Is there any minimum balance to be maintained in the account?

• Related Articles

• Non individual account opening request has been rejected due to "Authorized signatory sign with stamp missing on Balance Sheet and Profit & Loss account statement pages of annual report"

  Kindly note Latest 2 years annual report required with authorized signatory sign and stamp on Balance Sheet and Profit & Loss account statement pages.

• What if the SIP amount is not maintained in a savings account on the SIP date. What will be the bounce charges ?

  IIFL does not charge for bounce SIP transactions. You need to check with your respective bank for the same.To avoid bank charges, client needs to maintain sufficient balance in his/her bank account before two working days, prior the sip due date.

• What if the SIP amount is not maintained in a savings account on the SIP date. What will be the bounce charges ?

  IIFL does not charge for bounce SIP transactions. You need to check with your respective bank for the same.To avoid bank charges, client needs to maintain sufficient balance in his/her bank account before two working days, prior the sip due date.

• My client's individual account activation request has been rejected due to "Income Proof Not Provided or Not Clear for Derivative Segment Activation"

  Collect clear and latest income proof for Derivative Segment and ensure below checks for account activation 1. Copy of ITR Acknowledgment - Gross annual income should exceed Rs. 1.2 lakh 2. Copy of Form 16 - Gross annual income should exceed Rs. 1.2 ...

• Why is 'Withdrawable Balance' displayed in the Withdraw Funds section different from 'Available Margin'?

  Clients have to account for the following scenarios when the client displays its withdrawable balance. It is essentially available margin minus the provisioning for deductions for the below-mentioned scenarios - 1) If a client has sold shares, it ...