Dear sir, 01/02
there are certain rules and regulations of NSE /SEBI which are followed by every stock brokers but INDIA INFOLINE is cheating its clients in the following manner
1 NSE reduced transaction charges from 01/09 but IIFL is charging old rate
which higher by 0.25%
2 IF U pay the cheque to IIFL FOR CLEARING debit dues and for any technical reason it
returned unpaid IIFL debit 500/- for it.though it is already charged by your banker.
3 the interest charging by IIFL on debit balance is 24% but actually when it is
calculated as per bank norms it comes out to be 30%
4 NO OTHER BROKERING FIRMS ARE CHARGING INTER SETTLEMENT CHARGES
BUT IIFL CHARGING IT FROM 100/- PM TO 250/- PM
5 NO BROKERING FIRMS ARE CHARGING CDSL CHARGES BUT IIFL CHARGING IT FROM 50/- PM TO 150/- PM
6 Even complaining to NSE no action was initiated as IIFL manage NSE AUTHORITY
and always obliging them
7 IIFL is collecting excess taxes fixed by NSE but remitting to NSE as per prescribed rate
and thus cheating customers.name of taxes are TRANSACTION CHARGES, SECURITIES
TRANSACTION CHARGES AND REGULATORY CHARGES
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