• BAJAJ FINANCE LIMITED : Interest rates revised on all tenors will be applicable from 5th April'2014 with New Scheme Codes & Launch of an new attractive bucket of 15 months w.e.f 05th April'2014.
  • With reference to the notification dated 26th March’14 issued from Ministry of Corporate Affairs (MCA) notifying relevant sections of the Companies Act 2013, pertaining to acceptance of Fixed Deposits from public w.e.f. 01/04/2014.In view of the new regulations, all the existing manufacturing company fixed deposit schemes have stopped accepting both Fresh & Renewals deposits, till they comply with the new regulations.
  • Damodar Industries Limited have started accepting Fresh / Renewal Fixed Deposit from the members/public as per the Companies Act,2013 and Companies (Acceptance of Deposit) Rules 2014. Advertisement of the fixed deposit has published on Free Press and Nav Shakti News Papers dt. 25.06.2014. Schem (Non Cumulatve ) - Interest payable quarterly - ( Tenure - 12m-11.00% / 24m-11.50% /36m - 12.00% . Senior Citizens - Addln rate @0.50%. Minimum Deposit - Rs. 5000.
  • Gati Limited-Starts Acceptance of Fixed deposits w.e.f 8th August'2014 for 1 year -11%,2 years-11.5% and 3 years-12%.Interest payable quarterly (Non cum) and Int comp. quarterly (Cum).Min.Amt-21000.Addln 0.50% for Sr.Citizen,Shareholders & Employees.All holders Pan card copy & cancelled cheque required.
  • Prism Cements Ltd have started accepting FDs w.e.f 2nd Aug’14 for 1 & 2yrs @10.25%. Int payable qtrly.Cum Eff .yield :1yr @10.65% & 2yr @11.22%.Min Amt.10000.All Holders Pan copy & 1st holders cancelled cheque reqd.
  • Revision in Interest rates for STFC & SCUF-Unnati - FD Scheme w.e.f. 20th Aug'14.Revised new rates are 1y:9.25%,2yr:9.75% & 3 to 5 yr:10.50%.Addln rates for Sr. Citizens @0.25% .
  • Muthoot Finance NCD X Issue-Public Issue of Secured & Unsecured NCDs.Issue Size-400 Crores(including green shoe option).Issue Opens 18th August'2014.Rating AA-/Stable by ICRA.Issuance both in Physical & Demat Mode.Coupon Rate upto-11.50%p.a.Tenure-Secured-400 days,2,3,5 years & Unsecured-78 months.Interest payout - Monthly/Annual.Minimum Amt-Rs.10000 (10 NCDs) & multiples of Rs.1000.
  • D S Kulkarni Developers Ltd NCD Issue-Public Issue of Secured Redeemable & Non-convertible bonds-Issue Opens on 4th August'2014 & Closes on 26th August'2014.Rating BBB+ by CARE.Coupon for 36m-Qtrly-12.5%,72m-Annual-12.65% & 84m-12.75%.Face Value of Rs. 5000 for Option I,II & IV & Rs.25000 for Option III.
  • Snowman Logistics Ltd-IPO,Issue Opens-26th August'2014 & Closes-28th August'2014.IPO Grade-Grade 4/5 by CRISIL indicating “Above Average Fundamentals".Face Value-Rs.10/-.Price Band-Rs.44/- to Rs.47/-.Lot Size-Minimum 300 Equity Shares into multiples of 300 Equity Shares .Total Issue Size Rs.184.80 crs (at the lower price band) & Rs.197.40 crs (at the upper price band).
  • ICICI Prudential Value Fund - Series 5-(Close-ended) - Scheme Opens 22nd August'2014 to 2nd September'2014.
  • Reliance Dual Advantage FTF - VI Plan B ( Close-ended) - Scheme Opens 13th August'2014 to 27th August'2014.
  • ICICI Prudential CPOF - Series VI-1100 days-Plan F(Close-ended) - Scheme Opens 06th August'2014 to 20th August'2014.
  • ICICI Prudential CPOF Series VI - 1100 Days - Plan G ( Close-ended) - Scheme Opens 12th August'2014 to 26th August'2014.
  • Reliance Japan Equity Fund - (Open ended) - Scheme Opens 08th August'2014 to 20th August'2014.
  • Axis Hybrid Fund - Series 14 ( Close-ended) - Scheme Opens 12th August'2014 to 22nd August'2014.
  • DWS Hybrid FTF - Series 28 (39 months)-( Close-ended) - Scheme Opens 20th August'2014 to 26th August'2014.
  • Reliance Capital Builder Fund - Series B-( Close-ended) - Scheme Opens 12th August'2014 to 26th August'2014.
  • Religare Invesco Corporate Bond Opportunities Fund - (Open-ended) - Scheme Opens 14th August'2014 to 28th August'2014.
  • DWS Hybrid FTF -Series 26 (1099 Days) - (Close-ended) - Scheme Opens 19th August'2014 to 2nd September'2014.
  • LIC Nomura MF Diversified Equity Fund - Series 1 - (Close-ended) - Scheme Opens 19th August'2014 to 2nd September'2014.


