Currently, the withdrawal process at Upstox takes a considerable amount of time due to the day-end brokerage cycle and billing process. These processes determine the final balance, after which the payout is processed. As a result, if a withdrawal request is placed during market hours, it may take over 24 hours to complete.

However, with our instant withdrawal facility, you can withdraw funds in under 15 minutes after placing a withdrawal request. A nominal fee of ₹23.6 (₹20 + 18% GST) shall be applicable for every Instant withdrawal request placed. 


Instant Withdrawal Timings

Trading dayWithdrawal request timeTime frame
Monday - Friday10 AM to 6 PMWithin 15 minutes on the same day (only via IMPS)


Eligibility Criteria:

  • Settlement: As per SEBI regulations, you can only withdraw funds after settlement. To understand the settlement cycle, please refer to the relevant link.
  • Pending Requests: You should not have any pending withdrawal requests.
  • Available Balance: You cannot withdraw more than the available balance in your Upstox account.
  • IMPS Activation: IMPS must be activated on your bank account.
  • Trading Days: This feature is available on trading days between 10:00 AM and 6:00 PM (Monday to Friday), and it is not available on trading or settlement holidays.
  • Withdrawal Limits: You can withdraw between ₹100 and ₹5 lakh per day, including both securities and commodities wallets.
  • Open Orders: You should not have any open or closed orders in your Trading or Mutual Fund account.
  • Margin: The used margin, which reflects the total amount utilized for open or closed positions, must be zero to place an instant withdrawal request.
  • Multiple Requests: You cannot submit another instant withdrawal request while a current request is still pending. However, there is no limit on the number of instant withdrawal transactions you can make in a day.
  • Standard Process: If you exceed ₹5 lakh in withdrawal requests or if you request withdrawals on non-trading days, your request will follow the standard withdrawal process. Please check the withdrawal TAT for details.

Once your withdrawal is successfully processed, you will receive a confirmation via email.


Related Article:

How can I withdraw funds from my Upstox account? 

Why is my fund balance lesser than what I expected? 

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