Notification about our upcoming changes
As we expand, we aim to offer more products and services, ensuring you have everything you need to Invest Right. We're currently restructuring to support this growth.
Although 'Upstox' may be the name you're familiar with, our legal entity is 'RKSV Securities India Pvt. Ltd.' To streamline our structure and facilitate further growth, we're transitioning our Broking and Depository Participant (DP) operations to 'Upstox Securities Pvt. Ltd.,' a subsidiary fully owned by RKSV Securities India Pvt. Ltd.
What has changed?
- 🔹 Our Equity Trading Business (including Equity, Mutual Funds, Futures & Options, Currency) will be conducted under Upstox Securities Pvt. Ltd.
- 🔹 Our Commodity Trading Business (MCX) will continue under RKSV Commodities India Pvt. Ltd.
What does this mean for you?
Not much really, everything pretty much stays the same as before!
- 🔸 Your Client ID, Account Number, Investments etc. everything remains the same and you can continue to invest and trade just like before.
- 🔸 If you've previously enabled DDPI or POA, please re-enable DDPI by following the steps here: How do I activate DDPI on Upstox?
New Banking Details
To add funds via NEFT, RTGS, IMPS for Equity, F&O, and Currency trading, please use these banking details from 8 March, 2024:
Bank Name: HDFC Bank
Account Name: Upstox Securities Pvt Ltd - USCNB A/C
Account Number: 57500001411011
Account Type: Current Account
IFSC Code: HDFC0000060
What next?
These changes will take effect starting 8 March, 2024. If you do not agree to these changes, please consult the attached official policy document. By using our services from 8 March, 2024, onwards, you consent to the updated policies.
Thank you for your continued trust and partnership with us. For more details click here: Business Transfer to Subsidiary Intimation