There are many financial services firm in the market. Like Indiainfoline.com, angel broking, share khan, jhawery, etc. one of them the name is IIFL is a one of the leading player in the market. IIFL has been awarded the ‘Best Broker, India’ by Finance Asia and the ‘Most improved brokerage, India’ in the Asia Money polls.
India Infoline was also adjudged as ‘Fastest Growing Equity Broking House’. Using cutting edge networking technology all their office connected with main office which is in Mumbai. Their official site is www.indiainfoline.com.
It is a leading player in the market who provides better facility to their client base. They have products like Equities and derivatives, Commodities, Wealth management, Asset management, Insurance, Fixed deposits, Loans, Investment Banking, bonds and other small savings instruments. They recently received trading membership from Singapore exchange (SGX).
It is their achievement because IIFL is a first company who receive membership from SGX. Their research is also from Bloomberg, Thomson First Call and Internet Securities where it is amongst one of the most read Indian brokers.
They also have a network of about 2500 business location and over 500 cities and town across the India. This state that they have a large number of customer bases. All their offices also connected through main office which is in Mumbai.
Product and Services
IIFL is listed in BSE, NSE, NSDL, and CDSL as a depository participant. It provides brokerage services like cash, derivative, currency part in online and offline. It also a member of MCX & NCDEX. Through it they are offer commodities to customers. It also provide secured loan like mortgage loan, margin funding, loan against share etc. The Company has deployed proprietary loan-processing software to enable stringent credit checks while ensuring fast application processing.
Recently the company has also launched Loans against Gold. Insurance is also a service of IIFL and its agent ICICI life insurance and prudential after that it become insurance broker. Now, company offers many insurance companies’s product. It also provides high net worth individual to manage their wealth.
Another service of IIFL is investment banking team possesses the skill-set to manage all kinds of investment banking transactions. The compny’s close interaction with investors as well as corporate helps them to understand and offer tailor-made solutions to fulfill requirements.
Activities of IIFL Foundation
1) Barsana eye camp
In February 2010, IIFl sponsored eye camp in barsana with the help of expert doctor and surgeons from the Bhaktivedanta Hospital in Barsana near Mathura. Over there 2600 people done eye test and among those 800 selected for free eye surgery.
2) Pandharpur medical camp
Bhaktivedanta Hospital in July 2010 at Pandharpur medical camp was organized. 49,815 pilgrims who had come to Pandharpur during Ashadi Ekadashi and took this facility of IIFl.
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