Direct Payout of securities

Can anyone from upstox team please let me know when the direct payout of securities will be resumed from clearing corporation which was recently dicontinued… @Ushnota

Hi @Arvin720,

Currently the Clearing Corporation has not given a timeline for this. However, we shall update regarding this once there’s a new timeline from them.

@Ushnota Any update on the direct payout

Hi @Arvin720,

Direct payout from the clearing corporation will be going live from the trade date of February 24 (Monday).

Will be putting up a detailed post regarding this today on Community. Let us know if you have any further questions.

Hi @Arvin720,

I’ve put up a detailed post on this on Community. You can read it here: SEBI’s new Direct Payout is going live on 24 Feb

Let me know in case of any further query, thanks.