Partner FAQ
Please explain Margin Shortfall Penalty Levied in Percentage.
Please find the details as below for your reference. 1. (< Rs 1 lakh) And (< 10% of applicable margin) - 0.5% 2. (= Rs 1 lakh) Or (= 10% of applicable margin) - 1.0% 3. More than 3 consecutive days, then penalty of 5% 4. More than 5 days in a month, ...
Please let us know impact of Corporate actions in Derivatives market.
In case of Dividend for Future Trade, market rate will get reduce (As per Dividend rate) In case of Dividend for Option, Strike price will get reduce (As per Dividend rate) In case of Bonus for Future & Option Trade, Qty will get increased (As per ...
How NRI Trade get Settled for Cash and FNO?
Please find the process details as below for your reference. >NRI Contract notes are Generated in Buy & Sell wise >On T-Day EOD, all NRI Trades get Reported to PIS (Banks) >From PIS (Banks), Contract notes are Settled in T+1 Day >Charges like - AMC, ...
How Custody Trade get Settled for Cash and FNO?
Custody Trade gets settled as per below process. > Participants code is mandatory for trades (NSE and BSE) > Client's Trade settlements done by custody > Broker has to report all trades to custody on same day by 3:30 pm > DP account maintained by ...
How to get a Pledge booklet for the Purpose of Loan against shares ?
Clients need to send email @ cs@iifl.com for issuance of a new Pledge booklet . We will issue & Dispatch the Physical Pledge booklet to the client registered address only.
How to apply for Buy Back online ?
Request you to please follow the below process. Login to website ttweb.indiainfoline.com Click on Market Tab Client on Offer to Buy (OTB) option to place the order. (Please Note: The POA/DDPI has to be updated in demat and trading account with IIFL ...
How to participate in buy back, if POA / DDPI is not updated in demat a/c ?
Client can submit Delivery Instruction Slip (DIS) duly filled and send the same on below address to DP for Buy Back. NSDL DP Department IIFL Securities Limited, 701,�Ackruti Centre Point, Central Road, Marol MIDC,�Andheri East, Mumbai - 400093�
How to check and download DP Bill Report?
RM / FAN can check and download DP Bill Report from TT EXE
How to download CML Report?
RM / FAN can download CML Report from TT EXE
How to check and download DP Transaction Report?
Franchise can download the DP transaction statement from AAA. Follow the below path. aaa.indiainfoline.com >> Reports >> Individual Clients >> Daily Reports >> DP transaction.
How to check the status of Transfer Cum Closure Request?
RM / FAN can check the status of Transfer Cum Closure request on AAA - DP Scrip Payout option(Login -> More -> Wire Reports -> DP Scrip Payout)
How to close the demat and Trading a/c, if there is no holding demat Account?
1) If no holding in demat a/c then client can send mail to cs@iifl.com from his registered email id mentioning the details of demat a/c, Trading a/c and reason for closing the demat & Trading a/c 2) Client can place the closure request from his TT ...
How to get the Transmission procedure ?
You can raise the query in zoho crm for transmission procedure mentioning the details of deceased holder demat a/c number , Trading code, Deceased holder name, Date of deceased holder with copy of death certificate. The DP team will check all ...
How to check the status of pending Demat Requests?
If the holding shows Pending Demat in the holding statement, it means demat request is pending with the company / RTA for further confirmation. RTA will take a maximum of 30 days to process the demat request from their end. Once RTA confirms the ...
How to check the status of a rejected Demat Request?
In case demat requests are rejected by the company /RTA, the same is displayed in DP Transaction Statement.
How to check the status of a demat request rejected by RTA?
Pls check the demat request rejection date in DP Transaction Statement. The DP Team will send the rejected documents to the clients after receiving the rejected documents from the Company / RTA. Normally RTA sends the rejected documents to DP within ...
How to Dematerialise sovereign gold bond (SGB)?
SGB can be dematted from issuing banks only. Client has to visit the issuing bank with dp details (CML) to demat the SGB from their end.
What is the procedure to dematerialize mutual funds?
Client has to submit the Mutual Fund demat request form alongwith latest MF Account Statement duly self attested to DP .
What is the TAT for processing the DP documents?
Please refer below TAT for processing the dp documents Post receipt of Physical documents to the NSDL DP department at Ackruti , Andheri office. Demat Request Form - 7 Days Transmission Case - 7 Days Transfer Cum Closure Request - 7 Days Pledge Book ...
