India Infoline or IIFL is one of the leading brokerage firms offering retail and institutional services for years. It is the full-service stockbroker registered with SEBI and the depository participantCDSL and NSDL.
It has more than 900 branches across India and has an international presence too. Being a customer of India Infoline, it offers investors to trade in different products listed on NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
Apart from these, it also allows trading in commodities as the firm is registered with the commodity exchange MCX (Multi Commodity Exchange) and NCDEX.
IIFL launched a new product in May 2019 named – IIFL AAA (Advisor. Anytime. Anywhere). As the name suggests, a AAA by IIFL helps you establish advisory services that further allow you to trade easily with no place or time restrictions in place.
Based on the application in a Zoho tab, here is the detailed review of the IIFL AAA Tab.
IIFL AAA Tablet
Becoming an IIFL partner under the AAA banner, you are provided with a AAA Tab to facilitate your activities as an advisor. It is a complete library of research, information, and analysis.
IIFL AAA Tab eases the advisor’s work in placing orders for mutual funds, SIPs, equity, health insurance, fixed deposits, NPS, IPOs, etc.
Further, the advisor is equipped to monitor the investments and their performance, plan the finances, keep an eye on the market movements, and view the customer portfolio.
IIFL AAA Tab uses an AI (Artificial Intelligence) technology. It is a useful aid in executing trades, end to end paperless journey, and seamless transactions.
The tab also increases the user’s mobility and accessibility of the stock market best information. Let’s discuss its advantages. They are as follows:
Low investment advisor plan.
No infrastructure requirements.
Trading on the go.
No time restrictions.
Easy access to research and analysis reports.
Allows trading in various financial segments like – equity, SIPs, IPOs, Fixed Deposits, Health Insurance, etc.
Powerful chatbot with a decreased turn around time.
Paper free onboarding.
A technologically advanced sales pitch to your potential customers.
No upper cap mandate.
Transparent revenue sharing.
The most significant benefit of becoming an IIFL AAA Partner is the absence of infrastructure requirements.
This IIFL product increases the ease at which you, as an associate of IIFL, can carry out the various actions related to the stock market in the IIFL AAA Tablet.
The hardware device comes with preloaded information-based software and a data card.
A few screenshots of various exclusive features operational on the IIFL AAA Tab are
Recommended Mutual Funds and the Fund Screen Feature for scheme comparison. You can easily share these comparisons.
Know about the ongoing NFOs and purchase them at one click.
Get a comparison between various health insurance schemes.
Regular information about other products available for trading and investing.
You can access regular updates on FDs from Mahindra, Shriram, etc.
Check the reports of your clients on the go.
Easy monitoring of inactive clients and risk alerts.
Monitor your performance with one click on the IIFL AAA Tablet.
Learn the various concepts with engaging and detailed videos.
You can add sub brokers and clients with ease.
You have the option to change multiple settings of the tab to ease your working experience.
Keeping a watch on the market developments has never been this easy and fun. Create watchlists to stay updated.
Under the tab of Snapshot, you’ll be able to access multiple watchlists at the same time.
Keep an eye on the multiple indices under the tab Indices.
The research reports are done by experts in the field with enhanced strategies and ideas.
You can analyze the companies in various sectors with the Valuation Matrix.
IIFL Views helps you get views on more than 500 stocks.
The tab offers you the latest news and reports to keep you updated with the useful information.
IIFL AAA Tab Price
IIFL AAA Tab costs ₹25,000, which is refundable when the agreement terminates. However, for students, the IIFL AAA Tab price is reduced to ₹15,000.
Whichever amount you pay, it is a refundable security deposit as insurance money if the broker fails to pay the margin money.
Since there is no office set up cost, the investment amount is minimized to only this refundable fee. This investment amount is nullified as soon as your agreement ends, and you get the refund amount.
The IIFL AAA Tab is an exceptional idea launched by the broker to increase its market reach and offline presence.
The AAA business model is suitable for the college to pass out youngsters (Millennials and Centennials) who wish to be an entrepreneur and homemakers, existing Independent Financial Advisors (IFAs), and professionals.
The AAA Tab is equipped with all the features an advisor might require to enhance his work experience.
The version installed on the IIFL Tab is much more advanced and equipped. Also, you need to be a AAA Partner to log in.
We hope your queries about the IIFL AAA Tab have been cleared.
Several questions must be doing rounds in your head regarding the working of the IIFL AAA Tab. Below is a small list of the Frequently Asked Questions (FAQs) about the IIFL AAA Tab.
Frequently Asked Questions
What are some of the top benefits of getting registered under IIFL AAA?
The benefits of the AAA Tab are listed below:
First tab based platform for an entrepreneur interested in capital markets.
Mobile office anytime, anywhere.
Access your performance like AUM, IR. Also, to track missed SIPs, inactive client list, etc.
Gives you access to the best in class learning videos to sharpen your fundamental, technical, and soft skills.
Use the market dashboard and watchlist to stay updated about the markets and the client services.
Sub brokers and onboard clients can access the various reports, researches, and trading features.
2. Is investing in products like Structured Products, PMS, etc., except Mutual Funds, possible through the IIFL AAA Tab?
No, You can view products offered on IIFL platforms only like PMS, Structured Product, IPO, Insurance, etc. However, you can trade in them by contacting your RM or the corresponding product team.
3. Can Aadhar Number be updated from the IIFL AAA Tab?
No, the Aadhar Number of a client can’t be updated with the help of the IIFL AAA Tab.
4. What is the security deposit for IIFL AAA TAB?
For partners, the IIFL AAA Tab cost is ₹25,000, while for students, the TAB is available at a reasonable price, and they can avail the tab at ₹15,000 only.
You can start accessing the IIFL partner portal once you become their partner and have the login details.
Just fill in the details below and you will get a call from B2B onboarding team: