India Infoline ltd
UNFAIR, UNJUST, ARBITRARY, DISHONEST IIFL RISK POLICY

This is unclear, clouded, unjust and unreasonable that the IIFL never

give the clear and just information regarding the risk policy to there

customer, as i am your customer since last 2 years, and as i was informed

by your broking house authority that i am entilled to take debit

exposore below 50% of my holding value.but it is very unfortunate that

even maintaining exposure/debit amounting to 50% of my value very

often my possition was square up within any information to me, secondly

whenever i could not trade for continues 10 days in such also my

possition was sqaue up for petty amount of debit in account, moreover

now i came to know that my possition will square up if there is

outstanding/debit lyinging my account for more then 5 days.

This is very shocking that IIFL do not have any certain risk policy

but for there personal gain squaring up the possition of the customer

within permissive limit, inspite of receiving interest from the day one

of the debit/outstanding.

If a broking house do not look aftwer the interest of the bonafide

customer and/or do not disclose it fair risk policy the customer will

be contained to shift to other reliable, honest, and competent broking

house as i have seen decline in the IIFL customer base since last 2

years.

I therefore request the IIFL to come with fair, resonable and just risk

policy else they will lost trusof bonafide customer and the day is not

far when it will not find any custome

Company: India Infoline ltd
Country: India
State: West Bengal

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