FAQs

Funds Payin

  • What are the modes through which I can transfer funds?

    • Online transfer through TT web
      • You need to transfer from the bank account which is linked with IIFL
      • Login to ttweb.indiainfoline.com » Click on Trade
      • Click on my Accounts » Click on Funds Transfer
      • Click on Funds payin » Select product » Select Bank
      • Select Account number » Enter amount » Click on payin
      • Net banking Facility has to be activated for the same
      • After clicking on Pay in, you will be connected to Bank Gateway. Please follow the directions given by the Bank gateway.
    • Online transfer through IMPS, NEFT or RTGS (Real Time Gross Settlement)
      • You need to transfer from the bank account which is linked with IIFL
      • Login to your bank link enabled for online transfer via IMPS/NEFT/RTGS
      • Beneficiary Name: IIFL Securities Limited
      • In the Beneficiary account number field enter the details
        For Equity :- Code IILEQ1 followed by your Client Code. (Without any space) Eg. If client code is ABCD1234, Beneficiary Account Number would be -IILEQ1ABCD1234.
        For Mutual fund :- Code IILMF1 followed by your Client Code. (Without any space) Eg. If client code is ABCD1234, Beneficiary Account Number would be -IILMF1ABCD1234
      • Beneficiary Account Type: Current Account.
      • Beneficiary Bank Name: Yes Bank
      • Beneficiary Bank Branch Name: ELPHINSTONE - MUMBAI - 400013
      • IFSC Code: YESB0CMSNOC (Fifth place of IFSC code is "Zero" & second last is "O" alphabet)
      • Transfer Amount
    • Cheque
      • You need to give cheque from the bank account which is linked with IIFL
      • You need to mention the login id on the back side of the cheque
      • You need to draw cheque in the name of 'IIFL Securities Limited'
      • You cannot give Third-party cheques.
    • DD/ Pay order
      • You need to prepare DD from the bank account which is linked with IIFL
      • DD/ Pay order should be in the name of IIFL Securities Limited along with the 8 digits login id printed on it
      • DD/ Pay order should be accompanied by a bank confirmation letter.
  • When will the funds get credited to my account if I transfer online?

    If you transfer the funds from your IIFL linked bank account, amount will get credited in your ledger immediately with no time lag for cases wherein transfer is done directly by selecting bank name from the drop down list, on selecting "More Bank" option, you will get the margin to trade & clearance will be given once we get the credit.
  • When will the funds get credited in my account if payment is made through cheque/DD?

    • In three working days or as per Bank clearing TAT, the amount gets credited in your account
    • If the cheque is an outstation cheque or as per Bank outstation clearing TAT, it takes around 15-20 days for amount to be credited in your account.
  • What is the process if I have made the payment through unregistered bank?

    You need to contact the customer care on 022-40071000 or write at cs@indiainfoline.com
  • List of Banks available in payment gateway under Trading Terminal for Funds Payin Purpose?
    • HDFC Bank
    • Axis Bank
    • ICICI Bank
    • Bank Of Baroda
    • Federal Bank
    • Kotak Mahindra Bank
    • Yes Bank
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