IIFL Securities or Indiainfoline is a member of NSE and BSE and registered as a depository participant with NSDL and CDSL. Known for offering brokerage services, it has now offered a Tab based advisory platform, IIFL AAA having comprehensive and relevant features.
IIFL was set up in 1995 and opened a business partnership venture in 2003. After establishing a business partnership the firm is growing exponentially.
The firm offers a large variety of trading and investment products and services or portfolio management. Its vast products and services made it one of the best choices of sub-brokers.
IIFL AAA tablet is a full-fledged library of information and research. It enables the business partners to sell mutual funds, health insurance, fixed deposits, IPOs, NPS, and market products like AIF, PMS, Life insurances.
Along with this, the partner can:
Monitor his performance from the revenue generated
View customer portfolio
Do financial planning
Stay updated with the market updates.
Along with this, the IIFL tab can bring better efficiencies and services that further helps in making seamless transactions, and end-to-end paperless journey.
The product is featured with AI technology. The powerful chatbot helps partners to solve the queries and host the marketing materials that help in building and growing businesses.
IIFL AAA App
On partnering with the IIFL AAA, a Zoho tab will be provided to you. You can access the app by login to it using your CRM ID and Password.
Here are the steps used to access the app:
Go to Settings and then Account.
Under the account, click on Add Account.
Configure your existing iiflpartner.com account.
Following this go to the Google Playstore, download the IIFL AAA app and then download the IIFL Academy Application.
Open the AAA application and log in using your TT manager ID and password.
IIFL AAA Login
Want to login to the IIFL app, you can easily get it done by entering your user id and password.
Here are different user id for different types of users:
For RMs, the user id is employee code/ TT manager login id
For FAN the user id is TT manager login id. In case you forgot your ID contact your RM.
For Sub brokers user id is the CRM login id.
If you forgot your password, then you can easily retrieve by clicking on the Forgot Password and following the further instructions.
IIFL AAA Advisor
Wondering why to partner with IIFL!
Well, it gives a bundle of reasons like:
It is the first tab-based advisory platform that offers a one-stop solution to entrepreneurs.
In all, AAA is a portable office with the impressive front office, back office and middle office provided in one single tab.
It helps in doing instant and paperless client on-boarding.
It offers high-quality learning videos that enhance your share market knowledge
How to Become IIFL AAA Advisor?
For all those who are willing to become an independent financial advisor can proceed by just filling up a few details; Name, Mobile Number, State, City, etc.
Finally, the sub-broker code is being generated that you can use to start your business as a partner.
Documents Required to Become IIFL AAA Partner
To become an authorized partner you have to submit a copy of important documents enlisted below:
SEBI registered certificate
Academic Qualification Certificate
Security Deposit Cheque
Infrastructure investment proof.
IIFL AAA Commission
IIFL has analyzed the role of sub-brokers in taking the business towards heights. Taking about the commission or the revenue share ratios, it is almost similar to other broking businesses.
Here are some of the points that help you know about the revenue sharing ratio:
As a sub-broker, it becomes your duty to fulfill your responsibilities and functions honestly.
Since the sub-broker plays a very vital role in the growing business of the brokerage firm, IIFL offers 75% of revenue to sub-brokers. No other firm offers such a good amount of commission to its sub-brokers.
So on average the commission earned by the IIFL from the Sub-broker and the authorized person is 40% & 25% respectively.
So you can earn more by adding more clients to your list. So start giving the advice now and start generating more revenue.
IIFL AAA Security Deposit
Another reason that IIFL gives to the sub-broker to partner with them is the minimum security deposit.
Earlier IIFL AAA demands a minimum security deposit of Rs. 25,000 which increases with the increase in the revenue and client base.
This amount has now brought to the least value of Rs. 15,000 which is of course refundable and is refunded on the termination of the agreement.
The amount deposited initially is actually the insurance amount for the principal brokers in case if any sub-broker fails to pay the margin money with any statutory regulations.
Why Register for the IIFL AAA?
Well, many of you might get influenced to become a partner and get access to IIFL AAA, here are some more reasons that encourage others to be a sub-broker with IIFL.
1. The best reason to register with the IIFL AAA is to reduce the dependencies and to carry out your advisory business in a seamless manner.
2. It helps many of you to fulfill your entrepreneurial dream.
3. Moreover, the IIFL is known for its creativity and innovative ideas thus giving the chance to sub-broker to come up with their own customized solutions.
4. The firm is already established and known by many which makes it easy to attract customers.
5. It offers complete marketing support to its customers that make easy for partners to stand strong in the initial and later phase of the business.
6. The company offers large products and services that in turn bring forward a lot of business opportunities for the sub-brokers.
7. It has efficient and user-friendly trading platforms that make the task easy.
8. Along with the Research & Advisory Support the sub-broker franchise offers a dedicated relationship manager to its sub-broker that manages tasks efficiently.
Frequently Asked Questions
1. Why the app ask to login again and again?
The IIFL AAA ask to login again and again. This is because of the inbuilt feature in which the app logs out automatically if the user is not active for 30 minutes. You can change this setting by clicking on the option More>Settings>Time out Session After.
2. What if I am unable to open the AAA app?
If you are a sub-broker then you can open the ‘ME MDM’ app in the tab then click on App Catalog, AAA, Install or Open. If still facing difficulty then contact the Tech Support.
If you are RM/Franchisees then open the Google Play Store, search for the AAA app, click on Install or Open. For more assistance get in touch with the Tech Support.
3. Can I download the app on other devices?
No, the app is only available on the private google play store and thus cannot be downloaded on any other device.
4. What if my account gets blocked by entering the wrong password?
On entering the wrong password, the account gets blocked for 15 minutes. So wait for 15 minutes to reset your password.
5. How to reset my password?
To reset the password, click on Forgot password on the login screen.
RM and FAN must enter their CRM password and then enter the OTP received,
If you are MA then type the first name, last name and then OTP.
6. Can IIFL AAA have sub-broker based in different cities?
Yes, a sub-broker can be based in any city other than the headquarter city. In simple terms, the sub-broker is to represent the local IIFL branch or office of the IIFL.