Verified Support
Aug 26, 2021
India Infoline Finance [IIFL] Customer Care's response Dear Sir, Given that your DP account was with Karvy, we have now been nominated as your new depository participant by NSDL & CDSL. Your Demat account details including securities balances will remain the same, only the DP name will be changed to IIFL from Karvy. The demat accounts are transferred to IIFL in freezed mode, hence for activation (unfreezing) of the said accounts to enable the client to operate his/her demat account, client will have to submit an Application for Account Activation.
Annexure – Download the form from below link - http://content.indiainfoline.com/wc/research/researchreports/AnnexureA_Application_For_Account_Activation.pdf
Tariff Sheet - Download the form from below link -
http://content.indiainfoline.com/wc/research/researchreports/TARIFF_SHEET_Karvy.pdf
Apart from the above process, where the demat account is also freezed by any other authority, an appropriate letter / order from the authority is also required to be submitted to unfreeze the demat account.
Further client will have to submit acceptance of tariff either offline to any branch office of IIFL or directly to our Central processing Address: Plot No.B-23, Sun Infotech Park, Road No. 16V, Wagle Estate, Industrial Area, Thane, Maharashtra 400604
For activation of Demat Account and Opening Trading account with IIFL, you can visit https://wecarekarvy.indiainfoline.com and follow the steps accordingly to get the account activated or visit our nearest branch. Your Trading account will get activated and demat account will be mapped to this trading account.
Visit the below link to locate your nearest Branch-
https://locate-us.iifl.com/stock-broker/
You can call us at[protected] or write to us at [protected]@iifl.com for any query .
Warm Regards,
Sapna
IIFL
Sapna
IIFL