I/We, being the registered client of India Infoline Limited ("IIFL") having Client ID , would like to subscribe for the facility "Valid Till Date" ("Facility") offered by IIFL. I/We agree that subscription of the said facility shall be subject to the Member-Client documents executed by me/us with IIFL and Terms & Conditions as specified herein below:

1. Facility is available only in Cash Segment for all scrips that are enabled for placing cash orders, for both buy and sell, on Bombay Stock Exchange Ltd (BSE) and National Stock Exchange of India Ltd (NSE), by specifying the period for the order instruction to be valid.
2. Client gives an order instruction to IIFL stating that if the order is not executed for the entire quantity, IIFL is authorized to place fresh orders for the unexecuted quantity in client’s account on the subsequent trading days till the entire quantity is executed or till the validity expires, whichever is earlier. The feature allows the client to specify the number of days during which the client wishes to place the orders.
3. All online existing and new clients of IIFL who are eligible to trade in Equity Cash product can avail VTD facility for order placement.
4. Client can place Cash orders with VTD order validity in all scrips during the pre-open session but only orders in scrips that are pre-open enabled will be sent to exchange during the pre-open session. Orders in all other scrips not enabled for pre-open session would be treated as overnight orders and sent to exchange during normal trading session.
5. Buy orders with VTD order validity are similar to Cash Buy orders. Prior to placing the orders, client will have to allocate necessary funds in account. Client will have to ensure that necessary funds are available in allocation for IIFL to place VTD orders in client’s account for the unexecuted quantity of the order.
6. 'Order Validity Date' means the date chosen by client while placing Cash orders with VTD order validity. This date has to be equal to or less than the maximum validity date defined by IIFL.
7. If clients VTD order validity date falls on a non trading day, the order is expired by IIFL on the last trading day which falls prior to such order valid date which is a non trading day. Post the expiry, the status of VTD order is updated as Expired (Closed).
8. Client can place VTD orders at any time during market hours and even post market hours when the website is open for placing overnight orders.
9. If a corporate action is announced in any scrip then such scrip will be disabled by IIFL for VTD overnight order placement on client’s behalf from Ex Date minus 1 day till Record date. If client’s VTD order in such scrip is still valid then orders in such scrips will get rejected during this period and will not be placed on subsequent days post rejection. This is to safeguard client’s interest and avoid placement of orders at unrealistic prices due to the impact of corporate action. Client is thereby requested to login into account to see the status of orders in such scrips and place fresh orders again at appropriate prices in case client wishes to continue with VTD orders in such scrips after corporate action has been completed.
10. If client’s VTD order remains unexecuted and is not cancelled, nor rejected due to any reason then daily orders for the unexecuted quantity will be placed as overnight orders by IIFL during the validity period, i.e. until the order validity date is less than or equal to the next trade date. The orders would be placed on these dates provided they are trading days.
11. Client can modify the quantity or limit price of VTD orders only when the order is in 'Ordered status' (during market hours) or 'Requested status' (after market hours).
12. Client can cancel the quantity or limit price of VTD orders only when the order is in 'Ordered status' (during market hours) or 'Requested status' (after market hours). No further Orders will be placed by IIFL once VTD Order is cancelled.
13. IIFL may modify terms and conditions including minimum margin requirement with/without prior notice. The client shall abide by such modified terms.

Declaration:

I/ We understand that "Valid Till Date" is a high risk product & I/we may suffer losses in case underlying security moves adversely. I/We have read and understood the Risk Disclosure Documents before investing in Equity Shares, Derivatives or any other instruments traded on the Stock Exchanges. The contents herein above shall not be considered as an invitation or persuasion to trade or invest in any securities or other financial instruments or any other product. I/We agree to make independent judgment with regard suitability, profitability, and fitness of the facility offered herein above. I/We acknowledge that IIFL and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon including but not limited to losses on account of square off/non-square off by IIFL within or at the end of the day and I/we agree to bear such losses without protest or claim against IIFL. I/We further acknowledge that not only for above Facility(s) but for any other facility or general trading also, in no case any employee/officer/director or agent of IIFL is authorized to give any advice, assurance or handle my/our account in any discretionary manner.