Way of treating-India Infoline

[hs.share]

Myself Harpreet Singh from PUNJAB.IIL sub-broker is charging me the brokerage 0.04% intra-day n 0.4% Delivery base.My average total turnover is near about 25-30 Lacs.So,if i'll book amount for intraday is 1200 1300 + Govt' taxes i.e, equal to the brokerage is 0.4 to 0.5%.1 day i have booked 23-2400/- n you know i got loss near about 700/-.what the hell is that?
Brokers are applying their own charges,that must be considered for a customer n must be as less as it can be.
Now i've changed my account to Ventura,N i've to transfer my shares.
So I called Ventura to know the procedure they told that you have your "Welcome kit"? i said no n i'll ask for this to my sub broker of IIL.So when i called my sub broker ha said he've that kit n he is giving me after 9 months after opening of my account.So thats the services "IIL" is provding...???

Secondly, Please tell me the procedure how to transfer the shares to ventura now?

Regards,
Harpreet Singh

 

[iiflcustomerservice]

Dear Harpreet,

This has reference to your observations. In order to help us address the same, kindly provide us complete details (such as Login ID in connection with this issue . Please quote the same in your email. Upon receipt of the mail, our customer service team will be able to work on resolving the same.

regards,

IIFL Customer Service Team

 

[seetharamank]

sir if u are given any delivery book u can fill the holdings &ask them to off market transfer or u have to contact theRM of india infoline

 

[aarohi]

I am also fed up with IIFL.
want to close my account and delink my bank a/c.
could any body guide me abt the procedure, time taken and challanges.



:gun2::gun2:

 

[iiflcustomerservice]

Dear Harpreet,

Even after repeated reminders, we do not have any communication from you . If this is a genuine complaint, please revert at earliest with information as requested. If this is not a genuine complaint but merely an attempt to malign us, we reserve the right to take necessary legal action in this matter, to protect our reputation.

Regards,

IIFL Customer Service Team.

 

[gdshan]

Dear All

I am a new entrant to trading in F&O segment and had started trading from October onwards with India Infoline.

I had always been ensuring that my margin requirement is more than adequately covered by way of stocks which I am holding. However, I find that the broker is charging DPC for the overdraft amount which occured only due to the margin money & MTM loss requirements and not otherwise. Whenever there has been any margin call, I have always provided for the same. That being the case, I do not understand as to why the broker should charge DPC when he would have simply pledged the stocks with the exchange to cover the margin requirements for the F&O exposure I took.

Kindly let me know whether the broker's action in this regard is in order.

Regards

Shankar

 

[vinodmg5]

madam am going to open account in ur company.a have account with 5paisa now and have demat with them.my question is whether there is need to open another demat account for open new online trading acc.of ur company?or my old demat is sufficient?then pls send me only online account form.

 

[vinodmg5]

hii members,i am customer of india infoline.today i bought 25000 shares of sanraa media at the rate of 0.20 paise/share which total of all shares is becoming 5000 rs. and when i saw my todays bill i shocked they charged me 1250 rs. as brokerage........how it is possible?....around 25% of total amount brokerage?....members pls pls guide.. am going to speak ccare tomorrow..

 

[TraderRavi]

hii members,i am customer of india infoline.today i bought 25000 shares of sanraa media at the rate of 0.20 paise/share which total of all shares is becoming 5000 rs. and when i saw my todays bill i shocked they charged me 1250 rs. as brokerage........how it is possible?....around 25% of total amount brokerage?....members pls pls guide.. am going to speak ccare tomorrow..

minimum brokerage is 5 paise in IIFL.......so 1250 is brokerage ....ok...

 

[vinodmg5]

dear ravi thanks but minimum brokerage on what? my total share value is 5000rs.then according to normal 0.50 paise rate it becomes 25 rs. and not 1250rs. isnt it?