We have very competitive charges and created a special scheme for Karvy customers under which Karvy customers can open their account at ZERO Account opening fees and FREE First year AMC. Not only this, our segment wise other charges are almost 50% lower than Karvy Standard Charges. Start your account activation journey to view detailed tariff plan : https://wecarekarvy.iiflcapital.com

Once you activate the trading account with us, you can download our mobile App “IIFL Markets” from Playstore or login to our online trading portal  https://markets.iiflcapital.com to check your details.

Click here to view link for Mobile App

Once a trading account is opened you can sell the stocks hassle free by using EDIS facility by logging to https://markets.iiflcapital.com or IIFL Mobile App

Steps to enable the e-DIS facility through the IIFL Markets App:

1. Log in to the IIFL Markets App with valid credentials.

2. Once logged in successfully, kindly go to the Portfolio section and click on the button "Actions" at the top of the page to complete your e-DIS, irrespective of whether you have an NSDL or CDSL DP account.

3. Once clicked on "Actions", kindly click on "Sell Holding", select the holding, and click on "Sell scrip".

4. In the case of CDSL DP, you would be redirected to the CDSL page for TPIN & OTP verification, and for NSDL DP clients, you would be redirected to the NSDL page for MPIN & OTP verification.

5. Once successful verification is done, you can sell your respective holdings instantly.

Steps to enable the e-DIS facility through the IIFL Markets Web Portal:

1. Log in to https://markets.iiflcapital.com

2. Click on "Holdings".

3. Click on "Authorize/E-DIS". An authorization pop-up would be displayed, further clicking on the "Authorize" button.

4. In the case of CDSL DP, you would be redirected to the CDSL page for TPIN & OTP verification, and for NSDL DP clients, you would be redirected to the NSDL page for MPIN & OTP verification.

5. Once successful verification is done, you can sell your respective holdings instantly.

A detailed step by step guide on how to sell your stocks by authorizing through on your (non-POA mapped) Demat account can be seen below

NSDL E-DIS process Flow: https://www.iifl.com/securities/whatsnew/nsdl-new-e-dis-process-flow-iifl

CDSL E-DIS process Flow: https://www.iifl.com/securities/whatsnew/authorize-your-sell-transaction-t-pin

EDIS for MF redemption: https://customerportal.iifl.com/securities/whatsnew/edis-mf-redemptions.html

Given that your DP account was with Karvy, we have now been nominated as your new depository participant by NSDL & CDSL and will provide you with best of services. We have a special service desk for you to take care of your queries without the need for you to approach NSDL/CDSL. You can call us at 022-40075000 or write to us at wecare@iiflcapital.com. You can also visit your nearest branch. You can find your nearest branch using this link https://www.iiflcapital.com/locate-us

In case of any balance in the account – The client will have to submit proper KYC documents to IIFL for activating the account (if not KYC compliant) and then submit documents for closure of account.

Click here for Annexure

Click here for Closure letter

Click here for Tariff

In case of NIL holdings demat account - If client do not wish to continue their demat account with IIFL Capital, then they can close their demat account by either sending hard copy of account closure request letter or by sending an email from their registered Email ID to wecare@iiflcapital.comto IIFL Capital

Refer the link https://www.indiainfoline.com/demat/why-iifl

Once your account is activated with IIFL , Single account holders can request for DIS slip from markets.iiflcapital.com Post that you need to fill the DIS Slip and opt for transfer of shares offmarket. In case of non-individual & joint holders, you can approach the nearest branch.

Click here for the Requisition slip format

Click here to locate branch

The client has to send mail to transfer@cdslindia.com to stop the closure request which was submitted by the client to CDSL Depository. Once CDSL Depository stops the closure request then we can able to unfreeze the demat a/c from our end.

You need to approach Exchanges NSE or BSE for the same. Click here for  NSE and BSE Circular for details.

You can unfreeze your DP account either online (if eligible) or through a physical process. The documents required depend on your KRA status and whether you want to update any details. If you face issues online, you will need to follow the physical process.

If your KRA is verified and no changes are required, please submit:

You can call us at 022-40075000  or write to us at wecare@iiflcapital.com You can also visit your nearest branch. You can find your nearest branch using this link https://www.iiflcapital.com/locate-us

If you want to update bank details, address, contact details, DDPI, or DP linking, you need to submit:

You need to submit:

Yes. To open a new trading account and unfreeze your DP, please submit:

If your trading account is active and only your DP is frozen, you need to submit:

Example:
DP Name – Sushil Kumar
Document Name – Susheel Kumar
Required documents:

Example:
DP Name – Sushil Kumar
Document Name – Susheel Kumar Joshi
Step 1: Complete the name change process in the Karvy DP system.
Step 2: Submit a DP unfreezing request.
After name update:

Currently, DP details are not visible online. You may:

Name change can be done only through the physical process. If your account is frozen, you must complete the name update first before unfreezing.

PAN update can be done offline through a physical application. It can be submitted during unfreezing or anytime if the account is active.

Signature update requires a physical application. It can be done during unfreezing or anytime if the account is active.

You can link your DP account:

Please contact our Customer Service Team to understand the reason for the freeze. The freeze may be due to:

You can call us at 022-40075000 or write to us at wecare@iiflcapital.com. You can also visit your nearest branch. You can find your nearest branch using this link https://www.iiflcapital.com/locate-us

You can:

Click the link to Download Forms