Upstox offers multiple ways to add money to the trading account. The discount broker allows real-time UPI-based fund transfer to the Upstox Trading Account for free. UPI payment gateway (PhonePe, Google Pay) transfers funds instantly to the trading account. Customers can also add funds to the Upstox account through net banking, cheque, and NEFT/RTGS. You can add or withdraw money through the Upstox Pro web or mobile app. Check out more about the Upstox fund transfer and withdrawal process, charges, timing, and more.
If you are a UPI user like PhonePe, Google Pay, etc. then it is the most convenient and simple way to add funds instantly to the Upstox trading Account at zero charges. The only thing is that you have to make sure that the UPI App and Upstox Demat Account must be linked with the same bank account (either primary or secondary) because third-party transactions will be rejected.
Steps to add funds to Upstox account using UPI
Customers can also add money to the Upstox account in real-time through their bank’s net banking portal. Upstox has partnered with 20+ banks to allow customers to transfer funds to Upstox Securities and Commodities account via ATOM and Razorpay payment gateway.
Steps to add funds in Upstox through Net banking
Upstox payment gateway charges: Rs. 7 per transaction
Cheque based fund transfer process is a traditional method and Upstox allows customers to add funds via cheque.
Note: Cheque written must be of your registered bank account and it will take nearly 3-5 working days to add funds in Upstox through cheque.
Customers can add funds to the Upstox account from their bank account via NEFT/RTGS, or IMPS. Here is the process on how to add money in Upstox using a bank account.
Upstox Bank Account details to add money using bank transfer;
|Securities/Equity Trading Account||Commodity|
|Bank||HDFC Bank||HDFC Bank|
|Account Name||RKSV Securities India Pvt Ltd||RKSV Commodities India Pvt Ltd.|
|Account type||Current Account||Current Account|
|Net Banking||Rs. 7 per transaction|
Note: Upstox doesn &t charge anything on IMPS/NEFT/RTGS fund transfer, however, bank charges may apply.
Check out the table here to know the time required to transfer funds to your Upstox account;
|UPI||Instant Fund Transfer|
|Net Banking||Instant Fund Fransfer|
|IMPS||Instant Fund Transfer|
|Cheque||3-5 working days|
Upstox withdrawal process is as simple as funding the Upstox account. You can withdraw funds from your Upstox Trading account online in a hassle-free manner. Customers can place fund withdrawal requests on the Upstox Pro web and mobile app as per their choice. Make sure to not have any open orders placed from your account.
Steps to withdraw funds in Upstox
Withdrawing money from an Upstox account is absolutely free of cost and available at no charges. Upstox facilitates instant withdrawal of Rs. 50,000 to your bank account within 15 minutes.
All the fund withdrawal requests received by the Upstox team are processed at the end of every working day, thus, it will take upto 24 hours to successfully process the withdrawal requests and credit money into your bank account.
If you have placed a request to withdraw funds from 9 AM to 4 PM then the money will be credited into your bank account the same day. However, withdrawal requests placed after 4 PM will be processed on the next working day.
Last updated on 13th Jul 2021
Yes, Upstox allows fund transfer facility through UPI on the pro web as well as Pro mobile trading application. Customers can add funds instantly to the trading account using UPI for free. The maximum fund transfer limit through UPI is Rs. 1 Lakh.
Upstox Pro app facilitates instant and real-time fund transfer facility through UPI payment mechanism. The UPI fund transfer process is very simple and hassle-free and charged with nil brokerage.
Upstox team processes the fund withdrawal request at the end of every working day, hence, if you have placed the order to withdraw money before 4 PM, then it will be transferred into your primary bank account on the same working day, however, withdrawal requests placed after 4 PM will be processed by the team on the next working day. Funds withdrawal requests placed by customers on the 2nd and 4th Saturday and or public holidays will be processed on the next working day.
Upstox customers can place fund withdrawal requests on the Pro web or Pro mobile app. The broker facilitates free fund withdrawal at zero charges.
Steps to withdraw funds from Upstox Pro app:
You can check complete fund transfer history including deposits (payin) as well as withdrawal (payout) details of the past on the Upstox Pro mobile app on Android and iOS devices. Here is the process on how to check payins and payout history on the Upstox Pro mobile app.
Nil, yes fund withdrawal from the Upstox Trading Account is absolutely free at zero fees. Upstox customers can place the fund withdrawal request on the Pro Web platform or through using the Upstox Pro mobile app. Upstox processes the fund withdrawal requests within 24 hours.
Upstox provides a number of ways to add money in the Upstox account for online trading and investment across different segments like shares, futures & options, commodities, and currency. Here are the details;