Standard Payout: Even after placing a withdrawal request, trading limits are not updated until the request is processed.

You can cancel or modify your withdrawal request.


Instant Withdrawal: Once you place an instant withdrawal request, trading limits are updated immediately.

You cannot edit or cancel this request.


Related Article: 

How can I withdraw funds from my Upstox account? 

Why has my withdrawal request been rejected?

Why is my instant payout not credited to my bank account? (Deemed Success)?