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In this article, we are going to cover all details regarding India Infoline / IIFL charges.

Whether you need the information on IIFL Brokerage Charges, account opening charges, transaction charges, or other charges that are levied by the government.

Here, we have comprehended every charge levied by India Infoline itself.IIFL or India Infoline Demat Account


India Infoline / IIFL Brokerage Charges

Find below information on India Infoline brokerage charges:

Brokerage Charges
Equity Delivery TradingRs 0 (Free)
Equity Intraday TradingRs 20 per order
Commodity TradingRs 20 per order
Equity Futures TradingRs 20 per order
Equity Options TradingRs 20 per order
Currency Futures TradingRs 20 per order
Currency Options TradingRs 20 per order

India Infoline is charging Rs 0 as a brokerage fee for equity delivery while for equity Intraday, equity futures, and currency futures, the broking house charges Rs 20 per order.

For currency options and equity options, the brokerage charges are Rs 20 per order.

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    India Infoline / IIFL Account Opening Charges

    Get details about demat and trade account opening charges levied by IIFL or India Infoline:

    Account Opening Charges
    Trading Charges [One Time]Rs 0 (Free)
    Trading AMC [Yearly]Rs 0
    Demat Charges [One Time]Rs 0
    Demat AMC [Yearly]Rs 250 (Free for 1st year)
    Margin MoneyNot required

    For account opening, you need to pay nothing as account opening with IIFL is completely free. Even the AMC on the trading account has been waived off and there is no annual maintenance fee for the trading account too.

    Moreover, the annual maintenance on the Demat account has also been waived off for the first year of opening the account, and only from the second year, do you have to pay a nominal AMC of Rs. 250 per year.

    There is even no margin money requirement. You can use the margin facility without keeping any deposit amount.

    Looking for the best broker with the most affordable brokerage charges, evaluate the brokerage with the IIFL Brokerage calculator and make your decision.


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    India Infoline or IIFL Transaction Charges

    Below mentioned table gives you information about transaction charges of IIFL or India Infoline:

    Transaction Charges
    Equity DeliveryRs 335 per Cr (0.00335%)
    Equity IntradayRs 335 per Cr (0.00335%)
    Equity FuturesRs 195 per Cr  (0.00195%)
    Equity OptionsRs 5300 per Cr (0.053%) (on premium)
    Currency FuturesRs 210 per Cr (0.0021%)
    Currency OptionsRs 5100 per Cr (0.051%) (on premium)
    CommodityGroup A – Rs 280 per Cr (0.0028%)

    The transaction charges that IIFL Levy on the transactions done by the traders varies as per the trading segment. Suppose you are trading Equity Delivery then you have to pay Rs. 335 per crore or 0.00335% of the transaction value.

    Then for equity intraday, it is the same again. While for equity futures it is lower that is Rs. 195 per crore or 0.00195%. Similarly, there are other segments, for which the transaction charges rate has been given in the table above for your reference.


    IIFL Other Charges

    Get details of various other charges levied by India Infoline:

    SegmentsCharges
    Reactivation ChargesRs 20 per instruction
    Account Closure ChargesRs 20 per instruction
    Dematerialisation ChargesRs 17.7 per certificate
    Pledge CreationRs 10
    Pledge InvocationRs 10
    Margin Pledge/Unpledge/ Pledge closureRs 15
    Margin RepledgeRs. 12.5 + Rs. 12.5 (Rs. 25 per scrip)

    These are the charges which increase the cost of trading and thus you need to evaluate these charges thoroughly. IIFL charges reactivation charges of Rs. 20 per instruction and also the same amount for account closure charges.

    If you want to dematerialize your share certificates, then you need to pay Rs. 17.7 per certificate. For pledge creation and invocation, the charges are Rs. 10 for both.

    If you want to avail margin pledge facility or unpledged or even if you want to do pledge closure, then you need to pay Rs. 15. Finally, for margin repledge the charges are Rs. 12.5  plus Rs. 12.5 or Rs. 25 per scrip.


    Additional IIFL Other Charges

    Plan nameInvestor PlanPremium PlanSuper Trader Plan
    (Online Plus)(Dedicated RM )(Pro Traders)
    Minimum MarginRs 0Rs 0Rs 0
    Monthly subscriptionRs 0Rs 0Rs 999
    Commodity Options (Per lot)
    GoldRs 125Rs 150Rs 80
    SilverRs 80Rs 100Rs 50
    Crude OilRs 80Rs 100Rs 50
    CopperRs 65Rs 80Rs 50
    ZincRs 65Rs 80Rs 50
    Gold MiniRs 10Rs 15Rs 5
    Annual Charges
    Account Opening Charges (one-time)Rs 0Rs 0Rs 0
    First Year Annual MaintenanceRs 0Rs 0Rs 0
    Annual Maintenance (from 2nd year)Rs 250Rs 250Rs 250
    Extra Others Charges
    DP transaction charge CreditRs 0Rs 0Rs 0
    DP transaction charge DebitRs 25Rs 50Rs 10
    Delayed payment charge (p.a.)18%18%15%
    System & Risk square offRs 100Rs 100Rs 0
    Call & TradeRs 0Rs 0Rs 0
    Demat/ Remat ChargesRs 15Rs 15Rs 15
    Payment Gateway ChargesRs 0Rs 0Rs 0
    Conversion of MF units/ Destatementization Per SOARs 0Rs 0Rs 0
    Reconversion of MF units in to SOA or Redemption/ Restatementization Per SOARs 0Rs 0Rs 0
    Re-issuance of (Additional) New DISRs 100Rs 100Rs 100
    Postal Charges for physical dispatchRs 40Rs 40Rs 40
    Pledge charge (Broker Margin Funding)Rs 50Rs 50Rs 50
    Courier/ physical printing (when requested)Rs 100Rs 100Rs 100

    Additional Other Charges

    The additional charges levied by IIFL also differ as per the plan for brokerage chosen by you. The additional charges include monthly subscription charges which are applicable for the Super Trader plan and you need to pay Rs. 999 monthly.

    Then for trading commodities, there are some additional charges which also differ as per the plan chosen.

    As you can refer to the table above, these charges are higher for the basic plans while diminished when you chose a premium plan.

    The additional charges also include DP transaction charge debit which is Rs. 25 for the investor plan, then reduces for the Premium plan and further goes down to Rs. 10 for the super trader plan.

    For system and risk square off, there is a fee of Rs. 100 for the investor and premium plan while it is nil for the super trader plan.

    So, accordingly, you can see the additional charges also vary, and while trading,  you need to keep these charges in mind, otherwise you cannot anticipate the right return.


    IIFL Regulatory & Government Charges

    SegmentsCharges
    SEBI Turnover Charges0.0001% (Rs10/Crore)
    STTEquity Delivery: 0.1% on both Buy and Sell
    Equity Intraday: 0.025% on the Sell Side
    *Equity Futures: 0.01% on Sell Side
    Equity Options: 0.05% on Sell Side(on Premium)
    Commodity Futures: 0.01% on sell side (Non-Agri)
    Commodity Options: 0.05% on sell side
    Currency F&O: No STT
    On Exercise transaction: 0.125%
    Right to entitlement: 0.05% on sell side
    Stamp Duty(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)
    GST18% on (Brokerage + Transaction Charge + SEBI Fee)

    The statutory charges include SEBI charges of 0.0001%. Then there is STT which is 0.1% on equity delivery, on both sides. Then for equity intraday, it is 0.025 % on both sides.

    For equity futures, it is 0.01% on the sell-side. Similarly, for other segments also there are STT charges and it is an inevitable charge that every investor and trader has to pay.

    Apart from these two charges, there are Stamp duty and GST as well. While GST is fixed at 18% on the total amount of Brokerage plus transaction charges plus SEBI fee, the stamp duty varies highly as per the segments and also according to the state you are trading from.


    IIFL Brokerage Charges – Conclusion

    While trading stocks and other assets with IIFL, one thing you can be assured of is that is very nominal and easy-to-understand brokerage plans.

    As you can see above, the brokerage plans are very plain and simple and not pricy at all.

    However, for the right analysis and anticipation of profit and returns, you need to consider all the other charges, additional charges, statutory charges, and transaction charges thoroughly.


    IIFL Brokerage Charges FAQ

    Here is the list of FAQs related to the IIFL brokerage charges:

    Does IIFL Charge Brokerage?

    Yes, IIFL does indeed charge a brokerage fee for investment in any financial segment. There are only a couple of stockbrokers in the market, who do not charge anything for brokerage. IIFL is however not included in the list, and it charges brokerage on a per rate basis, excluding the segment – Equity Delivery.

    What are IIFL Brokerage Charges?

    IIFL traders have to pay a flat fee of Rs. 20 per order. You do not have to pay any different brokerage fees for different segments as it is the same across the segment. However, for the equity delivery segment, there are no charges at all.

    What is the Intraday Brokerage of IIFL?

    The brokerage fee for intraday trades is Rs. 20 per order. It is a flat fee brokerage house that charges the same fee across segments.

    What Other Charges were levied by IIFL?

