How do I update my financial details on the Upstox platforms?

As per the Prevention of Money Laundering Act (PMLA), and as directed by SEBI, all clients are required to update their financial information annually for their trading account maintained with their respective stock brokers.

As FY 2019-20 has now ended, it would be preferable for you to tally your books & update your financial details with Upstox before 30th June, 2020. 

Keeping in mind the current lockdown situation, we have made updating your financial details very simple and straightforward for you.

All you need to do is log on to Upstox Pro Web or Pro Mobile platforms and update your financial details by going to the ‘Profile’ section.

Here’s a step by step process on how to update your financial information:

PRO WEB

Step 1: Go to pro.upstox.com and login with your credentials

Step 2: After you login, you will find your name appearing on the top right corner of the screen. Click on your name, a menu will appear and click on “My Account”.

Step 3: Next, click on ‘Complete your pending tasks’ and then click on ‘Update Income Proof’


Step 4: You now need to choose your relevant income bracket


Step 5: Next, upload your most recent income proof


Step 6: Now, you need to accept the declaration.


Step 7: For us to verify your identity, you now need to enter an OTP, sent on your registered email id and mobile number

Step 8: And that’s it! Your financial details have been successfully updated. 

PRO MOBILE

Step 1: Log in to the Upstox Pro mobile app and select the 3 horizontal lines on the top left corner of your screen

Step 2: Click on Update Income Proof

Step 3: Next, click on ‘Complete your pending tasks’ and then click on ‘Your financial details need to be updated’.’

Step 4: You now need to choose your relevant income bracket and upload your most recent income proof

Step 5: Click on ‘I accept the above declaration’ 

Step 6: You need to now verify your submission by entering the OTP sent to your registered mobile number or email id.

Step 7: And that’s it! Your financial details have been successfully updated.