IIFL Securities welcomes
Karvy Demat Account Holders

Yes you can. You have to pledge shares to avail margin benefits. Below is the process/steps to be followed for Margin Pledge

1. Login to your TT web and go to Holdings.

2. Click on “Pledge Securities” button to open the Pledging page.

3. Select the DEMAT account (NSDL/CDSL) from which you want to submit your pledge request.

4. Once you click on “Create pledge to IIFL”, a pop up will appear and you will be redirected to the depository website.

5. You need to verify the details of the securities that you want to pledge and select the respective ISIN name

6. Once the details are verified, you will receive an OTP on your registered mobile number, verify and click on “Submit” to submit your pledge request.

7. You will receive a confirmation message from depository that your request has been submitted.

8. On the trading platform, you will receive Success pop up stating that the margin would be added into your account as soon as the request is confirmed by depository. You can instantly start trading with the added margin.

The margin will get updated in real time and you can instantly see the margin in your Margin Report under “Adjusted Holdings Value (AHV)”. However, sometimes it may take up to 15 minutes to update after confirmation from depository.

In case the margin does not get updated, you can view the status of the pledge request under “Order Status” tab.

Re-pledge can be initiated on the next working day post pledging the securities.

Your DP holding will remain intact as the same is lying with depository (CDSL/NSDL) and same will be serviced by us as depository participants.

Your DP number will also remain the same.

We will be activating your trading account with NIL balance. For any previous credit, you need to approach previous DP (Karvy) or Regulator. 

We will not be able to reconcile Karvy pool account, therefore you need to approach previous DP (Karvy) or Regulators for the same. 

We have very competitive charges and would offer a special scheme for you. It would be made available at the time of trading account activation. We will waive off account opening fee for you as well as offer no AMC for the 1st year. Also, as a goodwill gesture, we will offer you an unlimited free trading for first 30 days, given that your account is activated before March 31, 2021.

Once you activate the trading account with us, you can download our mobile App “IIFL Markets” from Playstore or login to our online trading portal https://ttweb.indiainfoline.com to check your details.

Report on DP Transactions will be made available and can be accessed on the trading portal or IIFL Markets App few days after activation of trading accounts. However, trading data will not be available as we would be activating a fresh trading account.

We provide online facility to update your contact details. The same can be done on the trading portal or IIFL Markets App. The contact details can also be updated through our virtual agent CHATBOT (ASK IIFL), which is available 24x7 to help you.

IIFL Group, is one of India’s largest financial conglomerates with a legacy of over 25 years with a strong focus on corporate governance and customer centricity. As a group we offer retail and institutional broking, wealth management, distribution of financial products and loans to customers spread across India. The long and successful association with customers is driven by our organisational core values - Fairness, Integrity and Trust (FIT). The Economic Times ranks us among India’s top five financial services firms and people trust us with their money. We have cutting edge technology platforms and Apps like IIFL Markets, which is one of India’s highest rated stock trading Apps and IIFL Mutual Funds, which is one of the most used mutual funds Apps. Both the Apps have a combined user base of 55 lacs.  Also, we are known for providing best in class research in the industry.

After activating your trading account (ref. Q2), you can sell the stocks using our E-DIS facility. However, you can also update your POA to avoid E-DIS process.

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We have cutting edge technology platforms and Apps like IIFL Markets, which is one of India’s highest rated stock trading Apps and IIFL Mutual Funds, which is one of the most used mutual funds Apps. Both the Apps have a combined user base of 55 lacs. 

We have dedicated research teams working round the clock to give you recommendations and research across equities, commodities, currencies, mutual funds, Debt, PMS and many other structured products.

With IIFL Demat and Trading account you will get access to our daily investment & trading recommendations for each segment and Advanced Research along with value added services like Smallcase, Super Star Portfolio & Sensibull. Our daily, weekly and monthly Stock & Sector specific reports will help you with your investment decision.

IIFL is a one-stop financial services shop, most respected for quality of its advice, personalized service and cutting-edge technology.

With IIFL Demat and Trading account, you can invest in various products and their variants across exchanges.

We have dedicated research teams working round the clock to give you recommendations and research across equities, commodities, currencies, mutual funds, Debt, PMS and many other structured products

We have special service desk for you. You can call us at 022-40075000 or write to us at wecare@iifl.com. You can also approach your relationship manager or visit your nearest branch. You can find your nearest branch using this link https://www.iifl.com/locate-us