Upstox Instant Withdrawal Process Step By Step Money Time

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Know the details about the Upstox Instant Withdrawal Process Step By Step Money Time, Upstox Instant Money Withdrawal Online Complete Process

Upstox Instant Withdrawal Process: A Comprehensive Guide

Investing in the stock market has become more accessible than ever before thanks to online brokerages like Upstox. One of the features that sets Upstox apart is its instant withdrawal facility. This blog post will take you through a step-by-step guide on how to use this feature, important points to remember, and commonly asked questions.

Upstox Instant Withdrawal Process Step By Step Money Time

What is Instant Withdrawal?

The instant withdrawal feature allows you to withdraw from ₹100 up to ₹2 lakhs per day from your securities and commodities wallet in Upstox1. The withdrawal request is processed within 15 minutes via IMPS only.

Step-by-Step Procedure for Instant Withdrawal in Upstox

  1. Log in to Upstox: Begin by logging into your Upstox account using your username and password.
  2. Navigate to Funds: Once logged in, go to the ‘Funds’ section located in the menu bar.
  3. Choose Withdraw: In the ‘Funds’ section, select the ‘Withdraw’ option.
  4. Enter Amount: Input the amount that you wish to withdraw. Remember, the minimum amount is ₹100 and the maximum is ₹2 lakhs.
  5. Select Instant Withdrawal: Choose ‘Instant Withdrawal’ as your preferred mode of withdrawal.
  6. Confirm: Review your details and confirm the transaction.

Your funds should reach your bank account within 15 minutes.

Things to Know

  • Instant withdrawal requests can be placed between 11:00 AM to 4:00 PM and they will be processed within 15 minutes.
  • Ensure that the IMPS mode is active on your bank account.
  • Only funds that have been settled can be withdrawn.
  • You will receive SMS notifications and email updates about your withdrawal.

Frequently Asked Questions

Q: What if I have not received my money within the specified time after placing an instant withdrawal request?

A: If you haven’t received your funds within 15 minutes, you should contact Upstox customer care at +91-22-6130-9999

Q: Can I withdraw more than ₹2 lakhs in a day?

A: No, the maximum limit for instant withdrawal is ₹2 lakhs per day

Q: Are there any charges for instant withdrawal?

A: Currently, Upstox offers the instant withdrawal facility for free

In conclusion, the Upstox instant withdrawal feature is a convenient tool for investors who require immediate access to their funds. If you encounter any issues while using this feature, don’t hesitate to reach out to Upstox’s customer service for assistance.

Disclaimer: This blog post is intended for informational purposes only and should not be considered as financial advice. Always consult with a financial advisor before making any investment decisions.

How to Activate IMPS in Upstox Online Charges Things to Know

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