India Infoline (IIFL) Customer Reviews, Complaints, Experiences & True Feedback
India Infoline Limited
Incorporated in 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading.
Don't open account in 5 paisa. I have opened account and they have charged brokerage more than which they have promised while opening the account. They do not listen to your complain and solve your problem.
hey, i do have a demat account in india infoline from 3 years...bt i used it rarely....now i m interested in using it frequently....i m trying to get the password for my client id bt m nt able to get it....then i changed my mobile numbr there thinking new password will be sent through sms ...nothing happened...mobile nubr gt changed...then i called Mumbai HO..they told me to invest min Rs 250000 to become online customer as i hvn't done trading from last 6 mnths....wat should i do now..suggest
198. pawan singh rajpurohit Jun 28, 2010 10:25:37 AM IST | Reply
india infoline is no. 1 broking company of india. always thinking for only client's profit & best services
197. RAJ SANDHU Jun 3, 2010 11:45:55 PM IST | Reply
HI all of u!!!!
The software trading platform in very good... And their brokerage charges are also very good mine is .3Paisa & .03 paisa but there are few disadvantages:Like.. 1-NDLS/cdls charges (go for annual Rs 600 plan) 2-No toll free no. 3- No mobile trading sit like ICICI direct on move
196. Suresh Madaan Jun 3, 2010 5:40:37 PM IST | Reply
i guess there are also better platforms available in the market like Motilal Oswal.i hear they have one of the best platforms.
IIFL is a sloppy brokerage with extremely poor back office. You may get help from your RM but most of the RMs do not respond. The charges for dematerialisation of shares are quite heavy @ Rs 61/- and Rs 16.55 for each delivery transaction; but you can opt for Rs 600 special annual scheme and save on delivery charges. On the whole, IIFL does not leave you very satisfied.
You need to meet RM of India Infoline Ltd of your city. Required documents are Add./ Identity / Bank proof Pan Card is Mandatory. You can post your contact details so any RM can meet you.
191. namit sen May 19, 2010 5:30:21 PM IST | Reply
i just wanted to choose between Motilal Oswal and 5 paise trading platforms!can someone pls give me information about it!
190. vasant m parmar May 11, 2010 9:25:58 PM IST | Reply
several time I have requested for online passward id, but the R M O of my branch has infomed me that the online trading facily can not provide for you by H.D.
189. kala saxena May 5, 2010 4:41:49 PM IST | Reply
The country's largest fund house, Reliance Mutual Fund, witnessed an increase of over Rs 1,400 crore in its average assets in April.
The company witnessed an addition of Rs 1,406.62 crore in its average assets under management (AAUM) to Rs 1,11,819.33 crore during the month, according to the data available with the Association of Mutual Fund of India.
188. Kajal Shah Apr 30, 2010 4:12:47 PM IST | Reply
In the MF market While crop funds are increasingly becoming popular among investors, some of the conservative market experts fear a deep credit squeeze or a string of payment defaults could result in loss of investments.i wonder how true that fear is?
Currently fund houses like Templeton, DWS, Reliance Mutual, Religare Mutual and Kotak Mutual Fund have crop funds with varying investment styles and structures.
Indiainfoline/5paisa account opening fees are Rs.750/- and the brokerage is 0.5% for delivery and 0.05% for intraday. Even though they promise you to give lower brokerages, they will never give the brokerages offered to you while opening the account. Their customer care, will ask you to contact your RM for the brokerage part and your RM will say, it has to be done by the head office. So you go on loops. So beware before opening account with 5paisa. Not worth trouble, as their research and intraday calls are not that good. They don't even send the daily market calls to your mailid!!! You have to keep calling your RM daily for the same... Worst experience so far with them. Waiting to close the account with them.
186. MOHD FURQAN JAN Apr 26, 2010 4:12:01 PM IST | Reply
I WANT TO ABOUT KNOW MY DEMAT ACCOUNT.LAST FEW MONTHS IAM NOT DOING TRADING.DUE TO CAUSE UR KIRTI NAGAR BRANCH RMO NOT RESPONDING.NOW IWANT MY ACCOUNT DETAILS.
185. STALLONE Apr 18, 2010 10:18:56 PM IST | Reply
MR.VIPIN JAIN i think ur working in india infoline head office mumbai, have any toll free number ???????? india infoline online client facing lots of problem ur head office worst,
184. stallone Apr 18, 2010 10:02:48 PM IST | Reply
yes madhu ur right,India Infoline is the worst broker in the world. ther help line & worst & ther's no toll free numbers, ther trade terminal very slow,
India Infoline is the worst broker in the world.How?........ Here it goes the list which makes the IIFL the worlds Worst Broker Prize. 1. Most of the Relationship Managers don't know the Basic knowledge of Equity Market and neither they are interested. 2.Most of the times 99.9% there trade terminals get struck that to after 3'O clock. 3.your sahres will be credited to pooling account and not to your Demat Account. due to which you will not get the dividends. 4.whenever the shorts are not covered due to their server problem they will not take the responsibility to correct it from pooling account instead they charge hefty 20% fine stating it is SEBI's rule. offcourse there is but this people only adjust it from pooling account and take the 20% in the name of SEBI. 5. wheneever you call the Branch or Relationship manager to keep an order or to buy or sell you will loose your patience but you will not get the RM or IIFL executive to the Telephone Line...........list goes......... still if you want to continue with India Infoline .........wish you very bad luck sorryy.......worst luck.......
183.1. Ramesh Y Jul 1, 2014 11:33:09 PM IST |
Mr. Madhu, you are lucky enough as they are charging only 20% in such short trading on account of short tradings due to server problem / hangups but in our case, IIFL is imposing prescribed penalty for such circumstances i.e., about 15% on short value and imposing 15% more than the purchase value to balance the transactions. Frequently experiencing this problem and placing before SCORES. For the last 6 months raised many issued with IIFL but they are not caring to respond. 2nd July 14, NSE directed me to appear with documentary evidence on the charges levelled against IIFL.