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We're proud to announce that RKSV has taken a giant leap forward and is now Upstox.

Which banks have you tied up with and how do fund transfers work?

Which banks have you tied up with and how do fund transfers work?

We have tied up with over 28 banks. Some banks include:

  1. Axis Bank
  2. Bank of India
  3. Bank of Maharashtra
  4. Bank of Patiala
  5. Catholic Syrian Bank
  6. City Union Bank
  7. Deutsche Bank
  8. Dhanalaxmi Bank
  9. Federal Bank
  10. HDFC Bank
  11. IDBI Bank
  12. ICICI Bank
  13. Indian Bank
  14. Indian Overseas Bank
  15. Indusind Bank
  16. Jammu & Kashmir
  17. Kotak Mahindra Bank
  18. Karnataka Bank
  19. Karur Vysya Bank
  20. Lakshmi Vilas Bank
  21. State Bank of Bikaner and Jaipur
  22. State Bank of Hyderabad
  23. State Bank of India
  24. State Bank of Mysore
  25. State Bank of Travancore
  26. Saraswat Bank
  27. Tamilnadu Mercantile Bank
  28. YES Bank

If you bank with any of these banks, you can leverage our partnerships with them to ensure that your deposits and withdrawals are processed in time. These 28 banks are the most common banks in India, but they do not represent all the banks we have tied up with. If you do not see your bank on this list, please send an email to support@upstox.com

Using Upstox Pro, you can directly link your bank to Upstox on the mobile app. This makes is very convenient to deposit funds via a pay-in right on the go. By simply linking your bank to Upstox on the app, you can instantaneously transfer funds and begin utilizing margin. This makes it super easy to be able to transfer funds and trade on the go. You can deposit funds either via RTGS or NEFT.

 

How do Pay-ins (deposits) work?

Pay-ins using NEFT are instant. Usually, a NEFT transfer will take about 3-4 hours to transfer the funds from your account to our bank account.

Pay-outs are processed twice a day (before market open and after market close) and are fully automated. Every request will be processed within 24 business hours. The withdrawal will be done via NEFT/RTGS and should be completed by the next working day subject to T+2 Settlement. If you notice a delay, simply send an email to support@upstox.com

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