How to Withdraw Money from Upstox

If you are a new Upstox demat account user and want to know how to withdraw money from the Upstox account, this post is for you. In this post, I will explain everything regarding Upstox withdrawal. 

You must link your bank account during Upstox account opening. You can withdraw money from Upstox free of any charges. There are two modes of withdrawing money from Upstox trading account: instant Withdrawal and Standard Withdrawal.

How do you withdraw money from Upstox using instant withdrawal?

Instant Withdrawal lets you withdraw funds from ₹100 to up to ₹5 lakhs a day from your Upstox wallet within 15 minutes to your bank account. However, for Instant Withdrawal, you must enable IMPS mode in your bank account.

You can do it through net banking. Another essential thing to remember is that you can initiate a withdrawal request any day from Monday to Friday, from 10 am to 6 pm.

For any withdrawal request initiated before 10 am or after 6 pm, the payout will work according to the Standard withdrawal timing, i.e., the amount will be credited to your bank account by 3 pm on the next working day.

Besides, you must square off any open positions, and your used margin needs to be zero before initiating a withdrawal request. With this mode of Withdrawal, you will receive the amount to your bank account within 15 minutes from the time you initiated the Instant withdrawal request.

How to Standard Withdraw Money from Upstox Using Standard Withdrawal?

When you initiate a withdrawal request using the Standard Withdrawal mode, the amount will be credited to your bank account by 3 pm on the same trading day. However, to receive the amount in your bank account on the same day, you must initiate your fund withdrawal request before 8 am on any day from Monday to Friday. 

For any withdrawal request initiated after 8 am, the amount will be credited to your bank account by 3 pm on the next working day. If you initiate a withdrawal request during stock market holidays, you must wait until the next working days to receive the money in your bank account. If you experience any delays in your fund balance withdrawal, you can contact Upstox live support.

How do you initiate a withdrawal request on Upstox Pro?

Initiating a Withdrawal Request on Upstox is the same for both Instant Withdrawal and Standard Withdrawal, but only the timing matters as already explained. Here are the steps you need to follow:

  • First, you must log into the Upstox website or the Upstox app using your 6-digit PIN or Biometrics.
  • After that, you can click on the Account tab.
  • Next, you must click on Withdraw funds and enter the amount to be withdrawn.
  • Click on Continue and then Click on Confirm Withdrawal.
  • Lastly, you can check the expected payout date and time.


Withdrawal is always a matter of worry when using any broker app, and it's always wise to understand the withdrawal process entirely before using a broker app. Upstox by RKSV Securities India Pvt has a simple and flawless withdrawal process. I have explained the two ways you can withdraw your funds from Upstox. 

I have explained how Instant Withdrawal and Standard Withdrawal work. As you have seen in the article, the only difference is timing. Besides, I have explained the process of initiating a withdrawal request in Upstox.

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