FAQs

Commodity 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
      • (Select TT Web Comm) 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 NEFT (National Electronic Fund transfer) or RTGS (Real Time Gross Settlement)
      • You need to transfer from the bank account which is linked with IIFL
      • (Select TT Web Comm) Login to your bank link enabled for online transfer via NEFT
      • Beneficiary Name: India Infoline Commodities Ltd
      • In the Beneficiary account number field enter the sort code 524500 (Numeric) followed by their login id. (Without any space) For E.g.:- 524500SINRAVI2
      • Beneficiary Account type: Current Account.
      • Beneficiary bank name: Citibank
      • Beneficiary bank branch name: Mumbai (Fort)
      • IFSC code: CITI0100000
      • Amount Transfer
    • 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 'India Infoline Commodities Ltd'
      • 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 'India Infoline Commodities Ltd' 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 Comm@indiainfoline.com
  • How to do funds transfer through TT web ?
    (Select TT Web Comm)Login to ttweb.indiainfoline.com » Click on Fund Transfer » Click on Fund Payin
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