How to get dp forms and format?
DP Forms & formats available on client TT Login (My Account < Form Formats option ) & also available on iifl website (https://www.indiainfoline.com/core/home-page/get-download-forms )
What is the settlement cycle for share pay in and payout?
In case client purchase or sell the shares the same is credited or debited from Client's demat / Trading account on T+1 settlement
What is CM BP ID ?
CM BP ID stands for Clearing Member Business Partner ID. IIFL Broker CM BP ID For NSE is IN559021
What is NEFT Enabled Bank A/c ?
Kindly get the clients trading a/c enabled with core banking a/c no i.e. a NEFT enabled bank a/c which would help us to directly carry the payout in clients bank account instead of the cheque payout.
What is the process to transfer funds in Only Demat A/c?
In case funds are to be transferred towards charges for a Only DP a/c same can be transferred in below mentioned bank a/c. However ensure funds are transferred from bank a/c which is mapped in clients DP a/c. Further at the time of enquiring for a ...
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 the process of Third Party Refund?
In case the funds are received from non mapped bank a/c from client's end and bank account cannot be mapped, in such instance the refund needs to be carried and hence we would require a request letter along with the bank supporting to carry the ...
What is the process to get the credit f cheque depsoited directly without doing CMS entry?
In the event wherein the cheque has been deposited directly in IIFL Bank account, CMS has to be made with valid supporting and only then credit should be enquired.
What is the time line for cheque clearance?
In a normal course of business, a clearing cheque generally takes 3 working days for a clearance.The credit towards a clearing cheque reflects in the beneficary bank account on next woring day EOD post the amount is debited to the remitter Bank A/c , ...
What is CMS entry ?
Post the Cheque CMS entry is made kindly check the CMS page whether the same has been accepted or rejected. If rejected, kindly refer to the reason for rejection and take corrective action and re-upload the CMS entry with valid details. While ...
How to get Credit Confirmation ?
Credit confirmation query should be raised to the CMS team with adequate information via CRM query. Ensure the CMS entry is made for the credit that has been enquired. Verify if the cms entry is reflecting in the clients ledger. For any credit ...
How to do the cheque CMS entry in the transmission case?
In case of the transmission, cheque CMS has to be made with a death certificate of the holder and CML copy/Claimant document to verify the holder who is paying the due on behalf of the client.
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 the process for third Party Bank A/c updation ?
In case funds are transferred in YES bank a/c for amount greater than Rs 1,00,001/- vide non mapped bank account and later the bank account is mapped to clients KYC, Auto credit would get updated to clients ledger and there is no requirement to raise ...
How does the BUYBACK Contract Payment get settled ?
BUYBACK Contract Payment gets settled as per below process. > In BuyBack, contract payment get settled directly in Bank accounts > In BuyBack, ledger posting is done for charges only
How does CUSPA Pledge Work ?
CUSA Ledge work as per per below process. > If the client is in Debit on Settlement date, Client's buy stock will be marked as CUSPA PLEDGE. > CUSPA Pledge stockes will be released once the client is in Credit within 6 days or for any Sell Obligation ...
How Auction charges Levied to Client's on Securities ?
Please note auction charges as below for your reference. > In case of Internal Shortage for Seller, 10% Auction charges will be levied on T Day closing rate (Auction Debit). > In case of Internal Shortage for Buyer, 10% Auction charges on T Day ...
How client can buy Mutual Fund ?
To register a SIP online, Guide client to follow the steps mentioned below: Through IIFL Mobile App: Open the menu on IIFL Markets App. Click on Invest. Click on Mutual Funds. Select Buy MF/SIP. Click on Buy or sell. Fill in the required details, ...
How to cancel Mutual Fund SIP?
SIP should be cancelled before 3 days from SIP due date. You can login to mf.indiainfoline.com _Holding_ Ongoing SIP_Select sip_Stop SIP.
Can all clients of IIFL avail Mutual Fund SIP facility?
Yes, all active clients can avail the Mutual Fund SIP facility.
Do client need to login on every Mutual Fund SIP date to place the Mutual Fund SIP orders?
No, once client have placed Mutual Fund SIP requests, Exchange will trigger the SIP orders on every cycle date, SIP will be executed on the successful SIP amount debit.
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