[Resolved]  India Infoline Finance [IIFL] — not getting the pay out (receiving the money)

Address:Bangalore, Karnataka, 560076
Website:www.indiainfoline.com

Hi all,

I am going through with very bad experience with india infoline. Due to my personal commitment i was looking for some money.. Because of that i have asked india infoline (Rm) to sell my stock and initiate the pay out. After selling they are not initiating the pay out for 3-4 days.. Every time they are saying you will get the money in next day. When i follow up next day then team is saying there is no pay out..

It seems that they have different intention... It may be the interest of they are expecting based on client money, if they hold money for longer period then they can earn more interest...

By the way due to this kind of treatment from india infoline i was unable to meet the commitment that it is badly impacted..

How to penalized?

It has to be audited and investigate.

Regards,
Debraj
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Apr 27, 2018
Complaint marked as Resolved 
India Infoline Finance [IIFL] customer support has been notified about the posted complaint.
Verified Support
Mar 27, 2018
India Infoline Finance [IIFL] Customer Care's response
Dear Sir,

We have a high standards of quality staff who serves the customers at the best in the Industry. We would look forward to speaking with you and working towards earning back your relationships with IIFL. Requesting you to share your Login ID and Contact no. to reach out to you soon.

Regards,
Team IIFL.
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