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.
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.
hey friends...the below comment is not true....i have my demat a/c with indiainfoline ,they are providing best service...they are not charging any hidden charges
180. stallone Mar 16, 2010 11:07:24 PM IST | Reply
HEY FRIENDS india infoline chareging DP CHARGES RS 60 every month & they r not providing odin they provide only t.t browser (trade terminal) its very very slow & ther confirmation very slow,& ther technical team it always very slow.& they replay very slow.
aap ki bhavnagar branch koi bhi ja ki sahayta nhi karti vahan ke aap ke B.M. vahan ke client he uske problem sole nhi kar sakte vo dusre kya karenge aap Bhavnagar branch ke upri staff ko change kre business jarur badhega
DEAR VISITOR, THERE ARE MANY BRANCH AND FRANCHESSE ACROSS INDIA IF YOU HAVE ANY PROMBLEM OR QUERY YOU SHOULD VISIT THE NEAR BRANCH OR FANCHESSEE .THEY WILL SOLVE THE PROBLEM OF YOUR ,WHETHERE YOU ARE THERE CLIENT OR NOT. THEY GIVE BETTER SERIVES THEN OTHER . NOW REG. BROKERAGE THEY PROVIDE THE BROKERGE WHICH IS LOW THEN OTHER ,(I THINK THAT)
170. Samar Nath Bandyopadhyay Jan 12, 2010 7:34:58 PM IST | Reply
My account has been opened about a month back (1 month after submitting forms with other doucments)but no CD or anyother tool has been given to me for on trading online. User ID and Password given over SMS does not work. No helpline tele.no.is available. How to solve this problem.
169. solanki dharmendra ishwarbhai Jan 12, 2010 4:34:38 PM IST | Reply
I WANT THE DETAILS OF OPENING CHARGES AND FUTURE CHARGES IN R/O THE OPENING OF DEMAT A/C IN 5 PAISA.COM
168. NEHA AGRAWAL Dec 21, 2009 3:07:07 PM IST | Reply
I WANT THE DETAILS OF OPENING CHARGES AND FUTURE CHARGES IN R/O THE OPENING OF DEMAT A/C IN 5 PAISA.COM. THANKS