Currently, the withdrawal process at Upstox takes considerable time. There is a day-end brokerage cycle and billing process, based on which the final balance is calculated, and then the payout is processed. This entire process takes over 24 hours if a withdrawal request is placed during market hours.

However, with our instant withdrawal facility, you can withdraw funds in under 5 minutes after placing a withdrawal request. A nominal fee of ₹23.60 (₹20 + 18% GST) shall be applicable for every Instant withdrawal request placed.

Instant withdrawal timings

Trading day	Withdrawal request time	Time frame
Monday - Friday	10 AM to 6 PM	Within 5 minutes on the same day (only via IMPS)

This is subject to the below criteria:

As per SEBI, you can only withdraw funds after the settlement is done. Refer to the following link to understand the settlement cycle.

• You should not have any pending withdrawal requests.
• You cannot withdraw more than the available balance in your Upstox account.
• IMPS must be activated on your bank account.
• This feature is available on trading days between 10:00 AM and 6:00 PM (Monday to Friday).
• It is not available on trading or settlement holidays.
• Withdrawal limits range from ₹100 to ₹5 lakh per day.
• You should not have any open or closed orders in your Trading or Mutual Fund account.
• If you place multiple withdrawal requests exceeding ₹5 lakh or request withdrawals on non-trading days, those requests will follow the standard withdrawal process. Please check the withdrawal TAT.
• The used margin reflects the total amount utilized for open or closed positions, and it must be zero to place an instant withdrawal request.
• You cannot submit another instant withdrawal request while a current request is pending. There is no limit on the number of instant withdrawal transactions per day.
• Once the withdrawal is processed successfully, you will receive a confirmation via SMS and email.

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