As per the National Stock Exchange (NSE) circular no. NSE/ISC/48165 and BSE notice no. 20210503-41 dated 3rd May, 2021, it is mandatory to update your income details registered with us every year for both Securities and Commodities segment. 

Steps to update income details

  • Visit the ‘Profile’ section on the Upstox app

  • Tap on ‘Update Financial Details’

    From here update your latest income range by selecting any one of these options:

    1. Up to 1 lac 

    2. 1 lac to 5 lacs

    3. 5 lacs – 10 lacs

    4. 10 lacs – 25 lacs 

    5. Above 25 lacs    

  • Those registered only in the securities (Equity) segment need not upload the income proof. However those registered in the derivative (Futures and Options, Currency and Commodity) segment would be required to upload any of the following income proof.

    1. Latest Copy of ITR

    2. Latest Copy of Form 16

    3. Latest Copy of Net worth Certificate

    4. Latest salary slip of past 3 months

    5. Latest bank statement of the past 6 months

  • Lastly,  you will be asked to type in an OTP sent to your registered mobile number linked with Upstox. Type in the OTP for updating your income details successfully and securely.