To open a new account, simply follow these steps:
Step 1 : Visit https://upstox.com and enter your mobile number and click ‘Start Investing’ or you can click on 'Create Account'.
Or you can download our app via this link https://upstox.com/upstox-pro-mobile/
Step 2 : If you proceed via our website, a new page will open where you have to sign up with your email address and mobile number.
Step 3: Verify your mobile number and create a new 6- digit PIN, next confirm your PIN
Step 4: Verify your email address and proceed further for the account opening process
If you proceed via the app, please follow below steps :
A. Enter your 10-digit mobile number and you will receive an OTP on your mobile number, enter the same to verify and proceed
B. Once you enter the OTP, you have to create a 6-digit PIN and re-enter it to confirm the same
C. After this, you will be able to login & click on the 'Create Upstox Account' button at the top and proceed ahead.
Step 5: You will receive an OTP on your mobile number and email address for verification.
Step 6: The following documents will be required in the account opening process. Keep them handy (Aadhaar and PAN card) and click on continue.
Step 7: Enter your PAN card number along with your Date of Birth as per the PAN card and click ‘Next’.
Step 8: Enter your 'Personal Details' and click ‘Continue’
Step 9: After clicking on 'Continue' the next step is to verify your address details
Step 10: Enter your digital signature in the white box.
Step 11: Click ‘Connect your Digilocker with Upstox’ (Aadhaar should be linked with a mobile number). If you connect to Digilocker then you do not have to upload any details. Click on ‘Connect now’.
Step 12: The next screen will ask your permission to allow data sharing with Upstox via Digilocker, click on 'Allow' and 'Proceed'.
Step 13: Here you can see a list where by clicking 'Allow' you provide your consent to allow the application to access your Digilocker. Click on 'Allow'
Step 14: On the next screen you will see a request to allow camera access to capture a live photograph (a requirement mandated by SEBI)
Step 15: Follow the instructions given to submit a proper and clear photo.
Step 16: Take a photo as per the instructions and click on 'Accept'.
Step 17: Before proceeding, check the quality of the photo. If it is blur or unclear, click on 'Retake Photo' and again take a clear photo. If the photo is clear click on 'Continue'.
Step 18: Enter your Bank details
Step 19: The next page will have details on the account opening and brokerage plan benefits
Step 20: You will then see a confirmation of the Brokerage Plan on the next screen
Step 21: Then, on the next screen you will get to select and activate F&O, Currency and Commodity segments. You can skip this or activate it.
Step 22: Then you will see a ‘Nominee Addition’ screen where you can add upto 3 nominees for your Demat Account.
Step 23: Once you click on ‘Add nominee’ you need to fill the nominee details correctly
Step 24: Then you will need to upload identity proof of the nominees
Step 25: In case you wish to add a nominee who is underage, guardian details would be required.
Step 26: You will also need to upload identity proof of the guardian
Step 27: Once you add the nominee details you can check the nominee details summary to reconfirm the information and if it's correct click on ‘Continue’.
Step 28: E-sign your application and you will receive an OTP on your Aadhaar linked mobile number
If you select the eSign option:
You will get the first option to enter OTP sent on a registered mobile number with Upstox.
You will be asked to enter your Aadhaar number, tick the terms & conditions box, and click on Get OTP.
Enter the OTP and complete the process.
Step 29: Once you have successfully completed the Upstox Account Opening process you can also track your application with status. It will take up to 3 days to verify and open your Upstox account.