IIFL Capital Services Limited (hereinafter referred to as "IIFL") has established the qualification standards and terms for clients to open a wealth management account through IIFL Wealth Management. Clients must carefully read and confirm whether they meet the account opening eligibility criteria. If the client agrees to all the terms, they should check the "I agree and accept" box to complete the account opening.
IIFL Wealth Management Limited provides comprehensive wealth management services, streamlining the account opening process and supporting paperless operations. Our services include the following unique features:
- OTC Market Trading & Investment: IIFL's professional team assists clients in negotiations and contract signing to secure premium investment opportunities, catering to the diverse needs of high-net-worth clients.
- Pre-IPO Subscription: We offer exclusive subscription channels for hot Pre-IPO projects, leveraging professional negotiations to secure optimal subscription quotas and significantly increase the chances of allotment.
- AI Quantitative Trading Funds: Utilizing artificial intelligence and big data analysis technology, we dynamically optimize portfolio allocations to achieve stable and superior returns in fund operations.
- Account Activation & Security: Accounts will remain inactive until all account opening procedures are completed, ensuring transaction security, and will be activated only once all steps are fulfilled.
- KYC Requirements: If the KYC documents or photos submitted by the client do not meet IIFL's verification standards during the account review process, the account opening application may be rejected.
- Account Application Review: If the client is prohibited from trading or is under investigation by the Securities and Exchange Board of India (SEBI) or other regulatory bodies, IIFL reserves the right to reject the account opening application. This decision will be final and binding. IIFL does not guarantee that the account opening application will be approved, and the company reserves the right to reject the application without providing any reason.
Authorization and Confirmation
The client understands and confirms that, in order to establish a client-broker relationship with IIFL Securities Limited and avail of the services, the following conditions must be met:
- Data Usage Authorization: The client authorizes IIFL to legally access necessary document information (such as Aadhaar, PAN cards, etc.) to complete the compliance review process.
- Service Terms Acknowledgment: The client understands and accepts that IIFL reserves the right to adjust services based on regulatory requirements, and that no investment product guarantees principal protection.
- Risk Acknowledgment: The client confirms they are fully aware of the risk characteristics of products such as OTC, Pre-IPO investments, and AI quantitative funds, and agrees to independently bear the responsibility for investment decisions.
- Information Accuracy Guarantee: The client guarantees that all account opening information (including KYC documents) provided is truthful and valid and agrees to update any changes promptly.
- Asset Custody Agreement: The client agrees that all investment assets will be managed in IIFL's designated custodian account.
- Tax Compliance Commitment:
- The client ensures that all investment funds are sourced legally and compliantly
- The client commits to fulfilling tax reporting and payment obligations when funds transactions reach the reporting threshold set by tax authorities
- The client confirms they are a tax resident of India (both their place of birth and tax residency are in India) and that FATCA & CRS declarations are not applicable
Broker Proprietary Trading Disclosure:
In accordance with SEBI Circular SEBI/MRD/SE/Cir.42/2003 dated November 19, 2003, IIFL discloses that we do not engage in proprietary trading.
Registered Office Address: IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane - 400604.
Corporate Office Address: Hubtown Solaris · Office No 1, Ground Floor, NS Phadke Marg, Vijay Nagar, Andheri East, Mumbai - 400069.
IIFL Capital Services Limited (formerly India Infoline Limited) has a legacy of nearly two decades in retail broking and financial product distribution. It is also a leading investment advisory firm in India, offering diversified financial services and products to corporations, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, trusts, high-net-worth individuals, and retail investors.
*Stock Broker SEBI Regn.: INZ000164132 *Depository: INDP185 2016 *MF Distributor ARN: 47791, *PMS SEBI Regn.:INP000002213, *Investment Adviser SEBI Regn.:INA000000623,*Research Analyst SEBI Regn.: -INH000000248
CIN number: L99999MH1996PLC132983
About IIFL Wealth Management:
IIFL Wealth Management is a professional wealth management company under the IIFL Group, focusing on providing comprehensive financial solutions to qualified clients, high-net-worth individuals (HNI), and ultra-high-net-worth individuals (UHNI). Our team consists of experienced investment professionals, financial advisors, and asset management experts, committed to offering customized wealth management services.
Final Confirmation Terms
By clicking "Agree", you confirm that you have read, understood, and accepted all the above terms and conditions and authorize IIFL Wealth Management to open a wealth management account on your behalf.