  • D. S. Kulkarni Developers Ltd.
  • Kosamattam Group

Product Offerings

Fixed Deposits (FDs)

Fixed Deposits

Fixed Deposits in Companies earn a fixed return over a period of time. Financial institutions , Non-banking Finance Companies (NBFCs) and Housing Finance Companies (HFCs) also accept fixed deposits. It is governed by the Companies Act u/s 58A.FDs are unsecured which makes it risk-prone investment option. 

However benefit of investing in FDs at High Interest rates, shorter tenure and no TDS if the interest income is upto Rs.5000/- in a financial year.

Mutual Funds (MFs)

Mutual Fund

A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The income earned through these investments and the capital appreciation realised are shared by its unit holders in proportion to the number of units owned by them. 

Thus a Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost.

Capital Gain Bonds

Capital Gain Bonds

Capital bonds are being issued as 'Long term specified assets' within the meaning of Sub- Section 54-EC of the Income Tax Act, 1961. Those desirous of availing exemption from capital gains tax under Section 54 EC may invest in these bonds. 

Capital gains arising from transfer of Long-term capital assets can be invested in these bonds within a period of six months from the date of transfer of the asset for getting exemption from the capital gains tax.Eg-REC & NHAI Bonds

Tax Free Bonds

Tax Free Bonds

Tax-free bonds are debt instruments that pay income that is exempt from federal and/or state income taxes. Tax free refers to certain types of goods and/or financial products (such as municipal bonds) that are not taxed and with earnings that are not taxed. 

The tax free status of these goods and/or funds may incentivize individuals and business entities to increase spending or investing, resulting in economic stimulus. Governments will often provide a tax break to investors purchasing government bonds to ensure that enough funding will be available for expenditure projects.

NCD (Non-Convertible Debenture)


NCD (Non Convertible Debentures) is essentially a debt instrument with a fixed tenure that pays a certain rate of interest monthly, quarterly, annually or at the end of the tenure. 

The money invested is returned either over the tenure of the investment or at the end of the tenure (referred to as bullet payment). These are certificates issued by companies to raise funds through the public issue. These instruments cannot be converted into equity shares and usually carry higher interest rates than the convertible ones.

8 % Tax Saving Bonds

8 % Tax Saving Bonds

The Government of India 8% taxable saving bond 2003, is an instrument for those investors who are seeking a secured return with almost no risk. It is not a good option for those investors who are looking for capital appreciation or high and risk free returns



An Initial Public Offer is the selling of securities to the public in the primary market. It is the first time a company offers shares of stock to the public. Smaller, younger companies seeking capital to expand their business often consider venturing in IPOs. It is also referred to as a "Public Offering."

Private Placement Bonds

Private Placement

Private Placement is a way of raising capital through an offer for subscribing to securities by a select investor class such as banks, mutual funds, insurance companies and pension funds. Since here the securities are not made available for subscription to public at large in the open market but only to select specific investors, it is known as private placement.

Capital invested in a company that is not publicly traded on a stock exchange is known as Private Equity. It involves investors directly making investments into a private company or conduct buyouts of public companies resulting into the delisting of the public companies or significant minority investments in Public Companies holding non-tradable (i.e. Locked in) Equity. Capital for investment is usually raised from the institutional investors.


To Register As Sub-Broker With IIFL

Please fill up the form below and will get in touch with you shortly.

empanelment forms

Download form for
Marketing Associate
Download form for
Corporate Associate
Required Documents for
  • Tax_Reckoner