Sir, I have my account with IIFL for last 5-6 years. I opened my account with Rs 555/- life time AMC. Now suddenly they have started charging AMC of Rs 40/month and threatening to sell my shares If I don’t pay the money immediately. I have paid the money, but this is a cheating done to me by IIFL.

Please instruct them strictly to refund all my monthly AMC charges and stop charging in future as while opening the A/C with Rs 555/- they said that no AMC charges will be there in my A/C for lifetime.

Email Id: biplabgorai@gmail.