Withdrawal requests can be rejected due to the following reasons:

  • The withdrawal amount was used for trading after placing the withdrawal request.
  • There are insufficient funds in your account after the daily settlement.
  • The IFSC code has not been updated with us (if your bank has been merged with other banks or when the branch changes).

Kindly follow the process to update the IFSC Code How to update existing bank IFSC code to your Upstox account?.


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