Margin
How long does it normally take for funds to reflect in my Ledger ?
If you transfer the funds from your IIFL linked bank account, the amount will get credited in the ledger based on the mode of payment: 1) UPI - Instantly 2) NetBanking - Instantly 3) NEFT/RTGS - Upto 4 hours
In which bank accounts I can open PIS account?
You can open a PIS account in the below banks. Kotak Bank, RBL Bank, Axis Bank, Federal Bank, State Bank of Mauritius, YES bank, HDFC Bank
Can I transfer funds through debit/credit card to my ledger?
No, we are not accepting payments through Credit/Debit cards.
Is there a limit on amount of funds that I can transfer to my trading account?
You can transfer any amount to the IIFL Trading account through NetBanking and IMPS/NEFT/RTGS Transactions/UPI.However, the fund limit varies from bank to bank.
In which type of cases margin shortfall and consequent penalty will arise?
In the following scenarios margin shortfall may arise and margin shortfall penalty will be applicable: Margins increased by exchange during the day or EOD Wound-up/ Square off one leg of position in hedge positions Buy back of sold holding shares on ...
I am not able to find all variables under 'Margin' section earlier in the new version.
In the latest update (v.5.17.11 and above) we have grouped all of the different variables under 'Funds', 'Eligible Holdings' and 'Used Margin' sections. We have done this to make margin calculations more accessible and easier to consume for our user. ...
What does 'Unsettled Credits' mean?
This is the amount in your 'Previous Day Balance' against which shares are not yet settled. This could be due to multiple reasons, for example: 1. Booked intraday profit from the previous day. 2. Shares sold but not delivered. If you sell a stock ...
What does 'Eligible Holdings' mean?
Eligible Holdings includes the stocks that you have pledged for additional margin and also T+1 stocks that are yet to reach your demat account.
Where client can find my ledger/funds history?
Guide client to Click on the Funds icon in the main bottom menu. Click on Funds dropdown button once client is in the Funds section. Click on View Ledger button located at the bottom of the Funds dropdown menu. Client will be able to find the ...
What factors impact 'Available Margin'?
Available Margin will get updated when you: 1) Add funds 2) Withdraw funds 3) Place any order 4) Pledge your holdings for additional margin
What does 'Available Margin' mean?
Available Margin' is the maximum amount upto which you can place trades. It consists of your funds balance (cash deposited with IIFL) and margin obtained by pledging the holdings present in your demat account. Adjustments for trades that you place ...