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IIFL Consumer Complaints

IIFL Securities Track Record Of Best Online Stock Broker In India

  • Life

    4

    Company Rating

  • Life

    2800+

    Cities Covered

  • Life

    3 Lacs +

    Orders Per Day

  • Life

    1Lacs Crore

    Daily Turnover

  • Life

    3 Lacs+

    Our Client Base

  • Life

    4.4

    Mobile App Rating

  • Life

    4

    Company Rating

  • Life

    2800+

    Cities Covered

  • Life

    3 Lacs +

    Orders Per Day

  • Life

    1Lacs Crore

    Daily Turnover

  • Life

    3 Lacs+

    Our Client Base

  • Life

    4.4

    Mobile App Rating

 
 
 

IIFL Securities Account Opening Enquiry


 
 
 
 

IIFL Consumer Complaints 

IIFL Securities is a part of IIFL Group and was incorporated in 1995. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial service provider in that provides a broad range of services. It is the highly recognised brand for the quality of advice, personalized service and the usage of cutting-edge technology.
The full-service stock broker provides an online trading and research-based advisory services for the complete range of financial products that includes Stocks, Derivatives, Commodities, Insurance, FDs, Loans, IPO and Bonds etc.

Complaints Against IIFL Securities Broker
IIFL Securities brokerage complaints provides the detailed report about the number of complaints received by the stock exchanges. The IIFL Securities consumer complaint report analyses the online data provided by BSE and NSE. The report determines the health of the broker.
Such complaints are the serious grievances that are against IIFL Securities broker by their customer that remain unsolved. The customer has then filed these complaints at the National Stock Exchanges. The IIFL Securities complaint determine the number of reports shows the number of active clients.it also determines the health of the broker.

 

IIFL Securities Consumer Complaint Yearly Basis

Exchange

Financial Year

Number of Clients

Total Complaints

BSE

2020-21

65,221

5

NSE

2020-21

257,719

133

BSE

2019-20

64,954

13

NSE

2019-20

218,877

112

BSE

2018-19

48,542

19

NSE

2018-19

221,753

133

BSE

2017-18

88,975

36

NSE

2017-18

225,435

138

BSE

2016-17

98,133

25

NSE

2016-17

197,996

220

BSE

2015-16

112,136

42

NSE

2015-16

262,930

238

BSE

2014-15

74,299

99

NSE

2014-15

286,032

447

BSE

2013-14

1,075,923

74

NSE

2013-14

235,241

341

BSE

2012-13

1,040,291

128

NSE

2012-13

1,019,778

336

BSE

2011-12

971,423

276

NSE

2011-12

953,498

490

 

IIFL Securities at NSE

 

2020-21

2019-20

2018-19

Defaulter Yes/No

No

No

No

No. of clients at the beginning of the year

 

 

 

No. of active clients

257719

218877

221753

No. of complaints received *

133

112

133

Resolved through the exchange

113

92

130

Non actionable **

8

5

0

Advised / Opted for arbitration

1

4

0

Pending for redressal with exchange

11

11

3

No. of arbitration filed by clients

4

3

5

Decided by arbitrators in favour of the clients

1

2

3

Decided by the arbitrators

0

0

2

Pending for redressal with arbitrators

3

1

2

% of No. of complaints as against No. of active clients

0.05

0.05

0.05

% of complaints resolved as against complaints received

91.72

90.17

97.74

 

IIFL Securities complaint at BSE

 

2020-21

2019-20

2018-19

Defaulter Yes/No

No

No

No

No. of clients at the beginning of the year

2761776

1293805

1242680

No. of active clients

65221

64954

48542

No. of complaints received *

5

13

19

Resolved through the exchange

5

13

18

Non actionable **

0

0

0

Advised / Opted for arbitration

0

0

0

Pending for redressal with exchange

0

0

1

No. of arbitration filed by clients

0

0

0

Decided by arbitrators in favour of the clients

0

0

0

Decided by the arbitrators

0

0

0

Pending for redressal with arbitrators

0

0

0

% of No. of complaints as against No. of active clients

0.01

0

0.04

% of complaints resolved as against complaints received

100

100

94.74

Frequently Asked Questions


Yes, the clients can have two separate trading accounts based on NRE and NRO.
The Headquarters of IIFL are located in India.
The customer can simply submit the documents to their Relationship Manager and the documents must hold a stamp of “Verified with original” and need to have signature of RM or branch manager.
FEMA provisions provides permission to the Indian Companies to issue right or bonus shares to existing non-resident shareholders that is subjected to adherence to sectoral cap as may be applicable.
An entity contracted to keep up the record of the owners of the stocks and the bonds that are issued by the company.
• A Resident Indian Individual Account. • HUF Account. • Partnership Firm Account. • NRI Account. • Minor Account. • Corporate Account. • Trust Account.
The transfer of securities from the account in one depository to an account in the other depository is termed as an inter-depository transfer.
No, the NRIs are not allowed to make Intraday transactions. They can only trade on delivery basis. Short selling is not allowed.
Rohit Sharma is the brand ambassador of IIFL.
The customer can square off the stocks through Non-POA holding under the holdings section by selecting the stocks you are willing to sell and authorizing the same via T-Pin procedure.
HDFC Bank, Axis Bank, RBL Bank, Federal Bank, State Bank of Mauritius, Yes Bank and Kotak Bank
As SEBI regulates the Stock Market, Forward Markets Commission (FMC) regulates the commodity market.
IIFL sends DP transaction that includes holding, bill statement (monthly) to their registered mail Id.
A Demat and a trading account can be opened with IIFL Securities.
SEBI has assigned DPs in order to determine the value of holding on to the basis of the daily closing price or Net Asset Value of the securities or the units of mutual funds. If the value of your holdings exceeds by the slabs then the DPs are permitted to change the same as they charge non-BSDA regular demat accounts.
Any transaction that involves delivery of securities to a clearing corporation or clearing house for sale of securities done on the stock exchange platform is termed as “On Market Transaction”.
IIFL POA form is signed for the limited purpose. It allows IIFL to perform limited activities in the demat account of a client like the debit of shares from the account. IIFL asks its customers about the Power of Attorney (POA).
CM BP ID stands for Clearing Member Business Partner Id.
You can simply contact the RTA of the company.
An individual needs to submit dematerialization request by sending a duly filled dematerialization request form to the DP along with the certificates of securities to be dematerialized.
The Securities that are held in the depository account can be pledged in order to avail the loan or credit facility. Pledge of Securities in CDSL/NSDL depository requires both the borrower and the lender to have an account within a same depository either in NSDL or CDSL.
The customers will receive SMS on the registered mobile number and a welcome mail on the registered mail id. He will also receive a welcome letter along with the welcome kit on the registered address. Further, the customers will receive the password on the registered mobile number.
IIFL Securities is among the best brokers in terms of its trading platform like IIFL Markets Mobile app, best research and advisory, complete investment option and the personalized PMS.
Your Relationship Manager will contact you in case there is any kind of rejection.
A minor can be nominated if he submits an Id proof and address of the guardian of the minor nominee shall be provided by the beneficial owner along with the birth certificate of minor.

IIFL Securities Reviews