Kindly follow the below steps to submit your bank statement Automatically.
Step 1: Login to the Upstox app using your 6-digit PIN or Biometrics.
Step 2: Once you login, click on ‘Account’.
Step 3: Click on ‘My Account’
Step 4: Click on ‘Profile’
Step 5: Click ‘My trading segment’ under ‘Profile’. You will be redirected to the segment activation page.
Step 6: Click on ‘Enable segment’ for the segment you want to activate.
Step 7: For MCX, you will also be asked to upload a live photo.
Step 8: Allow camera access to take your selfie
Step 9: Complete your verification
Step 10: Select ‘Bank Statement’ and then click on ‘Continue’
Step 11: Select your ‘Primary Bank’ listed with Upstox.Then click on ‘Continue’
Note: Your bank statement should be of the last 6 months with at least 1 transaction of ₹5000 or more.
Step 12: Select ‘Automatically fetch’ and then click on ‘Continue’
Step 13: Log in with the mobile number registered with your bank and then click ‘Begin’
Step 14: Enter the 6-digit OTP sent to your bank registered mobile number, then click on ‘Verify OTP’
Step 15: Select bank account and then click ‘Continue’
Step 16: Enter OTP sent to your bank registered mobile number, then click on ‘Continue’
Step 17: Click on ‘Approve’ to share a statement from your bank to Upstox.
Step 18: Click on ‘Yes, share’
Step 19: Once approved your bank statement data will be shared with Upstox shortly.
Step 20: eSign your application using your Aadhaar number.
Step 21: Enter the security code sent on your Aadhaar registered mobile number.
Step 22: Click on sign now to complete your eSign process.
Step 23: Enter your Aadhaar number.
Step 24: Enter OTP send on your Aadhaar registered mobile number
Step 25: Once your request has been placed successfully, it will take about 24-48 working hours for the segments to get activated. We will update you over email / SMS about the status of your request.
To take your bank statements directly from the bank, we have tied up with a third party vendor application SETU. These apps will not store your data.
In the following two cases, the eSign step is not needed. You just need to upload the necessary income proof and your request will be placed:
If you have submitted your consent to activate MCX while opening your Upstox account
If your segment activation request has been rejected previously and you wish to resubmit your request
Click here to view the income proof documents that are required for activating your segment.