBI in 2022 had mandated settlement of running
accounts of clients’ funds on the first Friday of the quarter/month.
- If the
first Friday is a trading holiday, then such settlement shall happen on the
previous trading day. Exchanges have jointly issued the annual calendar for the
settlement of running accounts (quarterly and monthly) from time to time.
Related Articles
When will the running account amount be settled?
If you have opted for Monthly settlement, running account shall be settled on first Friday of each month. If you have opted for Quarterly settlement, it will be settled on the first Friday of every Quarter. If the first Friday is a trading holiday, ...
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.
How can I add funds Via NetBanking?
We request you to follow the below process to transfer funds from your linked/registered bank account to Trading Account :- From IIFL Market App: Click on the 'Funds' icon in the main bottom menu. Click on the Add funds button. Enter the amount and ...
What are the modes through which I can add funds?
We request you to follow the below process to transfer funds from your linked/registered bank account to Trading Account :- From IIFL Market App: Click on the 'Funds' icon in the main bottom menu. Click on the Add funds button. Enter the amount and ...
Do I need to allocate funds for placing orders with VTD order facility?
Yes. Your buy orders with VTD order validity are similar to your Cash Buy orders. Prior to placing the orders, you will have to allocate necessary funds in your account. You will have to ensure that necessary funds are available in your allocation ...