Terms and Conditions

India Infoline Limited (hereinafter referred to as “IIFL”) has prescribed certain eligibility criteria and terms and conditions which are to be followed by the client, before opening trading and demat account through the website of IIFL. The Client is required to go through each and every condition as mentioned below and verify if he/she is eligible to open account with IIFL. If all terms and conditions are acceptable to the client, he/she should mark in I agree and accept column in order to open trading and demat account.

• The account number allotted to you is in inactive status to avoid any unauthorized transactions. Transaction will be allowed post activation of your account after completion of account opening formalities. In case the documents submitted along with the application do not comply with the KYC guidelines of IIFL, the application is liable to be rejected
• This facility is currently available to open a Inpidual resident broking account only. Please note Non Inpidual and NRIs cannot open broking account through this facility.
• The User Id – chosen by you or allocated to you will remain available for 30 days from the date of selection or allocation the account number, In case the account does not get activated within 30 days the User ID will not be available for the customer.
• In case the documents submitted along with the application do not comply with the KYC guidelines of IIFL, the application is liable to be rejected and IIFL will not be liable to refund the Account opening fees and any interest on the amount.
• I/We understand that IIFL may at it absolute discretion, discontinue any of the Services completely or partially without any notice to me/us.
• I/We understand that investment products are not IIFL objects or other obligations of or guaranteed or insured by IIFL Ltd. or their affiliates. They are subject to risk and possible loss of principal. Past Performance is not indicative of future performance. I/We hereby declare the above information is true to the best of my/our knowledge.
• I/We shall advice IIFL immediately in the manner as agreed by me/us and acceptable to IIFL, in case of any change in the above details and information given by me/us. I/We have read and understood the terms and conditions available at IIFL's web-site www.indiainfoline.com
• All new to IIFL, customers can fund their account online, from specific list of Payment Gateway options. The amount will be credited into customer account post account activation and basis availability of clear funds or receipt of the same by IIFL.
• While transferring funds through online mode(s), IIFL will not accept any responsibility or liability of whatsoever nature in respect of any loss or damage arising directly or indirectly to the customer out of the decline due to:
  • lack of authorization for any transaction/s,
  • or exceeding the preset limit mutually agreed by the customer and his/her remitting "Bank(s)",
  • or any payment issues arising out of the transaction,
  • or decline of transaction for any other reason/s.

Please Note:

• Customer can avail Alerts Services to receive transaction details/information relating to your IIFL account through SMS on the mobile number registered with IIFL
• All accounts will be opened in the same combination as provided in the Account Opening Form by the Customer or may be updated as per the details updated with UIDAI (Aadhaar) or with KRA
• All alerts, e-newsletter and promotional mails will be sent to the preferred mobile number and e-mail ID.
• As per IIFL Policy we can provide only one Userid/Login id for a client opening trading account in Equity. If you are already registered in commodity and you want to open Equity account or vice versa, please note you are requested to use your existing Userid/Login Id and complete the account opening formalities.