Account opening
Who is eligible to open a demat account with IIFL Securities?
Below are the categories of personnel eligible to open a Demat account in India- Resident individuals Non-resident individuals. Hindu Undivided Families (HUFs) Partnership firms Companies
Do you have to pay any charges for opening a demat account with IIFL Securities?
No, we do not charge any fee for opening a Demat and Trading account.
What are the basics of Demat account in India?
There are 3 important terms in understanding the Demat account in India. 1. Dematerialisation It is a process that facilitates the conversion of share certificates from physical to electronic form where shares held thereafter are easier to manage ...
Where client can trade once clients account is activated?
For placing a trade at IIFL Securities client must have IIFL Markets Application. Simply client need to login in the IIFL Markets App using his/her Mobile number, Email ID, or Client ID.
If client has forgotten his password/PIN, what needs to be done?
Client can reset the PIN by using IIFL Markets App. However client have a choice to choose between the login options- Login with OTP or Login via PIN.
How will client know if Demat account is activated?
Client will receive your login credentials along with account activation status on registered Mobile number, Email address and Whatsapp the instant client account gets activated. Use these credentials on the IIFL Markets App to put cients first ...
How long will it take to get the Demat account activated?
Once your application is approved, we register you at exchanges (NSE, BSE, BSE Star) and Depositories (NSDL and CDSL). This entire procedure from application form submission to registering customers at exchanges in less than 10 mins.
How many bank accounts client can link with IIFL trading account while account opening?
Client can link only 1 bank account with demat account.
In which segments client can open an account with IIFL ?
Client can choose to open Demat and Trading accounts in following segments Equity, Mutual Funds, Derivative (Futures and options) Currency and Commodity.
What documents are required to open a trading account at IIFL securities?
You do not have to submit any document for opening a Demat and Trading account with us. You just need to keep your PAN number, Aadhar number and Bank Details like IFSC and Account Number handy with you.