1) Standard Payout:
Even after you place a withdrawal request, your trading limits will not be updated until the request is processed. You can cancel or modify your withdrawal request.
2) Instant Withdrawal:
Once you place an instant withdrawal request, your trading limits will be updated immediately. However, you cannot modify or cancel this request.
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)?