    There are a bunch of other charges levied by the company other than brokerage, i.e. the AMC, account opening charge, margin amount, and other miscellaneous charges such as account closure, reopening, margin funding, and others. Also, there are transactional charges, STT, Stamp Duty, turnover charges, GST, and government charges.

    Is IIFL a discount broker?

    IIFL is not a discount broker, but rather a full-service broker that provides end-to-end financial solutions for its customers. They carry all the stockbroking services including research and analysis services and provide them to their clients through sub-brokers or online channels.

    Does IIFL have Free Delivery?

    Yes, the equity delivery segment is provided to the clients for investment free of cost. To match the current market trend, the broker has waived off any such charge for this segment.

    How much does IIFL Charge for Options?

    As IIFL is a flat–fee brokerage house, there is no distinguishing element in brokerage charges across the segment. IIFL charges Rs. 20 per order for options as well.

    What are IIFL Transaction Charges?

    The transaction charges of IIFL are as follows –

    • For Equity Delivery – Rs 335 per Cr (0.00335%)
    • For Equity Intraday- Rs 335 per Cr (0.00335%)
    • Equity Futures- Rs 195 per Cr (0.00195%)
    • For Equity Options- Rs 5300 per Cr (0.053%) (on premium)
    • For Currency Futures- Rs 210 per Cr (0.0021%)
    • Currency Options- Rs 5100 per Cr (0.051%) (on premium)
    • For Commodity – Group A – Rs 280 per Cr (0.0028%)

    What is the Demat AMC in IIFL?

    The annual maintenance charge for IFFL Demat account is Rs. 250 per year. However, you have to pay this amount only from the second year after account opening. There is no AMC for the first year.

    Is IIFL Brokerage Free?

    IIFL does follow one policy, where it waives off the brokerage as a whole. We mean to say, it has waived off the Equity Delivery fee, which is done by a lot of stockbrokers, including the market leaders.

    What is the brokerage charge in IIFL?

    For equity delivery, you need to pay Zero brokerage and for other segments, the brokerage charge is Rs. 20 per order.

    How to calculate brokerage in IIFL?

    You can calculate the brokerage cost by multiplying the number of orders placed by Rs. 20 for each order. You also have to add the transaction charges, statutory charges, and other charges which are applicable to find out the actual or final cost of your trading.

    Is the IIFL Markets app safe?

    Yes, the IIFL Market app is one of the trending stock market apps in the industry. It has features like a quick trade, multiple customization options, and a lot more. It is highly safe as it follows and adheres to all the online trading security measures and provides great encryption facilities.

    What are the annual maintenance charges of IIFL?

    The annual maintenance charge of IIFL is Rs. 250 per year from the second year onwards for the Demat account. While for the trading account, there is no AMC at all.

    How do I avoid DP charges in IIFL?

    Yes, you can avoid the DP charges in IIFL if you execute intraday trades or trade futures. If you take delivery of the shares you have traded, then you have to pay DP charges. However, for BTST trades, with IIFL, you do not have to pay any charges too.

    What are DP charges in IIFL?

    DP transaction charges credit is Zero for IIFL clients however, DP transaction charges Debi varies as per the plan you have opted for. For the investor plan, it is Rs. 25 while for the premium plan it is Rs. 15, and Rs. 10 for the super trader plan.

    What is the minimum balance in IIFL Demat account?

    You need to keep at least Rs. 10000 in IIFL Demat account as margin money for trading and investing shares and other asset class

    How do I redeem my mutual funds on IIFL?

    You can redeem your mutual fund units on the IIFL platform by –

    • Logging into the IIFL mutual fund app or the terminal you use for trading
    • Then open your portfolio section
    • Choose the mutual fund units you want to redeem
    • Enter the number of units you want to redeem and
    • Click on the redeem option

    How do I transfer money from IIFL to a bank account?

    For transferring money from IIFL to your bank account you have to –

    • Log in to the IIFL website and click on the Trade option
    • Then go to my accounts tab and select the fund transfer option
    • Then click on ‘ Funds pay in – product – select bank account
    • Enter the account number of the select the same (bank account linked with the Demat and trading account)
    • Then enter the amount you want to transfer and click on the ‘Pay in’ option

    What is the IIFL Special Opportunities Fund?

    IIFL Special opportunities fund is a mutual fund that is a close-ended scheme. It falls under the Alternative investments fund of Category II. It was launched with the motto to generate long-term capital gains and witness appreciation in capital invested.

    What are IIFL commodity brokerage charges?

    The commodities at IIFL can be purchased and traded for Rs. 20 per order. There is no minimum or maximum units or volume there, you can trade any units within one order.

    What are Futures and Options charges in IIFL?

    For trading futures and options with an IIFL account,  you need to pay Rs. 20 per order as well like all other segments.


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