IIFL Securities: account opening process online, fees, forms

To open a Demat account with IIFL, you need to visit their broker website and click on 'open account'. It will then take you to a page asking for your necessary details. After filling them correctly and pressing submit, you will get a call on the registered number from an executive for confirming the OTP.

Once that is done, you would be required to submit the KYC (Know your customer) documents ie. Pan card, address proof, a canceled cheque, and a passport-sized photograph.

Upon the verification of your documents, your account will be enabled and free to use.